SANTA ANA, Calif.,
Feb. 24, 2013 /PRNewswire/ -- Ingram Micro Inc. (NYSE:
IM), the world's largest technology distributor and a global leader
in IT supply-chain and logistics solutions, today debuted a new
business unit, Ingram Micro Mobility, at Mobile World Congress in
Barcelona, Spain. The new
group combines Ingram Micro's existing mobile group with
BrightPoint, a leading provider of device lifecycle services, which
was acquired by Ingram Micro on October
15, 2012. The combined capabilities and reach of both
companies position Ingram Micro as the leading global provider of
technology and mobility services and products, providing current
and prospective customers with access to new manufacturers and
solutions.
Ingram Micro Mobility offers a complete end-to-end solution for
the lifecycle of mobile devices – moving mobile products from
manufacturing, providing customization services, fulfilling through
all channels (retail, company store, indirect dealer and directly
to an end-user), managing transportation and logistics, and
providing complete integrated reverse and recover services. The
group's solutions support moving and selling mobility products
through markets across the globe with a single, highly-integrated
partner.
"Ingram Micro's acquisition of BrightPoint marked an important
milestone for both companies, but today highlights an even more
significant milestone for our customers and vendors who now have
access to the broadest portfolio of mobility and converged
technology products and the most comprehensive suite of supply
chain solutions for mobile devices," said Alain Monié,
president and CEO of Ingram Micro. "Ingram Micro Mobility is
at the center of the flow of products and commerce within the
mobility industry, helping us achieve our vision to anticipate
demand and create connections between manufacturers, retailers and
carriers, while helping to enable the convergence of IT and
mobility."
The new Ingram Micro Mobility group provides significant
benefits for legacy Ingram Micro and BrightPoint customers,
resellers, vendors, OEMs and carriers/networks, including:
- Ingram Micro Mobility vendors can further optimize their supply
chains with BrightPoint's expertise in device lifecycle
services.
- BrightPoint product vendors can gain access to new selling
channels as BrightPoint's product portfolio is cross-sold into
Ingram Micro's sales channels.
- New markets – including Vietnam, Philippines, South
Africa, China, Hong Kong, France, Latin
America and Canada – can
access Ingram Micro's and BrightPoint's joint capabilities.
- BrightPoint's best-in-class reverse logistics and device
recovery capabilities are now available to Ingram Micro
customers.
For more information on Ingram Micro and the new
Ingram Micro Mobility, visit www.ingrammicro.com and
www.ingrammicro.com/mobility. To learn, see and hear more
about Ingram Micro online, follow us
on Facebook at www.facebook.com/IngramMicro; Twitter
at www.twitter.com/IngramMicroInc; and YouTube at
http://www.youtube.com/user/ingrammicroinc.
Cautionary Statement for the Purpose of the Safe Harbor
Provisions of the Private Securities Litigation Reform Act of
1995
The matters in this press release that are forward-looking
statements are based on current management expectations. Certain
risks may cause such expectations to not be achieved and, in turn,
may have a material adverse effect on Ingram Micro's business,
financial condition and results of operations. Ingram
Micro disclaims any duty to update any forward-looking
statements. Important risk factors that could cause actual results
to differ materially from those discussed in the forward-looking
statements include, without limitation: (1) we have made and expect
to continue to make investments in new businesses and initiatives,
including acquisitions, which could disrupt our business and have
an adverse effect on our operating results; (2) we are dependent on
a variety of information systems, which, if not properly
functioning, or unavailable, could adversely disrupt our business
and harm our reputation and earnings; (3) changes in macro-economic
conditions may negatively impact a number of risk factors which,
individually or in the aggregate, could adversely affect our
results of operations, financial condition and cash flows; (4) we
continually experience intense competition across all markets for
our products and services; (5) we operate a global business that
exposes us to risks associated with conducting business in multiple
jurisdictions; (6) our failure to adequately adapt to IT industry
changes could negatively impact our future operating results; (7)
terminations of a supply or services agreement or a significant
change in supplier terms or conditions of sale could negatively
affect our operating margins, revenue or the level of capital
required to fund our operations; (8) substantial defaults by our
customers or the loss of significant customers could have a
negative impact on our business, results of operations, financial
condition or liquidity; (9) changes in, or interpretations of, tax
rules and regulations, changes in the mix of our business amongst
different tax jurisdictions, and deterioration of the performance
of our business may adversely affect our effective income tax rates
or operating margins and we may be required to pay additional taxes
and/or tax assessments, as well as record valuation allowances
relating to our deferred tax assets; (10) changes in our credit
rating or other market factors such as adverse capital and credit
market conditions or reductions in cash flow from operations may
affect our ability to meet liquidity needs, reduce access to
capital, and/or increase our costs of borrowing; (11) failure to
retain and recruit key personnel would harm our ability to meet key
objectives; (12) we cannot predict with certainty what loss we
might incur as a result of litigation matters and contingencies
that we may be involved with from time to time; (13) we may incur
material litigation, regulatory or operational costs or expenses,
and may be frustrated in our marketing efforts, as a result of
environmental regulations or private intellectual property
enforcement disputes; (14) we face a variety of risks in our
reliance on third-party service companies, including shipping
companies for the delivery of our products and outsourcing
arrangements; (15) changes in accounting rules could adversely
affect our future operating results; and (16) our quarterly results
have fluctuated significantly. We also face a variety of risks
associated with our recently completed acquisition of Brightpoint,
Inc., Aptec and Promark, including: management's ability to
execute its plans, strategies and objectives for future operations,
including the execution of integration plans; growth of the
mobility industry, the government contracts business, and in new
and untapped markets in geographies outside the U.S.; and
other uncertainties or unknown, underestimated and/or undisclosed
commitments or liabilities; and our ability to achieve the
expected benefits and manage the costs of the integrations of
recent acquisitions.
Ingram Micro has instituted in the past and continues to
institute changes to its strategies, operations and processes to
address these risk factors and to mitigate their impact
on Ingram Micro's results of operations and financial
condition. However, no assurances can be given that Ingram
Micro will be successful in these efforts. For a further
discussion of significant factors to consider in connection with
forward-looking statements concerning Ingram Micro, reference
is made to Item 1A Risk Factors of Ingram Micro's Annual
Report on Form 10-K for the fiscal year ended Dec. 31, 2011,
and Form 10-Q for the fiscal quarter ended Sept. 29, 2012;
other risks or uncertainties may be detailed from time to time
in Ingram Micro's future SEC filings.
About Ingram Micro Inc.
Ingram Micro is the
world's largest wholesale technology distributor and a global
leader in IT supply-chain, mobile device lifecycle services and
logistics solutions. As a vital link in the technology value
chain, Ingram Micro creates sales and profitability
opportunities for vendors and resellers through unique marketing
programs, outsourced logistics and mobile solutions, technical
support, financial services and product aggregation and
distribution. The company is the only global broad-based IT
distributor, serving 145 countries on six continents with the
world's most comprehensive portfolio of IT products and services.
Visit www.ingrammicro.com.
About Ingram Micro Mobility
Ingram Micro Mobility is
a leading provider of device lifecycle services - with the ability
to provide complete lifecycle capabilities from basic warehousing
to software loading, order and accounts receivable management,
end-user fulfillment, and reverse logistics, which includes
services from repair to refurbishment and recycling of wireless
devices.
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Micro Inc.
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SOURCE Ingram Micro Inc.