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| Press Releases |
COLUMBIA, MD (April 25, 2006) — PEAK Technologies, a Platinum Equity Company, announced today that it has agreed to sell its Telpar distribution unit to SYNNEX Corporation, a global IT supply chain services company. Telpar is a distributor of Automatic Identification and Data Capture (AIDC) and Point of Sale (POS) products. Telpar’s customers include value added resellers, integrators, independent software vendors, and other channel organizations. The transaction is expected to close on or before May 1, 2006. Telpar OEM, a manufacturer of its own line of direct thermal, impact and specialty printers, is unaffected by the sale of Telpar distribution and will remain a PEAK company.
“PEAK’s primary focus is on delivering integrated AIDC solutions, professional, and life cycle support services direct to end-user customers. The sale of our Telpar distribution business allows us to focus our operational resources on expanding and growing our core business,” said Ross Young, president and CEO, PEAK Technologies. “This transaction is a winning proposition for both parties. PEAK strengthens its core business with greater focus and investment on solutions and services while SYNNEX expands its product and knowledge offering in the AIDC and POS distribution segment.” The sale will also allow company resources who had roles and responsibilities which included supporting the Telpar distribution business to focus on better servicing existing and new PEAK customers. About PEAK Technologies PEAK Technologies (www.peaktech.com), a Platinum Equity Company, is an international provider of automated identification and data collection (AIDC) systems, enterprise mobility solutions and ongoing life cycle service and support. PEAK’s primary applications include solutions for warehousing, manufacturing, and distribution operations. Headquartered in Columbia, Maryland, PEAK Technologies has locations throughout North America and Europe providing a comprehensive “foot print” for multi-national life cycle service and support. For a complete listing of PEAK’s SAP certifications please visit: http://www.sap.com/partners/directories/searchpartner.epx All products or company names listed are Registered Trademarks and Trademarks of their respective holders. Contact:Tim Wills PEAK Technologies (410) 312-6046 Email:tim.wills@peaktech.com |
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