ASBIS Announces Termination of Distribution Agreement with Maxtor

ASBIS, a leading supplier of computer components to the EMEA emerging markets, announced that it will terminate distribution agreement with Maxtor.

Limassol, Cyprus (PRWEB) October 1, 2004 -- ASBIS, a leading supplier of computer components to the EMEA emerging markets, announced that it will terminate distribution agreement with Maxtor.

ASBIS management and Maxtor European management have agreed to stop direct relationship, but both parties will continue to work together providing end-customers with warranty services for Maxtor products distributed by ASBIS.

According to Laurent Journoud, ASBIS VP Sales & Marketing, this difficult decision has been taken because ASBIS simply could not support Maxtor product line due to very low profitability and increased after sales service cost. We also have general disagreement with Maxtor channel policy, specially, with the increased number of its distributors in EMEA emerging markets over the last twelve months."

About ASBIS

ASBIS is a leading supplier of components and building blocks for the server, desktop PC and mobile PC segments of the EMEA emerging markets. Today the company has 38 offices in 25 countries, producing a turnover of USD 680 million in 2003. ASBIS combines extensive knowledge of the local markets it serves with a strong expertise of the international management team bringing value to both its vendors and customers. For more information about ASBIS please log on to www.asbis.com.

Media Contact:

Pavel Burba

Channel Marketing Director

ASBISc Enterprises Ltd.

pavel_burba@asbis.minsk.by

Tel. +375 17 2147762

www.asbis.com

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