Market Overview

Worldwide Expansion Continues for Global Technology Distribution Council

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ST. PETERSBURG, Fla., Aug. 23, 2018 (GLOBE NEWSWIRE) -- The Global Technology Distribution Council (GTDC), the largest international consortium of IT distributors, today announced the addition of three new members: TESSCO Technologies, Inc., CMS Distribution and Siewert & Kau. The new members support the GTDC's continued global expansion while further demonstrating the success and growth of distribution worldwide.

"The role of distribution is as important as ever at the center of technology ecosystems," said GTDC CEO Tim Curran, noting that its members' sales exceed more than $150 billion in annual revenue. "Our analysis of aggregate distributor sales reflects strong growth in the U.S. and Europe this year. Vendor partners are engaging in dynamic new ways to advance their business in current and emerging markets. These new GTDC members attest to the trends in action, as they're all highly successful and adept at introducing new services to the channel."

The new members operate in multiple countries, predominantly across North America and Europe as well as the Asia Pacific region. GTDC member benefits range from insights and engagement on key industry issues and opportunities to exclusive resources and participation in executive-level conferences throughout the world. An example is the organization's most popular annual event, GTDC Summit, in San Francisco, Sept. 5-6.

Meeting at the Summit
GTDC Summit brings together the leaders of today's most successful technology distributors, senior management channel leaders of their vendor partners and the industry's most reputable research analysts and database experts. Networking, keynotes and interactive breakout sessions engage vendor and distributor attendees on the trends, challenges and best practices of utmost importance.

"The GTDC provides tremendous access to distribution industry information, trends analysis and channel business connections," commented Murray Wright, president and CEO of TESSCO Technologies, Inc., a Hunt Valley, Md.-based value-added technology distributor specializing in wireless solutions. "I'm looking forward to the upcoming Summit and getting acquainted with other GTDC members and vendor participants. We are striving to advance our leadership position in the wireless industry."

Founded in 1982, Tessco supplies more than 50,000 products from 400 top manufacturers in mobile communications, Wi-Fi, Internet of Things, and more. The GTDC's new members based in Europe and the UK include:

CMS Distribution
CMS Distribution, a London-based channel-focused distributor created in 1988, sells to over 3,000 business-to-business and business-to-consumer reseller partners with locations in the UK and Ireland as well as the Netherlands, Sweden, Spain, France, Australia and China. In 2017, the company acquired award-winning distributor TNS Connect and had sales of over £455 million.

Siewert & Kau
Siewert & Kau is a Bergheim, Germany-based specialist in IT distribution, logistics and services with trading partners in 65 countries. Established in 1994, they have decades of experience with a diverse selection of IT products while delivering a full range of logistics services and solutions expertise in areas ranging from software and marketing to accounting. The company's revenue for its most recent fiscal year surpassed €730 million.

About the GTDC
The Global Technology Distribution Council is the industry consortium representing the world's leading tech distributors. GTDC members drive more than $150 billion in annual worldwide sales of products, services and solutions through diverse business channels. GTDC conferences support the development and expansion of strategic supply-chain partnerships that continually address the fast-changing marketplace needs of vendors, end customers and distributors. GTDC members include AB S.A, ABC Data, Almo Corporation, Arrow Electronics, CMS Distribution, Compuage Infocom Ltd., Computer Gross Italia, D&H Distributing, ELKO, Exclusive Networks, Ingram Micro, Intcomex, Logicom, Siewert & Kau, SiS Technologies, SYNNEX, Tarsus, Tech Data, TESSCO Technologies, Inc., TIM AG and Westcon-Comstor.

GTDC MEDIA CONTACT: 
Chuck Miller (813) 876-0414             
cmiller@commcentric.com 

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