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PC Mall Gov Acquires Products Business from GMRI.


CHANTILLY, Va. -- PC Mall Gov, Inc., a wholly owned subsidiary Wholly Owned Subsidiary

A subsidiary whose parent company owns 100% of its common stock.

Notes:
In other words, the parent company owns the company outright and there are no minority owners.
 of PC Mall, Inc. (Nasdaq:MALL) announced today that it has acquired the products business from Government Micro Resources, Inc. (GMRI GMRI Government Micro Resources Inc (Manassas, VA) ), a government reseller An organization that sells hardware and software to the general public. Resellers purchase products from software publishers and hardware manufacturers.  of high-technology products including Sun Microsystems Sun Microsystems, Inc. (NASDAQ: JAVA[3]) is an American vendor of computers, computer components, computer software, and information-technology services, founded on 24 February 1982. , 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) , Saba, and Apple. The business, which was acquired through a wholly owned subsidiary for cash of $3.25 million, includes product business assets and contracts. PC Mall Gov has hired certain employees of GMRI who were associated with GMRI's products business. Through the first eight months of 2006, GMRI's records of its products business reflected approximately $43 million in sales.

"We are excited about our acquisition of GMRI's products business. The acquisition expands our footprint in the government marketplace and further enhances the breadth of products we sell to include Sun," said Alan Bechara, President of PC Mall Gov. "The acquisition complements PC Mall Gov's existing business and should provide us with the opportunity to leverage PC Mall Gov's strengths across GMRI's experienced sales organization. Exceptional service, broad product selection and high speed delivery of products at competitive prices have been hallmarks of PC Mall Gov. These strengths can now be added to GMRI's solution focused value proposition."

About PC Mall Gov

PC Mall Gov, Inc., headquartered in Chantilly, Virginia Chantilly is an unincorporated community located in western Fairfax County and southeastern Loudoun County of Northern Virginia. Recognized by the U.S. Census Bureau as a census designated place (CDP), the community population was 41,041 as of the 2000 census. , is a rapid response supplier of technology solutions for government and educational institutions. PC Mall Gov offers 125,000 different products from companies such as Compaq, Microsoft, Apple, IBM and Hewlett-Packard. The company makes these products available to federal agencies, state and local governments and educational customers on a variety of contracts as well as through open market and procurement The fancy word for "purchasing." The procurement department within an organization manages all the major purchases.  card purchases. PC Mall Gov, Inc. is a wholly owned subsidiary of PC Mall, Inc.

This press release contains 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.
 within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements include the statements regarding PC Mall Gov's expectations, hopes or intentions regarding the future, including but not limited to statements regarding the company's ability to leverage the Company's strengths in exceptional service, broad product selection and high speed delivery of products at competitive prices. Forward-looking statements involve certain risks and uncertainties, and actual results may differ materially from those discussed in any such statement. There can be no assurance that the company will receive any sales or any specified amount of sales or profits from the acquired assets. Among the factors that could cause actual results to differ materially are the following: the company may not be able to successfully integrate the operations related to the acquired assets into the company; the company may not be able to retain the contracts that the company acquired in the future; the company may be unable to retain necessary GMRI employees to successfully operate the products business; variations in government funding could cause sales under the acquired contracts to be less than expected; availability of third party suppliers at reasonable prices; continuation of vendor contracts including Sun; there can be no certainty that the government entities will consent to the assignment of the acquired contracts. Additional factors that could cause actual results to differ are discussed under the heading "Risk Factors" and in other sections of PC Mall's public reports filed with the Securities and Exchange commission, including its Form 10-Q Form 10-Q

See 10-Q.
 filed for the quarter ended June 30, 2006. All forward-looking statements in this document are made as of the date hereof here·of  
adv.
Of this.


hereof
Adverb

Formal or law of or concerning this

Adv. 1. hereof - of or concerning this; "the twigs hereof are physic"
, based on information available to the company as of the date hereof, and the company assumes no obligation to update any forward-looking statement.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Sep 8, 2006
Words:602
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