CDW Ranked Among 10 Largest Online Retailers
May 31 2007 - 10:00AM
Business Wire
CDW Corporation (NASDAQ: CDWC), a leading provider of technology
products and services to business, government and education, was
recently ranked No.8 on the list of America's 500 largest
e-retailers. CDW appears alongside other well-known companies like
Amazon.com, Sears and OfficeMax in Internet Retailer's Top 500
Retail Web Sites Guide. CDW is No. 8 on the list with approximately
1.9 billion in annual online sales in 2006, which accounted for
29.7 percent of the company's total annual sales of information
technology products and services. This is the third consecutive
year that CDW has been ranked No. 8. �Our online capabilities play
a crucial role in enabling us to provide our customers with the
technology they need, when they need it,� said Jonathan J. Stevens,
chief information officer, CDW. �We are pleased to be ranked as a
Top 10 e-retailer and remain committed to creating an engaging
experience for our Web buyers.� CDW's Web site provides customers
with a variety of features and customized extranet sites, called
CDW@work, that allow them to order products and services online, as
well as view their account information including purchases, order
status, cost estimate quotes and purchase history. CDW also offers
customers additional online features like the Software License
Tracker, which helps them manage complex software licensing
agreements and in turn better manage their IT systems. Internet
Retailer's definitive ranking and analysis of America's 500 largest
e-retailers is based on annual 2006 Internet sales, researched by
Internet Retailer and confirmed by retailers. This report includes
company financial, operational and performance data, as well as
vendors in 16 key categories. About Internet Retailer Published by
Chicago-based Vertical Web Media LLC, Internet Retailer is a
monthly national business magazine, web site, conference and
directory that serve the retailing community. The Internet Retailer
family of products focuses on the Internet's vital role in a wide
array of retailing activities, including web merchandising, supply
chain management and multi-channel integration. Its 40,000+
subscribers are senior executives primarily from retail chains,
independent stores, catalogs, virtual merchants and brand-name
manufacturers. Internet Retailer's circulation represents the
largest multi-channel readership base of any retailing magazine.
The magazine also publishes the most widely read e-mail newsletter
in retailing, IRNewsLink, which is distributed twice-weekly to
35,000 opt-in subscribers, operates the largest retailing
information web site, InternetRetailer.com, sponsors the largest
conference in the e-retailing industry and publishes an annual
ranking of the 500 largest web sites. About CDW CDW�, ranked No.
342 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, Apple, APC, 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 820 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 5,640 coworkers. In 2006, the company generated sales
of $6.8 billion. For more information, visit CDW.com. CDW
Corporation will file with the Securities and Exchange Commission
(the "SEC"), and furnish to its shareholders, a proxy statement
soliciting proxies for the meeting of its shareholders to be called
with respect to the proposed merger between CDW and MDP. CDW
SHAREHOLDERS ARE ADVISED TO READ THE PROXY STATEMENT WHEN IT IS
FINALIZED AND DISTRIBUTED TO THEM BECAUSE IT WILL CONTAIN IMPORTANT
INFORMATION. CDW shareholders and other interested parties will be
able to obtain, without charge, a copy of the proxy statement (when
available) and other relevant documents filed with the SEC from the
SEC's website at http://www.sec.gov. CDW shareholders and other
interested parties will also be able to obtain, without charge, a
copy of the proxy statement (when available) and other relevant
documents by directing a request by mail or telephone to CDW
Corporation, 200 N. Milwaukee Ave., Vernon Hills, Illinois 60061,
Attention: Corporate Secretary, telephone: (847) 465-6000, or from
CDW's website, http://www.cdw.com. CDW and certain of its
directors, executive officers and other members of management and
employees may, under SEC rules, be deemed to be "participants" in
the solicitation of proxies from shareholders of CDW with respect
to the proposed merger. Information regarding the persons who may
be considered "participants" in the solicitation of proxies will be
set forth in CDW's proxy statement relating to the proposed merger
when it is filed with the SEC. Information regarding certain of
these persons and their beneficial ownership of CDW common stock as
of March 31, 2007 is also set forth in CDW's proxy statement for
its 2007 Annual Meeting of Shareholders, which was filed with the
SEC on April 16, 2007. Statements about the expected timing,
completion and effects of the proposed merger between CDW and MDP,
and all other statements in this press release other than
historical facts, constitute forward-looking statements within the
meaning of the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. Readers are cautioned not to place
undue reliance on these forward-looking statements, each of which
is qualified in its entirety by reference to the following
cautionary statements. Forward-looking statements speak only as of
the date hereof and are based on current expectations and involve a
number of assumptions, risks and uncertainties that could cause
actual results to differ materially from those projected in the
forward-looking statements. CDW may not be able to complete the
proposed merger because of a number of factors, including, among
other things, the failure to obtain shareholder approval, the
failure of financing or the failure to satisfy other closing
conditions. Other risks and uncertainties that may affect
forward-looking statements are described in the reports filed by
CDW with the SEC under the Securities Exchange Act of 1934, as
amended, including without limitation CDW's Annual Report on Form
10-K for the year ended December 31, 2006.
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