Daisytek Targets New Customer Channels to Fuel Continued Growth
(EMAILWIRE.COM, December 13, 2000 ) Consumers Seek Computer Supplies at Familiar Retailers; Daisytek Capitalizes on Trend Consumers no longer rely solely on office products stores for computer supplies such as toner and inkjet cartridges, and diskettes. Channels such as drug, grocery, dot-com and warehouse retailers, have established themselves as sources for these consumable products, and Daisytek International Corporation (Nasdaq: DZTK) has capitalized on this trend.
With technology prices continuing to fall, more people than ever own a computer system and they are buying supplies where they already shop - the convenience retail channel. Daisytek, a $1 billion leader in the wholesale distribution of computer and office supplies, has targeted this channel to fuel its continued growth.
"With hardware prices declining many more home computers are in use, primarily for education and entertainment," said Jim Powell, Daisytek's president and CEO. "Consumer buying habits have changed the way computer supplies - a $23 billion-a-year market - are being sold. These computer owners don't go to traditional computer supplies dealers for their needs; they buy supplies where they are accustomed to shopping - their neighborhood grocery or drug store. Consumers want selection and convenience, and Daisytek is helping retailers offer both when it comes to office and computer consumables."
Daisytek serves more than 40 national food and drug retailers and recently added Albertson's,
Eckerd's and Kroger to its list of outlets helping make computer supplies available throughout
America's neighborhoods. The company also helps H.E.B Grocery, Publix, Meijer, Walgreens,
CVS/pharmacy, Longs Drug Stores, Safeway, Shopko and Pamida sell consumable supplies in more than 15,000 retail locations.
"Our marketing efforts will be targeted over the coming year to drive consumer awareness that
computer supplies are now available on every corner," Powell said.
"Daisytek's advantage is our turnkey approach to managing the entire category of computer
supplies on behalf of our retail partners. We have an unbiased view of the product set, so we make sure to get the retailers in and out of the right products at the right time," said Bill Pardee, director of sales for the convenience channel. "Daisytek offers retailers a full spectrum of distribution options and innovative programs such as Web site and toll-free telephone options to enhance their sales and customer service."
Original equipment manufacturers (OEMs) also benefit from Daisytek's attention to this important
customer channel. "Daisytek gives manufacturers the ability to tap into a growing retail market with little investment on their part while giving them access to retailers to exchange industry, product and brand data," Pardee said. "We also facilitate funding and advertising programs between the manufacturer and retailer, often increasing the manufacturer's ad ROI by creating `family ad' layouts. These groupings of products promote the retailer's category and OEM's brand in multi-manufacturer ad concepts."
In addition to grocery and drug stores, Daisytek is selectively serving more than 180 Internet
commerce companies including Amazon.com, Enpoint.com, Gigabuys by Dell, Insight.com,
Multiplezones.com, PcMall.com, SiberanOutpost.com and Staples.com. Daisytek, through its
VirtualDemand division, also provides unique demand-generation activities for such warehouse
retailers as Sam's Club, Costco Wholesale and BJ's Wholesale.
"The convenience, dot-com and consumer products channels have lead to the development of new ways of working with retailers to get consumable computer and office supplies to the consumer," Powell said. "As the market has changed, Daisytek has applied its innovative marketing skills to adapt to that change. We're excited to have so many retailers respond to this opportunity to add products to serve their customers and to generate profits for the retail channel and for Daisytek."
About Daisytek
Daisytek is a leading distributor of computer supplies, office products, and tape and film media.
Serving customers in more than 50 countries, Daisytek distributes almost 20,000 products from more than 150 manufacturers. Daisytek is headquartered in Allen, Texas, and maintains sales and distribution centers in the United States, Australia, Canada and Mexico. Daisytek is a registered trademark of Daisytek, Incorporated. All rights reserved. This news release and more information about Daisytek are available at www.daisytek.com.
The matters discussed in this news release contain both historical and forward-looking statements. All statements other than statements of historical fact are, or may be deemed to be, forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Act of 1934, as amended. You can identify these statements by the fact that they do not relate strictly to historical or current facts, but rather reflect our current expectations concerning future results and events. Forward-looking statements relating to such matters as our financial condition and operations are based on our management's current intent, belief or expectations regarding our industry or us. These forward-looking statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. In addition, some forward-looking statements are based upon assumptions as to future events that may not prove to be accurate. Therefore, actual outcomes and results may differ materially from what is expected or forecasted in such forward-looking statements. We undertake no obligation to update publicly any forward-looking statement for any reason, even if new information becomes available or other events occur in the future.
Certain factors, including but not limited to, general economic conditions, industry trends, the loss of key suppliers or customers, the loss of strategic product shipping relationships, customer demand, product availability, competition (including pricing and availability), risks inherent in acquiring, integrating and operating new businesses, concentrations of credit risk, distribution efficiencies, capacity constraints, technological difficulties, exchange rate fluctuations, and the regulatory and trade environment (both domestic and foreign) could cause our actual results to differ materially from the anticipated results or other expectations expressed in our forward looking statements. There may be additional risks that we do not currently view as material or that are not presently known.
A description of these factors, as well as other factors which could affect the Daisytek business, is set forth in Daisytek's 10-K for the fiscal year ended March 31, 2000.
