CDWC Cdw Corp (MM)

CDW Corporation (NASDAQ:CDWC), a leading provider of technology products to business, government and education, was recognized today by Logistics Management magazine as Gold Winner of the 2007 Logistics Management Best Practices Award. This award acknowledges CDW�s commitment to excellence in managing the entire supply chain process from product procurement, to the reception and flow of products throughout the distribution center, to the final delivery to our valued customers. CDW was recognized by Logistics Management for the operational excellence of its distribution facilities and its Overnight to California Program, a program developed to quicken delivery time and improve customer service to the western region; the initiative cut delivery times in half and reduced express shipping costs by 40 percent in 2006. The new distribution center more than tripled CDW�s capacity for shipping IT products. CDW was also cited for its inbound efficiencies, specifically, the CDW Routing Guide that helped set clear standards for suppliers and inbound carriers. Since the Routing Guide�s implementation, 98 percent of CDW�s carriers are compliant with company standards, which has resulted in improved suppliers' order cycle times. �The Logistics Management Award is a testament to our commitment to quality, operational efficiency and excellence in every aspect of our supply chain operation,� said Doug Eckrote, senior vice president, operations, CDW. �Our new distribution center has fulfilled CDW�s objective of serving as a strategic logistics location and has enabled us to achieve closer proximity to our customers in the Western half of the U.S.� �The editorial staffs of Logistics Management and Supply Chain Management Review poured through more than 80 submissions from some of the world�s savviest logistics and supply chain practitioners,� said Michael Levans, chief editor of Logistics Management. �But we unanimously agreed that the CDW case study should receive the 2007 Gold Award. The CDW team created and implemented a solution that not only met customer needs, but cut its outbound shipping costs by 40 percent and set clear new standards for suppliers and inbound carriers. This is one of the most complete supply chain success stories we�ve covered.� CDW supplies its customers with access to the industry's largest in-stock inventories. Its just-in-time inventory model with two state-of-the-art distribution centers allows CDW to provide the latest technology with faster, more accurate delivery to its customers. CDW operates a 450,000 square foot distribution center in Vernon Hills, Illinois and recently launched its new Western Distribution Center in North Las Vegas. At more than 513,000 square feet, this new facility has a capacity of handling 96,000 outbound cases of IT products every day. Logistics Management�s Best Practices Awards is an annual program that highlights some of the top logistics and supply chain problem solvers around the world. The Gold, Silver, and Bronze winners are chosen by the editorial staffs of Logistics Management and Supply Chain Management Review magazines based on reader submissions. Winners appear in the June issue of Logistics Management. Past winners include Boston Scientific, International Paper, Diageo, and American Identity. 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 Madison Dearborn Partners, LLC. 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 Madison Dearborn Partners, LLC, and all other statements in this filing 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.