November.21.08
TUCKER, GA - (PR NEWSWIRE) - November 21, 2008 - SED International Holdings, Inc. (Pink Sheets: SECX), a multinational supply chain management provider and distributor of leading computer technology, wireless communications and consumer electronics, today announced that it has appointed Elite Financial Communications Group as its investor and public relations counsel of record.
In collaboration with SED's senior leadership team, Elite is charged with developing, implementing and supporting a fully integrated corporate and shareholder communications platform. Accordingly, Elite will endeavor to generate broader investor and media appreciation for the Company's longstanding reputation as a preferred industry partner, its sound and prudent business practices, its financial and operational performance and its ambitious business development strategies.
"With annual sales of nearly a half billion dollars in its most recent fiscal year (ended June 30, 2008), 340 employees and robust business operations in three countries, SED is not your typical microcap company," stated Dodi Handy, President and CEO of Elite. "There is no question it deserves much greater visibility, attention and support. As such, Elite is very proud and honored to be teaming with SED and looks forward to playing an important role in the Company's continued growth and future success."
About SED International, Inc.
Founded in 1980, SED International Holdings, Inc. is a multinational, preferred distributor of leading computer technology, wireless communications and consumer electronics products. The Company also offers custom-tailored supply chain management services ideally suited to meet the priorities and distribution requirements of the e-commerce, Business-to-Business and Business-to-Consumer markets. Headquartered near Atlanta, Georgia with business operations in California; Florida; Georgia; Texas; Bogota, Colombia and Buenos Aires, Argentina, SED serves a customer base of over 6,000 channel partners and retailers in the U.S. and Latin America. To learn more, please visit www.SEDonline.com.
Statements made in this Press Release that are not historical or current facts are "forward-looking statements." These statements often can be identified by the use of terms such as "may," "will," "expect," "believes," "anticipate," "estimate," "approximate" or "continue," or the negative thereof. The Company wishes to caution readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made. Any forward-looking statements represent management's best judgment as to what may occur in the future. However, forward-looking statements are subject to risks, uncertainties and important factors beyond the control of the Company that could cause actual results and events to differ materially from historical results of operations and events and those presently anticipated or projected. These factors include adverse economic conditions, entry of new and stronger competitors, inadequate capital, unexpected costs, failure to gain product approval in foreign countries and failure to capitalize upon access to new markets. The Company disclaims any obligation to revise any forward-looking statements to reflect events or circumstances after the date of such statement or to reflect the occurrence of anticipated or unanticipated events. These factors and others are discussed in the "Management's Discussion and Analysis" section of the Company's Reports on Form 10-K for the fiscal year ended June 30, 2008 and Form 10-Q for the quarter ended September 30, 2008.