CDWC Cdw Corp (MM)

CDW Corporation (NASDAQ:CDWC), a leading provider of technology products and services to business, government and education, today announced average daily sales for July 2007 were $32.771 million, an increase of 24.8 percent compared to average daily sales of $26.268 million for July 2006. Total sales for July 2007 were $688.2 million, an increase of 31.0 percent compared to total sales of $525.4 million for July 2006. There were 21 billing days in July 2007 and 20 billing days in July 2006. As previously announced, CDW completed the acquisition of Berbee Information Networks Corporation on October 11, 2006. July 2006 sales do not include Berbee sales, while July 2007 sales include Berbee sales. Excluding Berbee sales in July 2007, and therefore on a non-GAAP basis, CDW�s average daily sales for July 2007 were $30.604 million, an increase of 16.5 percent compared to average daily sales for July 2006 of $26.268 million and total sales for July 2007 were $642.7 million, an increase of 22.3 percent compared to total sales of $525.4 million for July 2006. There were 21 billing days in July 2007 and 20 billing days in July 2006. In July 2007, average daily sales for the corporate sector segment increased 13.7 percent and average daily sales for the public sector segment increased 21.4 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 decreased 17.0 percent in July 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, netcomm products, video and input devices. Product categories exclude Berbee sales. The Company plans to announce August 2007 sales on Wednesday, September 12, 2007. August 2006 had 23 billing days and August 2007 will have 23 billing days. 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, APC, Apple, Cisco, EMC, Fujitsu, HP, IBM, Lenovo, Microsoft, Panasonic, Quantum, Samsung, Sony, Symantec, ViewSonic and Xerox. CDW's direct model offers customers one-on-one relationships with knowledgeable account managers and access to approximately 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 as of June 30, 2007, employed approximately 5,880 coworkers. In 2006, the company generated sales of $6.8 billion. For more information, visit CDW.com. Forward-Looking Statements Statements about the expected timing, completion and effects of the proposed merger between CDW and a subsidiary of VH Holdings, Inc. 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 of financing or the failure to satisfy the remaining 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, and the definitive proxy statement dated July 13, 2007, relating to the special meeting of shareholders that was held on August 9, 2007. 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. Other company and product names may be trademarks of their respective owners.