Western Micro Technology appoints Von Gehr International financial adviser, plans acquisitions.CAMPBELL, Calif.--(BUSINESS WIRE)--Aug. 30, 1995--Western Micro Technology Inc. (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 :WSTM WSTM White Sands Transverse Mercator ), a leading value-added systems distributor, Wednesday announced that Von Gehr International will serve as corporate financial adviser regarding the acquisition of regional distributors with similar mid-range system line cards. The acquisitions will catapult catapult (kăt`əpŭlt'), mechanism used to throw missiles in ancient and medieval warfare. At first, catapults were specifically designed to shoot spears or other missiles at a low trajectory (see bow and arrow). Western Micro's growth, enabling the company to invest more money in its infrastructure, and to initiate its plan to become the dominant mid-range solution implementor. In addition, the acquisitions will move Western Micro closer to its customers by expanding the company's presence in major metropolitan areas. "We anticipate that the upcoming acquisitions will have a dramatic impact on the overall corporate SG&A percentage, as well as grow our significance to key lines," said Scott Munro, Western Micro's president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "One of our primary objectives in working with Von Gehr International is to expand Western Micro's profitable mid-range computer systems distribution business." Western Micro has established a successful track record with Von Gehr International. Most recently, Western Micro worked with Von Gehr International in the sale of Western Micro's semiconductor components division. The sale of Western Micro's semiconductor assets enabled the company to focus its management resources on its lucrative mid-range systems business. "We are excited about working with the Western Micro team to put together transactions that will build value for the company, its customers and its shareholders," said James Kochman, one of Von Gehr International's principals. Von Gehr International provides financial advisory services advisory services advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal for practical, effective transactions which will complement Western Micro's acquisition strategy. Where some distributors carry products from hundreds of manufacturers and add new ones continually, Western Micro handles fewer than 40 products, with that number decreasing. Western Micro excels as the distributor of choice for the sophisticated, high-level VAR who insists on working with the best products supported by top-notch technical and marketing professionals. Von Gehr International is an investment banking firm providing merger and acquisition services, corporate partnering and private placement capability for technology companies. Western Micro Technology is an innovative value-added systems distributor providing solutions sales and services to VARs, integrators and OEMs. Leading worldwide manufacturers such as 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) , Hewlett-Packard, AT&T, Data General and Oracle have established strong business relationships with Western Micro. In turn, Western Micro provides its customers with the dedicated technical capabilities necessary to support these world-class product lines. CONTACT: Western Micro Technology Inc., Campbell Scott Munro, 408/379-0177 or Miller/Shandwick Technologies, Marina Marina “a piece of virtue.” [Br. Lit.: Pericles] See : Virtuousness del Rey Del Rey may refer to:
Kristin Lang Lang language LANG Louisiana Army National Guard Lang Langobardian (linguistics) LANG Los Angeles Newspaper Guild , 310/822-4669 |
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