InvestorSoup.com Issues Technical Trading Outlook for Tech Data Corp.

DALLAS, Nov. 25, 2009 (GLOBE NEWSWIRE) -- InvestorSoup.com announces an investment report featuring Tech Data Corp. TECD. The report includes financial, comparative and investment analyses, and pertinent industry information you need to know to make an educated investment decision.

The investment report on Tech Data Corp. TECD should be of particular interest to other computer hardware manufacturers: Ingram Micro Inc. IM, SYNNEX Corp. SNX and Jaco Electronics Inc. JACO.

It is available at: http://www.investorsoup.com/lp/TECD

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Tech Data Corp. (TECD) is a distributor of information technology (IT) products, logistics management and other value-added services worldwide. The Company serves more than 125,000 value-added resellers (VARs), direct marketers, retailers and corporate resellers in more than 100 countries throughout North America, Latin America and Europe. It serves two primary geographic markets: the Americas (including North America and Latin America) and Europe.

Message Board Search for TECD: http://www.boardcentral.com/boards/TECD

In the report, the analyst notes:

"Net sales in the Americas (including North America and Latin America) were $2.46 billion, or 44% of worldwide net sales, representing a decrease of 10.9% over the prior-year third quarter. Net sales in Europe totaled $3.18 billion, or 56% of worldwide net sales, representing a decrease of 5.7% (9.0% decrease on a euro basis) over the prior-year third quarter. The decline in net sales in both regions was attributable to the softened demand environment.

"TECD earlier this month announced Open Tech, a new channel for open source independent software vendors (ISVs) to market and sell their solutions to thousands of resellers nationwide. TECD previewed Open Tech last month during its 2009 Vendor Partner Summit, and the company introduced the initiative to nearly 250 small and medium business (SMB) resellers attending the TechSelect Partner Conference in Orlando last week. Open Tech builds upon TECD's extensive experience supporting open source leaders like Novell and Red Hat."

To read the entire report visit: http://www.investorsoup.com/lp/TECD

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