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Singapore -- Avnet Technology Solutions, an operating group of global technology distributor Avnet, Inc. (NYSE: AVT), today announced that it has been appointed as Lenovo's distributor to resell their entire range of products in Singapore. As part of this new agreement, Avnet will offer Lenovo's complete range of exceptionally engineered products, including servers and services offerings on top of personal computers, notebooks, and workstations to value-added resellers.
Lenovo's Singapore Country General Manager Ronnie Lee, said: "We are delighted to announce this distribution agreement with Avnet. With its formidable channel experience, global network, and deep industry knowledge, Avnet possesses excellent credentials to be one of our key solutions distributors in Singapore. This channel partnership represents a key strategy to widen our coverage in the small and medium business SMB market space. Avnet will play a vital role in opening up new markets for us via its extensive channel network."
Country General Manager of Avnet Technology Solutions, Singapore, Bennett Wong noted, "The new partnership with Lenovo will allow us to build on our existing portfolio of solutions, which are affordable and solve real business problems for our channel partners who operate in the SMB market. The Lenovo offering will be particularly key in the current economic climate, where price and reliability are crucial drivers when end users are making buying decisions. Working closely with our channel, Avnet's aim is to collaboratively align our go-to-market strategies with leading vendors like Lenovo. As a solutions distributor, Avnet is committed to providing a range of value-added services that enable our channel partners to proactively serve Lenovo's customers in Singapore. For example, we will be providing marketing, sales, financial, logistical and technical services to the channel. Avnet is proud to be associated with Lenovo, and we look forward to a long and fruitful partnership."
About Lenovo
Lenovo (HKSE: 992) (ADR: LNVGY) is dedicated to building exceptionally engineered personal computers. Lenovo's business model is built on innovation, operational efficiency and customer satisfaction as well as a focus on investment in emerging markets. Formed by Lenovo Group's acquisition of the former IBM Personal Computing Division, the company develops, manufactures and markets reliable, high-quality, secure and easy-to-use technology products and services worldwide. Lenovo has major research centers in Yamato, Japan; Beijing, Shanghai and Shenzhen, China; and Raleigh, North Carolina. For more information see www.lenovo.com.
About Avnet Technology Solutions
Avnet Technology Solutions is an operating group of Phoenix-based Avnet, Inc. As a global technology sales and marketing organization, Avnet Technology Solutions has sales divisions focused on specific customer segments and a select line card strategy enabling an exceptional level of attention to the needs of its customers and suppliers. For fiscal year 2008, the group served customers in more than 30 countries and generated US $7.6 billion in annual revenue. The group's Web site is www.ats.avnet.com.
About Avnet
Avnet, Inc. (NYSE:AVT), a Fortune 500 company, is one of the largest distributors of electronic components, computer products and embedded technology in the world. Avnet accelerates its partners' success by connecting the world's leading technology suppliers with a broad base of more than 100,000 customers and providing cost-effective, value-added services and solutions. For the fiscal year ended June 28, 2008, Avnet generated revenue of $17.95 billion. For more information, visit www.avnet.com.
Media contacts:
Avnet Technology Solutions
Julie Lawandra
Tel: +65 6500 6631
Email: julie.lawandra@avnet.com
Lenovo Singapore Pte Ltd
Derrick Koh
Tel: +65 68271000
Email: derrickk@lenovo.com
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