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Avnet Hall-Mark Achieves Record Growth in HP Enterprise Market.


Business Editors, High-Tech Writers

TEMPE, Ariz.--(BUSINESS WIRE)--Nov. 13, 2002

Avnet Hall-Mark has achieved record growth as an HP Partner Demand Manager, further strengthening Avnet Hall-Mark's leading enterprise partner position with the new HP.

Some of the growth can be attributed to new customers, but the majority comes from existing value-added resellers A value-added reseller (VAR) is a company that adds some feature(s) to an existing product(s), then resells it (usually to end-users) as an integrated product or complete "turn-key" solution.  (VARs) who have leveraged the expertise and services provided by Avnet Hall-Mark. "Avnet Hall-Mark helped my company see immediate success with HP when we joined their forces as Virtus Partners," said John Connolly John Connolly is the name of:
  • John Connolly (bishop) (1750–1825), second bishop of New York
  • John Connolly (loyalist) (c. 1743–1813), doctor from Pennsylvania, agent of Lord Dunmore, active during the American Revolution
, co-managing partner, Virtus Partners. "I have been with other VAR firms that were partnered with Hall-Mark for over 10 years, and they continue to help us outperform Outperform

An analyst recommendation meaning a stock is expected to do slightly better than the market return.

Notes:
Exact definitions vary by brokerage, but in general this rating is better than neutral and worse than buy or strong buy.
 our competition."

Avnet Hall-Mark partnered with HP to launch a suite of integrated channel programs that include training, lead generation and a comprehensive collection of sales tools. These programs are designed to arm VARs with the resources they need to find and close new business for HP in the mid-market.

"By consistently delivering value to our customers, Avnet Hall-Mark has been able to out-perform the marketplace," said Tony Vottima, general manager and vice president, HP Business Unit, Avnet Hall-Mark. "I'm proud that we have been able to help our VARs grow their businesses during a down cycle in the economy. We will continue to use our channel expertise to develop new opportunities for both our resellers and HP."

According to Jim According to Jim is an American situation comedy television series originally broadcast by ABC. The show premiered with little publicity in October 2001, following the surprise hit comedy My Wife and Kids.  Milton, managing director, Americas and senior vice president, Enterprise Systems Group for HP, "HP has a very long-standing and trusted partner in Avnet Hall-Mark. HP looks to Hall-Mark to provide innovative channel services that maximize our reselling partners' ability to succeed in the mid-market. These partners are key to growing sales and market share for HP."

About Avnet Hall-Mark

Headquartered in Tempe, Avnet Hall-Mark is an industry-leading, value-added distributor of enterprise servers, storage, software and services, marketing exclusively to the reseller An organization that sells hardware and software to the general public. Resellers purchase products from software publishers and hardware manufacturers.  channel.

Avnet Hall-Mark is a division of the $2.4 billion Avnet Computer Marketing operating group of Avnet Inc. (NYSE NYSE

See: New York Stock Exchange
:AVT AVT

avian arginine vasotocin. See vasotocin.
), one of the world's largest technology marketing and services companies. Avnet's sales for fiscal 2002 (year ended June 30) were $8.9 billion. For more information about Avnet Hall-Mark, visit: www.hallmark hallmark, mark impressed on silverwork or goldwork to signify official approval of the standard of purity of the metal, also called plate mark. The hallmark was introduced by statute in England in 1300 and enforced by the Goldsmiths' Hall, London. .avnet.com.
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Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Nov 13, 2002
Words:370
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