CDWC Cdw Corp (MM)

Seventh graph, first sentence should read: Total corporate sector segment sales in the first quarter of 2007 were $1.219 billion compared to $1.150 billion in the first quarter of 2006, representing an increase of 6.0 percent. (sted Total corporate sector segment sales in the first quarter of 2007 were $1.219 billion compared to $1.150 billion in the first quarter of 2005, representing an increase of 6.0 percent.) The corrected release reads: CDW�S AVERAGE DAILY SALES INCREASE 24.6 PERCENT IN MARCH 2007 AND 17.0 PERCENT IN THE FIRST QUARTER OF 2007 Company to Release First Quarter of 2007 Results on April 24, 2007 CDW Corporation (NASDAQ: CDWC), a leading provider of technology products and services to business, government and education, today announced average daily sales for March 2007 were $31.644 million, an increase of 24.6 percent compared to average daily sales of $25.392 million for March 2006. Total sales for March 2007 were $696.2 million, an increase of 19.2 percent compared to total sales of $584.0 million for March 2006. There were 22 billing days in March 2007 and 23 billing days in March 2006. As previously announced, CDW completed the acquisition of Berbee Information Networks Corporation on October 11, 2006. March 2006 sales do not include Berbee sales, while March 2007 sales include Berbee sales. Excluding Berbee sales in March 2007, and therefore on a non-GAAP basis, CDW�s average daily sales for March 2007 were $28.431 million, an increase of 12.0 percent compared to average daily sales for March 2006 of $25.392 million. Excluding Berbee sales in March 2007, and therefore on a non-GAAP basis, total sales for March 2007 were $625.5 million, an increase of 7.1 percent compared to total sales of $584.0 million for March 2006. There were 22 billing days in March 2007 and 23 billing days in March 2006. In March 2007, average daily sales for the corporate sector segment increased 11.3 percent and average daily sales for the public sector segment increased 13.7 percent compared to the prior year period. While CDW did not own Berbee prior to October 11, 2006, the Company is providing comparative information for Berbee. Compared to the prior year period, average daily sales for Berbee increased 110.1 percent in March 2007. Compared to the public sector and corporate sector segments, Berbee�s business model is more project oriented, which can result in a greater degree of variability in sales on a monthly basis. Product categories that achieved the strongest year-over-year unit volume growth for the month on an average daily basis included notebook computers, desktop computers, data storage, software, video and memory. Product categories exclude Berbee sales. First Quarter of 2007 sales results: Total sales in the first quarter of 2007 were $1.859 billion compared to $1.589 billion in the first quarter of 2006, an increase of 17.0 percent. Average daily sales in the first quarter of 2007 were $29.049 million compared to $24.822 million in the first quarter of 2006, representing a 17.0 percent increase. There were 64 billing days in both the first quarter of 2007 and the first quarter of 2006. As previously announced, CDW completed the acquisition of Berbee Information Networks Corporation on October 11, 2006. Total sales for the first quarter of 2006 do not include Berbee sales, while the first quarter of 2007 sales include Berbee sales. Excluding Berbee sales in the first quarter of 2007, and therefore on a non-GAAP basis, total sales were $1.716 billion, an increase of 8.0 percent compared to total sales of $1.589 billion for the first quarter of 2006. Excluding Berbee sales in the first quarter of 2007, and therefore on a non-GAAP basis, CDW�s average daily sales for the first quarter of 2007 were $26.819 million, an increase of 8.0 percent compared to average daily sales for the first quarter of 2006 of $24.822 million. Total corporate sector segment sales in the first quarter of 2007 were $1.219 billion compared to $1.150 billion in the first quarter of 2006, representing an increase of 6.0 percent. First quarter of 2007 average daily sales for the corporate sector segment were $19.047 million compared to $17.972 million in the first quarter of 2006, representing an increase of 6.0 percent. Total public sector segment sales in the first quarter of 2007 were $497.4 million compared to $438.4 million in the first quarter of 2006, representing an increase of 13.4 percent. First quarter of 2007 average daily sales for the public sector segment were $7.772 million compared to $6.851 million in the first quarter of 2006, representing an increase of 13.4 percent. While CDW did not own Berbee prior to October 11, 2006, the Company is providing comparative information for Berbee. Compared to the prior year period, average daily sales for Berbee increased 69.3 percent in the first quarter of 2007. Compared to the public sector and corporate sector segments, Berbee�s business model is more project oriented, which can result in a greater degree of variability in sales on a monthly basis. Product categories that achieved the strongest year-over-year unit volume growth for the first quarter of 2007 were notebook computers, data storage, software, video and input devices. Product categories exclude Berbee sales. �We are very pleased with the strong sales growth in all of our business segments in March and the first quarter, which reflects our stated objective to grow faster than the market. We remain focused on achieving profitable growth,� said John A. Edwardson, chairman and CEO. Company to Release First Quarter of 2007 Results on April 24, 2007 The Company will release its first quarter of 2007 results on Tuesday, April 24, 2007, at 7:30 a.m. ET / 6:30 a.m. CT. On Tuesday, April 24, 2007, at 8:30 a.m. ET / 7:30 a.m. CT, management will review first quarter of 2007 results during a conference call. The conference call will be available via live webcast in listen-only mode on the Company�s web site at www.cdw.com/investor. An audio replay of the call will be available approximately two hours after the event on www.cdw.com/investor for approximately two weeks. Forward Looking Statement Any forward-looking statements contained in this release are based on the Company's beliefs and expectations as of the date of this release and are subject to certain risks and uncertainties which may have a significant impact on the Company's business, operating results or financial condition. Should any risk or uncertainty materialize, or should underlying assumptions prove incorrect, actual results or outcomes may vary materially from those described in forward-looking statements. Factors affecting the Company's business and prospects are discussed in the Company's filings with the Securities and Exchange Commission. About CDW CDW�, ranked No. 343 on the FORTUNE 500, is a leading provider of technology solutions for business, government and education. CDW is a principal source of technology products and services including top name brands such as Acer, Adobe, APC, Apple, Cisco, Fujitsu, HP, IBM, Lenovo, Microsoft, Panasonic, Quantum, Samsung, Sony, Symantec and ViewSonic. CDW's direct model offers customers one-on-one relationships with knowledgeable account managers and access to more than 760 on-staff engineers and advanced technology specialists who customize solutions for customers� complex technology needs. CDW also provides same-day product shipping and post-sales technical support. CDW was founded in 1984 and employs approximately 5,480 coworkers. In 2006, the company generated sales of $6.8 billion. For more information, visit CDW.com. For more information about CDW: Visit CDW on the Internet at http://www.cdw.com. Contact CDW Investor Relations via the Internet at investorrelations@cdw.com or by telephone at 847-419-6328. CDW is a registered trademark and CDW@work is a trademark of CDW Corporation. 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