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Tech Data Named To InformationWeek 500 For Third Straight Year

Stocks in this article: TECD

CLEARWATER, Fla., Sept. 19, 2012 (GLOBE NEWSWIRE) -- Tech Data Corporation (Nasdaq:TECD), today announced that it ranked No. 40 on this year's InformationWeek 500, a list of the top information technology innovators in the United States. The annual list was revealed at an awards ceremony at the InformationWeek 500 Conference on September 11 at the St. Regis Monarch Beach Resort in Dana Point, CA. Tech Data's selection to the InformationWeek 500 marks the third straight year that the company has been ranked in the top 100 on the list.

Tech Data was recognized for the introduction of its StreamOne TM Solutions Store in January 2012. The StreamOne Solutions Store is a revolutionary marketing, selling, provisioning and billing platform that changes the way business solutions are bought and sold by allowing cloud providers, software vendors and independent software vendors (ISVs) a route to the VAR channel with access to thousands of Tech Data reseller partners.

"Tech Data is proud to again be honored among the country's most innovative organizations," said Bob Dutkowsky, chief executive officer, Tech Data Corporation. "Tech Data's selection to the InformationWeek 500 for the third straight year reflects both our continued commitment to innovation and the success of our StreamOne platform. StreamOne represents one of the largest e-business tool investments in our company's history and has helped set the new standard for the IT channel in making software and cloud services more accessible, personalized and affordable. As we expand and enhance our cloud offerings, we look forward to continuing to provide our reseller customers and vendor partners with the innovative solutions they need to profitably grow their businesses."

Combined with StreamOne's Software License Selector, which guides resellers through a few easy steps to ensure they are purchasing the solution they need, the StreamOne Solution Store gives resellers the opportunity to offer their customers niche products and cloud services from Tech Data, receive one invoice for their end users, and benefit from instant product or service delivery – often cutting delivery from days to minutes. Tech Data's introduction of the StreamOne Software License Selector earned the company a no. 92 ranking on the 2011 InformationWeek 500.

"The InformationWeek 500 has recognized the most innovative users of business technology for 24 years, and this year's innovations were particularly impressive," said InformationWeek Editor In Chief Rob Preston. "What the editors looked for are unconventional approaches—new technologies, new models, new ways of grabbing business opportunities and solving complex business problems with IT."

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