CDW's Average Daily Sales Increase 11.9 Percent in January 2007.VERNON HILLS Vernon Hill II (born circa 1946) is the founder and former chairman, president, and chief executive officer of Commerce Bancorp and Commerce Bank of Cherry Hill Township, New Jersey. , Ill. -- CDW CDW - data warehouse Corporation (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : CDWC CDWC Computer Discount Warehouse (stock symbol) ), a leading provider of technology products and services to business, government and education, today announced average daily sales for January 2007 were $27.393 million, an increase of 11.9 percent compared to average daily sales of $24.474 million for January 2006. Total sales for January 2007 were $602.6 million, an increase of 17.3 percent compared to total sales of $513.9 million for January 2006. There were 22 billing days in January 2007 and 21 billing days in January 2006. As previously announced, CDW completed the acquisition of Berbee Information Networks Corporation on October 11, 2006. January 2006 sales do not include Berbee sales, while January 2007 sales include Berbee sales. Excluding Berbee sales in January 2007, and therefore on a non-GAAP basis, CDW's average daily sales for January 2007 were $25.880 million, an increase of 5.7 percent compared to average daily sales for January 2006 of $24.474 million. Excluding Berbee sales in January 2007, and therefore on a non-GAAP basis, total sales for January 2007 were $569.4 million, an increase of 10.8 percent compared to total sales of $513.9 million for January 2006. Average daily sales for the public sector segment increased 10.8 percent and average daily sales for the corporate sector segment increased 3.9 percent compared to the prior year period. Public sector and corporate sector sales exclude Berbee sales. Product categories that achieved the strongest year-over-year unit volume growth for the month on an average daily basis included: notebook computers A laptop computer that weighs in a range from five to seven pounds. The term originated when laptops were routinely more than 10 pounds, and those that became lighter were placed in a special "notebook" category. In practice, notebook computer and laptop computer are synonymous. , server CPUs, data storage, netcomm products, video and input devices. Product categories exclude Berbee sales. The Company plans to announce February 2007 sales on Friday, March 9, 2007. February 2006 had 20 billing days and February 2007 will have 20 billing days. Forward Looking Statement Any forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. contained in this release are based on the Company's beliefs and expectations as of the date of this release and are subject to certain risks and uncertainties which may have a significant impact on the Company's business, operating results or financial condition. Should any risk or uncertainty materialize ma·te·ri·al·ize v. ma·te·ri·al·ized, ma·te·ri·al·iz·ing, ma·te·ri·al·iz·es v.tr. 1. To cause to become real or actual: By building the house, we materialized a dream. , or should underlying assumptions prove incorrect, actual results or outcomes may vary materially from those described in forward-looking statements. Factors affecting the Company's business and prospects are discussed in the Company's filings with the Securities and Exchange Commission. About CDW CDW[R], ranked No. 343 on the FORTUNE 500, is a leading provider of technology solutions for business, government and education. CDW is a principal source of technology products and services including top name brands such as Acer Acer trees of the family Aceraceae. Acer rubrum ingestion of wilted or dries leaves of this tree causes acute hemolytic anemia characterized by red urine, jaundice, anemia and methemoglobinemia in horses. , Adobe, Apple, Cisco, Fujitsu, HP, IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) , Lenovo, Microsoft, Panasonic, Quantum, Samsung, Sony, Symantec and ViewSonic. CDW's direct model offers customers one-on-one relationships with knowledgeable account managers and access to more than 760 on-staff engineers and advanced technology specialists who customize solutions for customers' complex technology needs. CDW also provides same-day product shipping and post-sales technical support. CDW was founded in 1984 and employs approximately 5,480 coworkers. In 2006, the company generated sales of $6.8 billion. For more information, visit CDW.com. For more information about CDW: Visit CDW on the Internet at http://www.cdw.com. Contact CDW Investor Relations Investor relations The process by which the corporation communicates with its investors. via the Internet at investorrelations@cdw.com or by telephone at 847-419-6328. CDW is a registered trademark and CDW@work is a trademark of CDW Corporation. Other company and product names may be trademarks of their respective owners. |
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