MONTREAL, CANADA — (Marketwired) — 10/17/13 — Hartco Distribution Limited Partnership (“Hartco Distribution”), a wholly owned subsidiary of Hartco Inc. (TSX: HCI) announced today a strategic partnership with Tech Data Canada Corporation (“Tech Data”) to provide logistics services to Hartco Distribution-s network of IT solution providers across Canada .
Hartco Distribution-s decision to outsource logistics to Tech Data reflects the company-s focus on improving service levels and enhancing operational performance. Hartco Distribution will now focus exclusively on franchising activities, including business development and marketing activities to enable and support the profitable growth of MicroAge® locations from coast to coast.
“The ability to leverage Tech Data-s state of the art distribution facilities, significant inventory position and rapid delivery will enhance our service levels and help us adapt our business model to emerging market trends”, said Maurice Iulianella, Vice President, Hartco Distribution. “Tech Data-s advanced logistics capabilities and the proven ability to integrate technology, people and processes into best-in-class logistics solutions were key factors in our decision to partner with Tech Data.”
“We are delighted to form a strategic logistics partnership with Hartco Distribution to service MicroAge and Metafore locations across Canada”, said Rick Reid, Tech Data Canada-s president. “The trust and confidence demonstrated by Hartco Distribution reinforces our position as one of the leading distributors of technology products, services and solutions in Canada.”
About Distribution LP
Hartco Distribution Limited Partnership (“Hartco Distribution”) operates a network of independently owned franchisees that sell a broad range of information technology solutions to private and public sector organizations of every size across Canada. Franchises operate under the banner of MicroAge®, which includes 39 locations from coast to coast.
Hartco Inc. (TSX: HCI) has been a leader in the Canadian information technology business for more than thirty years. Through its operating divisions, which together include close to 50 locations across Canada, Hartco Inc. delivers information technology solutions to private and public sector organizations of every size. For more information, please visit .
About Tech Data Canada Corporation
Tech Data Canada Corporation, established in 1989, is a wholly owned subsidiary of Tech Data Corporation, servicing over 5,000 technology resellers and solution providers across the country. Tech Data Canada combines the strength and stability of a global organization with focus and attention on the Canadian IT market.
Tech Data Corporation (Nasdaq: TECD) is one of the world-s largest wholesale distributors of technology products, services and solutions. Its advanced logistics capabilities and value added services enable 120,000 resellers in more than 100 countries to efficiently and cost effectively support the diverse technology needs of end users.
Forward-Looking Statements
This news release contains forward-looking information. Such statements are subject to assumptions, risk and uncertainty, including those discussed in our filings with Sedar. Actual results or events may vary materially. We do not undertake any obligation to publicly update any forward-looking statements, whether as a result of new information, future events, or otherwise.
Contacts:
Patrick Waid
President and Chief Operating Officer
Hartco Inc.
514-354-3810
For Investor Relations please contact:
Michael Lemieux
Chief Financial Officer
Hartco Inc.
514-354-3810
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