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Press Room : In the News
For Immediate Release Wavetrend Signs Distribution Agreement with Tech Data Fairfax, Va. – 10 September, 2007 – Wavetrend, a world leader in the deployment of Active RFID solutions, today announced a partnership with Tech Data Corporation (NASDAQ GS:TECD), a leading distributor of IT products. Under the terms of the agreement, Tech Data will have distribution rights to Wavetrend's portfolio of Active RFID products in the United States, its territories and possessions, Mexico and Canada. The distribution agreement will help Wavetrend meet the increasing demand for its Active RFID products within this territory. "With this agreement, Accredited Channel Partners will now be able to source Wavetrend Active RFID products from a world-class distributor with six distribution centers across the U.S.," said Saleem Miyan, Wavetrend's Vice President of Worldwide Sales, Marketing and Professional Services. “With more than 1500 installations of our technology across North America, the prospect of being able to offer Tech Data’s services to our solutions partners is very exciting and we are delighted by the formalization of this relationship” added Miyan. The partnership will leverage Wavetrend's more than 2,500 worldwide customer installations and Tech Data's network of reseller customers, and will offer Wavetrend the opportunity to expand into new markets and new application areas. Wavetrend's Accredited Channel Partners will realize benefit from increased product availability, competitive pricing, and contract standardization, as well as through Wavetrend and Tech Data joint marketing initiatives. “Tech Data is excited about our relationship with Wavetrend and will work closely with them to ensure resellers have access to the products, channel programs and technical expertise they can leverage to develop a wide array of Active RFID solutions,” said Chuck Bartlett, Tech Data’s vice president, Networking Product Marketing. “Tech Data is constantly expanding our solutions offering, and the addition of Wavetrend products enables our customers to capitalize on this emerging technology.” Jim Fehr, Wavetrend’s Director of Sales for the Americas and Canada added, "As our business continues its significant growth in North America, our partnership with Tech Data will allow us to concentrate on providing first-class pre- and post-sales support to our Accredited Channel Partner’s [ACP’s] and their end user customers. Tech Data’s assumption of all order fulfillment processes will provide the Americas team increased opportunity to focus on building strategic alliances, and increasing our network of high quality ACP’s and Certified Resellers to better serve the Active RFID end user community.” About Tech Data About Wavetrend |
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