--30--mjr/da*
CONTACT: Daisytek International
Jim Powell, 972/881-4700
President and CEO
jpowell@daisytek.com
or
Michael A. Burns & Associates
Craig McDaniel, 214/521-8596 or 214/616-7186 mobile
APR
cmcdaniel@mbapr.com
With technology prices continuing to fall, more people than ever own a computer system and they are buying supplies where they already shop - the convenience retail channel. Daisytek, a $1 billion leader in the wholesale distribution of computer and office supplies, has targeted this channel to fuel its continued growth.
"With hardware prices declining many more home computers are in use, primarily for education and entertainment," said Jim Powell, Daisytek's president and CEO. "Consumer buying habits have changed the way computer supplies - a $23 billion-a-year market - are being sold. These computer owners don't go to traditional computer supplies dealers for their needs; they buy supplies where they are accustomed to shopping - their neighborhood grocery or drug store. Consumers want selection and convenience, and Daisytek is helping retailers offer both when it comes to office and computer consumables."
Daisytek serves more than 40 national food and drug retailers and recently added Albertson's,
Eckerd's and Kroger to its list of outlets helping make computer supplies available throughout
America's neighborhoods. The company also helps H.E.B Grocery, Publix, Meijer, Walgreens,
CVS/pharmacy, Longs Drug Stores, Safeway, Shopko and Pamida sell consumable supplies in more than 15,000 retail locations.
"Our marketing efforts will be targeted over the coming year to drive consumer awareness that
computer supplies are now available on every corner," Powell said.
"Daisytek's advantage is our turnkey approach to managing the entire category of computer
supplies on behalf of our retail partners. We have an unbiased view of the product set, so we make sure to get the retailers in and out of the right products at the right time," said Bill Pardee, director of sales for the convenience channel. "Daisytek offers retailers a full spectrum of distribution options and innovative programs such as Web site and toll-free telephone options to enhance their sales and customer service."
Original equipment manufacturers (OEMs) also benefit from Daisytek's attention to this important
customer channel. "Daisytek gives manufacturers the ability to tap into a growing retail market with little investment on their part while giving them access to retailers to exchange industry, product and brand data," Pardee said. "We also facilitate funding and advertising programs between the manufacturer and retailer, often increasing the manufacturer's ad ROI by creating `family ad' layouts. These groupings of products promote the retailer's category and OEM's brand in multi-manufacturer ad concepts."
In addition to grocery and drug stores, Daisytek is selectively serving more than 180 Internet
commerce companies including Amazon.com, Enpoint.com, Gigabuys by Dell, Insight.com,
Multiplezones.com, PcMall.com, SiberanOutpost.com and Staples.com. Daisytek, through its
VirtualDemand division, also provides unique demand-generation activities for such warehouse
retailers as Sam's Club, Costco Wholesale and BJ's Wholesale.
"The convenience, dot-com and consumer products channels have lead to the development of new ways of working with retailers to get consumable computer and office supplies to the consumer," Powell said. "As the market has changed, Daisytek has applied its innovative marketing skills to adapt to that change. We're excited to have so many retailers respond to this opportunity to add products to serve their customers and to generate profits for the retail channel and for Daisytek."
About Daisytek
Daisytek is a leading distributor of computer supplies, office products, and tape and film media.
Serving customers in more than 50 countries, Daisytek distributes almost 20,000 products from more than 150 manufacturers. Daisytek is headquartered in Allen, Texas, and maintains sales and distribution centers in the United States, Australia, Canada and Mexico. Daisytek is a registered trademark of Daisytek, Incorporated. All rights reserved. This news release and more information about Daisytek are available at www.daisytek.com.
The matters discussed in this news release contain both historical and forward-looking statements. All statements other than statements of historical fact are, or may be deemed to be, forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Act of 1934, as amended. You can identify these statements by the fact that they do not relate strictly to historical or current facts, but rather reflect our current expectations concerning future results and events. Forward-looking statements relating to such matters as our financial condition and operations are based on our management's current intent, belief or expectations regarding our industry or us. These forward-looking statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. In addition, some forward-looking statements are based upon assumptions as to future events that may not prove to be accurate. Therefore, actual outcomes and results may differ materially from what is expected or forecasted in such forward-looking statements. We undertake no obligation to update publicly any forward-looking statement for any reason, even if new information becomes available or other events occur in the future.
Certain factors, including but not limited to, general economic conditions, industry trends, the loss of key suppliers or customers, the loss of strategic product shipping relationships, customer demand, product availability, competition (including pricing and availability), risks inherent in acquiring, integrating and operating new businesses, concentrations of credit risk, distribution efficiencies, capacity constraints, technological difficulties, exchange rate fluctuations, and the regulatory and trade environment (both domestic and foreign) could cause our actual results to differ materially from the anticipated results or other expectations expressed in our forward looking statements. There may be additional risks that we do not currently view as material or that are not presently known.
A description of these factors, as well as other factors which could affect the Daisytek business, is set forth in Daisytek's 10-K for the fiscal year ended March 31, 2000.
--30--mjr/da*
CONTACT: Daisytek International
Jim Powell, 972/881-4700
President and CEO
jpowell@daisytek.com
or
Michael A. Burns & Associates
Craig McDaniel, 214/521-8596 or 214/616-7186 mobile
APR
cmcdaniel@mbapr.com
Contact Information:
Daisytek International
Joseph Nchor
Tel:
Email us
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
Daisytek International
Joseph Nchor
Tel:
Email us
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
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