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All Press Releases for May 30, 2003 Subscribe to this News Feed    
 

Arbitech Named Americas 2nd Fastest Growing Company--Again

Independent Computer Product Distributor Successfully Applies Arbitrage to Tech Market

Orange County, CA (PRWEB) May 30, 2003 - For the second year in row, Arbitech, LLC was named the second fastest growing company in America by Entrepreneur magazine and D&B. Featured in the magazines new Hot 100" issue, the independent computer product distributor finds itself again recognized as one of nations most forward-thinking new businesses.

Founded less than three years ago, Arbitech is already seen as having revolutionized the Tier-1 market by treating computers as a commodity and thereby capitalizing on the markets inefficiencies. The business model, based on an MBA thesis by the companys co-founder and CEO Torin Pavia, essentially applies the concept of arbitrage to the technology market. Indeed the firms name is derived from Arbitrage Technologies."

Most people dont think of computer memory being a commodity like corn, but Arbitech does," CEO Pavia is quoted as saying the magazines feature. We take a securities and commodities approach. Its very much like Merrill Lynch or PaineWebber. Why reinvent the wheel?"

Given the companys explosive early success, Arbitechs version of arbitrage seems to be translating quite well to the technology market. The editors of Entrepreneur concur, writing that Arbitech is blazing its way as a less expensive alternative to big computer products distributors such as Ingram Micro and Tech Data", the leading Tier-1" distributors of computer products.

The recognition clearly highlights our achievements thus far, but the truth is we are really just beginning to see our true potential in this market," says Arbitech co-founder and COO Will Poovey, who sees recent personnel and strategic initiatives furthering the companys position as the preeminent independent distributor in the US.

CEO Pavia agrees, adding that, Arbitech grew exponentially in one of the worst technology markets ever. As technology spending increases in the coming months, Arbitech is perfectly poised to capitalize on it and drive significant value and profits to our partners,"

Entrepreneurs 9th annual listing of Americas fastest growing new companies was compiled by D&B, the venerable provider of global business information, and is based on 2002 sales figures.

For additional information on Arbitech, visit www.arbitech.com.

Contact:
Betsy Isroelit
RBI Communications
323 960 1360 x17
betsy@rbicom.com

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Betsy Isroelit
RBI Communications
323 960 1360 x17
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