TUCKER, Ga.--()--SED International Holdings, Inc. (OTCBB: SECX), a multinational supply chain management provider and distributor of leading computer technology, consumer electronics, small appliances and cellular products, announced that it has added six new vendors to its lineup in time for the peak holiday season.
“These new vendor additions enhance our attractive and diverse offering with an emphasis on key areas where we see major consumer electronics and computing growth potential”
New Vendors
- Augen for TheBook™ eReaders and GENTOUCH Tablet PCs
- Mack Camera and Video Service for extended warranties for a wide range of consumer electronics products, computers and appliances
- iLuv Creative Technology for Apple iPod, iPad and iPhone accessories
- Hitachi Global Storage Technologies for internal and external hard drives, including the LifeStudio™ line of external storage devices
- BIC America for high performance, affordably priced home theater speakers
- SOLO for innovative and stylish laptop cases
“These new vendor additions enhance our attractive and diverse offering with an emphasis on key areas where we see major consumer electronics and computing growth potential,” said Jonathan Elster, SED’s President and Chief Executive Officer. “Key to our growth strategy is adding new customers and vendors that best address emerging consumer demand. eReaders and tablets as well as accessories for portable devices are an excellent example of current trends where we can provide attractive products and gain new customers. In tandem with our sales growth we continue to work to improve our margins through strategic efficiencies as well as including higher margin offerings such as warranties, which also provide a complementary customer buying experience.”
ABOUT SED INTERNATIONAL HOLDINGS, INC.
Founded in 1980, SED International Holdings, Inc. is a multinational, preferred distributor of leading computer technology, consumer electronics, small appliances and cellular 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 10,000 channel partners and retailers in the U.S. and Latin America. To learn more, please visit www.SEDonline.com; or follow us on Twitter @SEDIntl.
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, 2010.
