Company Will Now Do Business as Connection and Trade as CNXN on
NASDAQ
MERRIMACK, N.H.--(BUSINESS WIRE)--
PC Connection (NASDAQ: CNXN),
an industry-leading National Technology Solutions Provider, celebrated
its new brand name and CNXN NASDAQ symbol with official ribbon-cutting
and flag-raising ceremonies yesterday at the company's corporate
headquarters in Merrimack, NH. Connection's leadership team was joined
by local dignitaries, including Senator Kelly Ayotte (R-NH), for the
event. Following the launch, all PC Connection, Inc. companies,
including, PC Connection Sales Corporation, GovConnection, MoreDirect,
and Softmart, will do business as Connection—united by one clear,
concise, and powerful brand.
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Members of the Connection leadership team met to celebrate the launch of the Company's new brand name. (Photo: Business Wire)
Addressing a crowd of employees and visiting dignitaries, Tim McGrath,
President and CEO of Connection said, "We've always been focused on the
customer experience, helping people connect with technology in new and
innovative ways, from the PC to the data center. Today, we are a leading
National Technology Solutions Provider, connecting people with
technology that enhances growth, elevates productivity, and empowers
innovation. Our company has evolved to keep pace with the changing
technology landscape, and it's time for our brand name to reflect the
full scope of our capabilities—the promise of our future as well as the
successes of our past."
During her remarks at the event, Senator Kelly Ayotte said, "What has
impressed me most about Connection is the customer service focus . . .
that's what really makes this company stand out." Ayotte added, "I look
forward to seeing the next thirty-five years of Connection, and the
innovation you're going to drive and the difference you're going to
make—not only for your customers, but for the country."
Patricia Gallup, Founder and Chairman of the Board, said,
"Congratulations to our corporate leaders, and the entire Connection
team, for driving the vision and building our strong, positive
reputation; and many thanks to our community members for your support.
You are here today to help us write the next chapter in our Company's
history."
As a leading National Technology Solutions Provider, Connection is
committed to connecting its customers with best-in-class hardware,
software, and services—in addition to providing solutions across seven
technology areas, including Converged
Data Center, Cloud,
Security,
Mobility,
Networking,
Software,
and Lifecycle.
The Company's experts help people use technology in more meaningful
ways, whether it's deploying the latest devices to improve productivity,
developing innovative security programs to keep data safe, or providing
the latest off-premises cloud services to boost agility. Connection will
continue to make significant investments in its portfolio of products
and services to offer its customers the tools and resources to reduce
total cost of ownership, increase productivity, and improve their
competitive advantage.
About Connection
Connection (www.connection.com)
and ticker symbol (NASDAQ: CNXN)
is a Fortune 1000 company that united PC Connection, GovConnection,
MoreDirect, and Softmart into one corporate brand name, reflecting the
Company's mission to connect people with technology that enhances
growth, elevates productivity, and empowers innovation. Headquartered in
Merrimack, NH with offices throughout the United States, the Company
continues to deliver custom-configured computer systems overnight from
our ISO 9001:2008 certified technical configuration lab at our
distribution center in Wilmington, OH. Connection also services
international customers through a global alliance with Bechtle AG, an IT
provider based in Europe. In addition, the Company has over 2,500
technical certifications to ensure that we can solve the most complex
issues of our customers. Investors and media can find more information
about Connection at http://ir.connection.com
Connection — Business Solutions (800.800.5555), the original
business of PC Connection, serving primarily the small- and medium-sized
business sector, is a rapid-response provider of IT products and
services. It offers more than 300,000 brand-name products through its
staff of technically trained sales Account Managers, catalogs,
publications, and website at www.connection.com/SMB
Connection — Public Sector Solutions (800.800.0019), our
GovConnection, Inc. subsidiary, is a rapid-response provider of IT
products and services to federal, state, and local government agencies
and educational institutions through specialized Account Managers,
catalogs, publications, and online at www.connection.com/publicsector
Connection — Enterprise Solutions (561.237.3300), www.connection.com/enterprise,
our MoreDirect, Inc. subsidiary, provides corporate technology buyers
with best-in-class IT solutions, in-depth IT supply-chain expertise, and
access to more than 300,000 products and 1,600 vendors through TRAXX™, a
proprietary cloud-based eProcurement system. The team's engineers,
software licensing specialists, and project managers help reduce the
cost and complexity of buying hardware, software, and services
throughout the entire IT lifecycle.
Connection — Global Solutions (800.328.1319), www.connection.com/global,
our recent Softmart acquisition, is a global supplier of technology,
tools, and service solutions with more than 34 years of expertise in
helping customers simplify software purchasing. As a Microsoft Licensing
Solution Provider (LSP), the team offers industry-leading volume
software license programs and affiliated license support.
cnxn-g
"Safe Harbor" Statement Under the Private Securities Litigation Reform
Act of 1995: This release contains forward-looking statements that are
based on currently available information, operating plans, and
projections about future events and trends. Terms such as "believe,"
"expect," "intend," "plan," "estimate," "anticipate," "may," "will," or
similar statements or variations of such terms are intended to identify
forward-looking statements, although not all forward-looking statements
include such terms. Forward-looking statements inherently involve risks
and uncertainties that could cause actual results to differ materially
from those predicted in such forward-looking statements. Such risks and
uncertainties, include, but are not limited to, the impact of changes in
market demand and the overall level of economic activity and
environment, or in the level of business investment in information
technology products, competitive products and pricing, product
availability and market acceptance, new products, market acceptance of
the Company's new branding, fluctuations in operating results, the
ability of the Company to manage personnel levels in response to
fluctuations in revenue, and other risks detailed in the Company's
filings with the Securities and Exchange Commission, including under the
caption "Risk Factors" in the Company's Annual Report on Form 10-K filed
with the Securities and Exchange Commission for the year ended December
31, 2015. The Company assumes no obligation to update the information in
this press release or revise any forward-looking statements, whether as
a result of any new information, future events, or otherwise.
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View source version on businesswire.com: http://www.businesswire.com/news/home/20160915006666/en/
Corporate Communications Contact:
Lynn MacKenzie,
603-683-2278
lynn.mackenzie@connection.com
Investor
Relations Contact:
Joseph Driscoll, 603-683-2505
Senior
Vice President, Treasurer and Chief Financial Officer
joseph.driscoll@connection.com
Source: Connection
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