Foxconn Expands Distribution by Adding ASBIS

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ASBIS, a leading supplier of computer components to the EMEA emerging markets, has signed an Authorized Distributorship Contract with Taiwan-based Hon Hai Precision Industry Co., Ltd., one of the world's largest manufacturers of cable assemblies and motherboards and the largest manufacturer of PC connectors and enclosures.

ASBIS, a leading supplier of computer components to the EMEA emerging markets, has signed an Authorized Distributorship Contract with Taiwan-based Hon Hai Precision Industry Co., Ltd., one of the world's largest manufacturers of cable assemblies and motherboards and the largest manufacturer of PC connectors and enclosures.

According to the agreement signed at ASBIS’ head office in Cyprus, the company is now authorized to distribute all products bearing the Foxconn brand including motherboards, chassis, and coolers. The agreement covers all territories of ASBIS’ current operation.

Chris Day, General Manager Foxconn Channel, said: “Foxconn specifically targeted ASBIS as a key distribution partner due to their proven track record in computer component sales and their extensive market presence across Europe, Middle East and Africa. This gives both parties an unparalleled platform to build on. We are looking forward to successful co-operation with ASBIS over the coming years.”

The new partnership will promote the distribution and sales of Foxconn products throughout 26 countries with distribution centers located in Holland, the Czech Republic, United Arab Emirates and Finland. ASBIS will enable distributors, resellers and computer users to obtain Foxconn products locally through ASBIS offices. Under the terms of the agreement, Foxconn will provide three years warranty for motherboards and two years warranty for chassis, power supply, coolers, and card readers.

According to Yuri Ulasovich, ASBIS’ VP Product Marketing, “Foxconn products represent the features our customers appreciate most – they are innovative, reliable, and provide highest quality. No wonder that some of the largest OEMs like Intel, Hewlett-Packard and Dell co-operate with Foxconn on a long-term basis. We are positive about this partnership’s huge potential and expect it to yield excellent results.”

About ASBIS

ASBIS is one of the largest suppliers of computer components in the Europe, Middle East and Africa (EMEA) markets. The privately-owned company with headquarters in Cyprus and 38 offices in 26 countries plays a significant role in global supply chain with around 15,000 product items in its portfolio and the annual turnover reaching USD 755 million in 2004.

Today the company serves more than 12,500 active customers in 70 countries via 4 distribution centers and 33 local warehouses across its expanding regions. ASBIS combines extensive knowledge of the local markets it serves with a strong international team of over 600 employees bringing value to both its vendors and customers. ASBIS offers its clients not only a complete set of components and building blocks for manufacturing PCs, servers or notebooks, but also a unique pre- and post-sales service.

For more information about ASBIS please log on to http://www.asbis.com.

About Foxconn

Foxconn is the registered trade name of Hon Hai Precision Industry Co., Ltd. Hon Hai is a global leader in providing mechanical and electromechanical solutions to the communications, consumer, and computer industries. The world's largest manufacturer of PC connectors and enclosures, Hon Hai is also one of the world's largest manufacturers of cable assemblies and motherboards - almost 33 million motherboards having been produced in 2004 (second highest volume in the world).

Founded in 1974, and listed on the Taiwan stock exchange in 1991, Hon Hai has well in excess of 160,000 employees being the largest private sector company in Taiwan, and is the largest exporter from mainland China. Market capitalization exceeds $12 billion USD. Sales in 2004 exceeded $16 billion USD.

For more information about Foxconn please visit http://www.foxconn.com.

Victor Lukyanov

PR Manager

ASBISc Enterprises Ltd.

Tel. +375 17 2147762 (ext.227)

E-mail: victorl@asbis.minsk.by

http://www.asbis.com

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Victor Lukyanov
ASBISC
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