NEW YORK, Aug. 6, 2003 (PRIMEZONE) -- The top brass at Ingram Micro Inc. (NYSE:IM) are not just "business people who run a distribution company," Ingram Micro Inc.'s Executive Vice President, and President of Ingram Micro North America, Kevin Murai told www.wallst.net. "We're all very excited about technology and where technology is headed."
Murai named mobility, software licensing, and high-end storage, as three technologies that he considered "hot trends." He called mobility a "key trend," noting a move toward greater integration of mobile services, and wireless connectivity an key enabler to that. In the commercial software space, Murai said Ingram Micro Inc. has "put together a significant amount of configuration tools to make it easier for our customers to sell different configurations of software licenses, and take advantage of other manufacturers' programs as well." High-end, network attached storage, is a trend that Murai believes will "continue for the next number of years. We're continuing to build the right relationships with the right manufacturers that will lead the pack in terms of growth going forward."
Ingram Micro Inc. reported sales of more than $22 billion last year, and has more than 25,000 customers in the North American market, in any given quarter, Murai said. The company, which is the only full service global distributor of information technology products, and provides supply chain management services, operates globally, with markets in North America, Europe, Latin America and the Asia-Pacific region. "We view our role as being very critical in the overall value chain of how technology products get to market," Murai said.
Second quarter earnings for the company were "a good reflection of a lot of hard work that we've done to secure the business foundation of our company as well as give an insight into how we're progressing along our strategic initiatives," Murai said. He also discussed Ingram Micro's increasing growth margins over the last six-quarters, while many of the company's competitors' growth margins have been declining. "Our aim is to make our vendors more profitable and our customers more valuable by helping them deliver the right solutions to the marketplace."
To hear the entire interview, visit www.wallst.net
About Ingram Micro Inc.
As the world's largest wholesale provider of technology products and supply chain services, Ingram Micro is the best way to get technology from the people who make it to the people who use it.
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