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Ingram Micro To Acquire Promark Technology

For more information on Ingram Micro visit www.ingrammicro.com. To learn, see and hear more about Ingram Micro online, follow the distributor on Facebook at www.facebook.com/IngramMicro; Twitter at www.twitter.com/IngramMicroInc; and YouTube at http://www.youtube.com/user/ingrammicroinc.

Cautionary Statement for the Purpose of the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995

The matters in this press release that are forward-looking statements are based on current management expectations. Certain risks may cause such expectations to not be achieved and, in turn, may have a material adverse effect on Ingram Micro's business, financial condition and results of operations. Ingram Micro disclaims any duty to update any forward-looking statements.

All statements other than statements of historical fact are statements that could be deemed forward-looking statements.

Important risk factors that could cause actual results to differ materially from those discussed in the forward-looking statements include, without limitation: Promark's business may not perform as expected due to transaction-related uncertainty or other factors; the ability of Promark and Ingram Micro to retain relationships with customers, vendors and other partners; management's ability to execute its plans, strategies and objectives for future operations, including the execution of integration plans; growth of the data storage, data management and electronic document imaging products and services industry; our ability to maintain access to adequate levels of capital at reasonable rates; and our ability to achieve the expected benefits and manage the expected costs of the transaction.

For a further discussion of significant factors to consider in connection with forward-looking statements concerning Ingram Micro, reference is made to Item 1A Risk Factors of Ingram Micro's Annual Report on Form 10-K for the fiscal year ended December 31, 2011 and Item 1A Risk Factors of Ingram Micro's Quarterly Report on Form 10-Q for the fiscal quarter ended September 29, 2012; other risks or uncertainties that may be detailed from time to time in Ingram Micro's future SEC filings.

About PromarkPromark Technology is one of the premier value added distributors (VAD) in the United States. Promark's core technology focus is distributing data storage and electronic document imaging products and solutions through a two-tier distribution channel selling to value added resellers (VARs) and system integrators. Promark leverages its direct relationships with world class technology partners including: Dell – Compellent, Dot Hill, QLogic, Overland Storage, ExaGrid, Nexsan, FalconStor, Enterasys, Panasonic, Fujitsu and many more to provide solutions that meet the most demanding needs of their customers. Promark's Professional Services Division provides VARs the opportunity to offer its clients installation, implementation and support services for many of our vendors. Promark offers a channel- friendly model with a solid margin proposition for organizations to make money for service opportunities. Promark offers professional services in application integration, backup and recovery, network optimization, storage implementations and disaster recovery solutions. Promark also provides various federal and state contract vehicles, including the GSA schedule for which its channel partners can leverage to sell to the government.

About Ingram MicroIngram Micro is the world's largest wholesale technology distributor and a global leader in IT supply-chain, mobile device lifecycle services and logistics solutions. As a vital link in the technology value chain, Ingram Micro creates sales and profitability opportunities for vendors and resellers through unique marketing programs, outsourced logistics and mobile solutions, technical support, financial services and product aggregation and distribution. The company is the only global broad-based IT distributor, serving 145 countries on six continents with the world's most comprehensive portfolio of IT products and services. Visit www.ingrammicro.com.

SOURCE Ingram Micro Inc.

Stock quotes in this article: IM 
Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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