Communications Supply Corporation Acquires Liberty Wire & Cable, Inc.CHICAGO -- Communications Supply Corporation (CSC (Card Security Code) A three- or four-digit number printed on the back of credit cards for security purposes. Called "Card Verification Value" (CVV) by Visa, "Card Validation Code" (CVC) by MasterCard and "Card Identification (CID) by American Express and Discover, ) announced today it recently completed the acquisition of Liberty Wire & Cable, Inc. (Liberty). Liberty, based in Colorado Springs Colorado Springs, city (1990 pop. 281,140), seat of El Paso co., central Colo., on Monument and Fountain creeks, at the foot of Pikes Peak; inc. 1886. It is a year-round resort and a booming military, technological, and commercial city. , CO, is one of the industry's leading providers of connectivity and infrastructure products to both the residential and commercial professional audio/video markets. The acquisition gives CSC a strong global platform within the burgeoning residential and commercial audio, video and broadcast market segments -- rounding out a complete product portfolio that supports network convergence; voice, data, security, and now audio and video solutions. This transaction brings the number of CSC full-service branch locations across the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. to thirty-two. Liberty distribution centers in Colorado and North Carolina North Carolina, state in the SE United States. It is bordered by the Atlantic Ocean (E), South Carolina and Georgia (S), Tennessee (W), and Virginia (N). Facts and Figures Area, 52,586 sq mi (136,198 sq km). Pop. will continue to service Liberty customers globally. Liberty, led by Andy Bergdoll, President and General Manager, will continue to operate under its current management team. Mr. Bergdoll and the Liberty management team have made a significant equity investment in CSC. "I am very bullish Bullish Word used to describe an investor's attitude. Bullish refers to an optimistic outlook, while bearish means a pessimistic outlook. bullish about the future growth opportunities for the Liberty Team as we provide their outstanding sales organization access to the CSC nationwide distribution network," explains Steve Riordan, President and Chief Executive Officer of CSC. "Both CSC and Liberty share the same passion for providing world-class customer service while also maintaining highly spirited and entrepreneurial cultures," noted Andy Bergdoll. "Our customers will continue to be supported by the same highly motivated mo·ti·vate tr.v. mo·ti·vat·ed, mo·ti·vat·ing, mo·ti·vates To provide with an incentive; move to action; impel. mo and customer focused team they've grown to depend on with the added national resources that CSC provides. The combination of CSC and Liberty will enhance our collective ability to expand our market share within our core segments." About Communications Supply Corporation Founded in 1972, Communications Supply Corporation is a leading distributor of low voltage Low voltage is an electrical engineering term that broadly identifies safety considerations of an electricity supply system based on the voltage used. While different definitions exist for the exact voltage range covered by "low voltage", the most commonly used ones include "mains network infrastructure and industrial wire and cable products. Through a network of 32 branches, more than 900 associates and local inventory in excess of $90 million, CSC distributes a full range of products to support advanced connectivity for voice and data communications data communications, application of telecommunications technology to the problem of transmitting data, especially to, from, or between computers. In popular usage, it is said that data communications make it possible for one computer to "talk" with another. , access control, security surveillance, building automation, residential and commercial audio, video and broadcast distribution, life safety systems, electrical construction and manufacturing for commercial, residential and government customers. CSC is recognized for delivering measurable value and outstanding support to its customers and suppliers alike. Vast application expertise makes CSC an unbiased knowledge resource for product information, documentation and training. For more information on CSC please visit www.gocsc.com. |
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