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ScanSource Joins Russell 2000 Index; Addition To Index is Based On Company's Market Capitalization.

Business Editors/High Tech Writers


ScanSource (Nasdaq: SCSC), North America's leading distributor of specialty technology products, announced today that it has been named to the newly reconstituted Russell 2000 Index.

ScanSource distributes automatic data capture, point-of-sale and wireless products, as well as voice, data and converged communications equipment through its sales unit, Catalyst Telecom.

The Russell 2000 Index is one of the most widely recognized stock indices for small-cap companies and is compiled annually by the Frank Russell Company based solely on market capitalization. The index is re-balanced yearly to provide a truer reflection of stock market activity and performance, and is used by the financial community as a benchmark for investment consideration. The Frank Russell Company ranks the largest 3,000 public U.S. companies, with the largest 1,000 making up the Russell 1000 and the remaining companies comprising the Russell 2000.

"We're pleased to be included in this year's Russell 2000 Index based on our solid growth and consistent financial performance," said Mike Baur, ScanSource's President and Chief Executive Officer. "We look forward to added visibility among members of the financial community as a result of our inclusion in the index. The ranking and our growth affirms our commitment to empowering solution providers to thrive in the markets we serve, and we pledge to remain focused on that mission."

About ScanSource

ScanSource, Inc., with annualized sales of over $600 million, is North America's leading value-added distributor of specialty technologies, including automatic data capture (ADC) and point-of-sale (POS) products, and voice, data and telephony equipment through its sales unit, Catalyst Telecom. ScanSource markets products from 50 technology manufacturers to over 11,000 value-added technology resellers and is committed to empowering them with tools and services designed to help them grow.

The company has been named one of the nation's 100 "Hot Growth Companies" by BusinessWeek magazine, and has been listed on several nationwide indices of top-performing companies compiled by Fortune, Forbes, BusinessWeek and Deloitte & Touche. For more information, contact ScanSource, Inc., at 6 Logue Court, Greenville, SC, 29615, or by phone at 864/288-2432. ScanSource's toll-free sales telephone number is 800/944-2432, and the toll-free Catalyst Telecom phone number is 800/261-0247. Further information is available at the ScanSource website at and at the Catalyst Telecom website at
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Publication:Business Wire
Date:Jul 10, 2001
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