March 10, 2009

Ingram Micro and Elo TouchSystems Partner

SANTA ANA, Calif., March 9 /PRNewswire/ -- Offering channel partners the industry's broadest and most complete selection of technology solutions, Ingram Micro Inc. (NYSE: IM) is pleased to announce it has expanded its business relationship with IT leader Elo TouchSystems, a business of Tyco Electronics Corporation, to include North America.

Under the terms of the new distribution agreement, the Ingram Micro Data Capture/POS Division will support, market and resell the complete line of Elo TouchSystems touch monitor products including LCD touchmonitors, touchcomputers and custom solutions to channel partners throughout North America. Elo TouchSystems and Ingram Micro have maintained a successful relationship in Europe for the past six years and in Mexico for the past year.

"Touchscreen technology brings to life a high-value business solution that can be sold into many key market verticals including retail, government, education and healthcare," says John Soumbasakis, senior vice president and general manager of Strategic Divisions, Ingram Micro North America. "We're pleased to be Elo's first broadline, value-added distributor and will leverage our vertical expertise to generate demand for Elo's portfolio and enable our solution provider partners to identify, market and sell touchscreen solutions more effectively in today's economy."

"Our expanded distribution alliance with Ingram Micro marks a very significant milestone in Elo's overall channel growth throughout North America," says Mark Mendenhall, vice president Tyco Electronics and general manager, Elo TouchSystems. "We're eager to introduce our innovative touchscreen technology to a broader marketplace that can truly benefit from the improved efficiency, productivity and access touchscreen solutions offer. Ingram Micro brings tremendous scale to our global market outreach and provides us access to a wider variety of channel partners who specialize in vertical markets."

Both DisplaySearch(1) and iSuppli(2) report that the touchscreen market is forecasted for double-digit growth over the next three years. DisplaySearch's May 2008 report forecasts growth between 2008 and 2015 at 12 percent increase in unit sales and a 20 percent increase in revenue. iSuppli's May 2008 report forecasts growth between 2008 and 2012 at 25 percent increase in units and 17 percent when it comes to revenue. Primary market drivers accelerating this growth include reduction of labor costs through customer self-service and the availability of new user interfaces that utilize touch technology.

"Demand for technologies that help businesses reduce costs without compromising service levels is growing worldwide," says Soumbasakis. "In 2009, we expect demand for touch technology to continue despite, and in many cases in light of, the economic climate we're all facing which is good news for all of us who play in this space."

About the Ingram Micro Data Capture/POS Division

The Ingram Micro Data Capture/POS Division is a leading value-added distributor of auto ID/data capture (AIDC), point-of-sale (POS), radio frequency identification (RFID) and wireless solution products and services. In addition to these technologies, the division also offers partners access to the complete suite of Ingram Micro products and services. With offices and distribution centers across North America, Latin America, Europe and Asia, the Ingram Micro Data Capture/POS Division delivers a comprehensive portfolio of products and services to technology integrators around the world. For more information, visit dcpos.ingrammicro.com.

About TYCO ELECTRONICS

Tyco Electronics Ltd. is a leading global provider of engineered electronic components, network solutions, undersea telecommunication systems and wireless systems, with 2008 sales of $14.8 billion to customers in more than 150 countries. We design, manufacture and market products for customers in industries from automotive, appliance and aerospace and defense to telecommunications, computers and consumer electronics. With nearly 8,000 engineers and worldwide manufacturing, sales and customer service capabilities, Tyco Electronics' commitment is our customers' advantage. More information on Tyco Electronics can be found at http://www.tycoelectronics.com/.

About Elo TouchSystems

Elo TouchSystems, the global leader in touch technology, develops, manufactures and markets a complete line of touch screen and touch monitor products. Elo offers the largest selection of touchscreen technologies and LCD touch monitors and carefully designs each product for the demanding requirements of diverse applications, such as industrial, medical, POS, kiosks, retail, hospitality, transportation, office automation, and gaming.

Posted by staff at March 10, 2009 06:52 AM