SED International Holdings Appoints Industry Veteran to Lead Purchasing Operations in the United States

LAWRENCEVILLE, Ga.--(EON: Enhanced Online News)--SED International Holdings, Inc. (Amex: SED), multinational supply chain management provider and distributor of leading computer technology, consumer electronics, small appliances and cellular products, today announced that Eddie Lageyre, has joined the company as Senior Vice President, U.S. Purchasing. Mr. Lageyre will be based out of the new SED headquarters in Lawrenceville, GA and will report directly to Jonathan Elster, President and Chief Executive Officer.

“My background and experience make me well-suited to this role, and I am very excited for the opportunity to help SED continue to grow and thrive by maximizing current channel opportunities and creating new ones.”

“Eddie brings a wealth of experience to this role, with an extensive background as a wholesale distributor and direct-to-consumer and business-to-business reseller (e-commerce and retail),” said Jonathan Elster. “His knowledge of managing multiple categories across various revenue streams and sales channels for companies such as ArchBrook Laguna, PC Mall and TigerDirect make him uniquely qualified to lead the U.S. purchasing efforts for SED. This role is an important addition to the company, as it further strengthens our purchasing organization as we execute on aggressive product and vendor partner related initiatives in conjunction with our three-year strategic growth plan.”

“SED has solid relationships with industry leading vendors, and I look forward to building on these connections,” said Eddie Lageyre. “My background and experience make me well-suited to this role, and I am very excited for the opportunity to help SED continue to grow and thrive by maximizing current channel opportunities and creating new ones.”

Lageyre brings 18 years of purchasing experience in the industry to SED, during which he was directly responsible for a wide variety of businesses and channels. Prior to joining SED, he was vice president of merchandising at ArchBrook Laguna, LLC, where he was responsible for vendor relationships, as well as driving partnerships to effectively engage with the company’s sales force and its e-commerce and retailer customer base. Before that, he was a senior merchandising executive for OnSale.com, a wholly-owned subsidiary of PC Mall, where he was in charge of all aspects of the company’s e-commerce business and consumer merchandising. Lageyre began his career at TigerDirect, where he served in a number of key roles throughout his 15 years with the company, most recently as vice president of merchandising for PC hardware and peripherals.

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 US 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 Forms 10-K and 10-Q available at www.sec.gov.