Second Quarter 2002 Earnings Release; Insight Enterprises Inc. Reports Diluted EPS of $0.28

Business Wire, July 25, 2002

Business Editors & High-Tech Writers

TEMPE, Ariz.--(BUSINESS WIRE)--July 25, 2002

Second Quarter Highlights:

-- 46% growth in consolidated net sales, including Comark

-- 13% growth in Insight Direct Worldwide Inc. net earnings

-- 3% growth in Direct Alliance Corp. net earnings

-- Effective April 25, 2002, acquired Comark Inc. ("Comark"), North America's largest privately-held technology solutions provider


                        FINANCIAL SUMMARY TABLE
               (IN THOUSANDS, EXCEPT PER SHARE AMOUNTS)

                                          Three Months Ended
                                               June 30,
--------------------------------------------------------------------
Insight Enterprises Inc.             2002         2001      % change
--------------------------------------------------------------------
Net sales                        $  737,065   $  504,826        46%
Earnings from operations         $   22,623   $   19,343(a)     17%
Net earnings                     $   13,143   $   11,898(a)     10%
Basic earnings per share         $     0.29   $     0.29(a)      -
Diluted earnings per share       $     0.28   $     0.28(a)      -
Shares used in earnings per
   share calculation:
    Basic                            44,924       41,462         8%
    Diluted                          46,363       42,577         9%
Insight Direct Worldwide Inc.
-----------------------------
Net sales                        $  713,226   $  481,649        48%
Net earnings                     $   10,626   $    9,445        13%
Direct Alliance Corp.
-----------------------------
Net sales                        $   23,839   $   23,177         3%
Net earnings                     $    2,517   $    2,453(a)      3%


                                           Six Months Ended
                                               June 30,
----------------------------------------------------------------------
Insight Enterprises Inc.             2002         2001      % change
----------------------------------------------------------------------
Net sales                        $1,265,028   $1,062,329        19%
Earnings from operations         $   42,461   $   43,095(a)     (1%)
Net earnings                     $   25,208   $   26,184(a)     (4%)
Basic earnings per share         $     0.58   $     0.63(a)     (8%)
Diluted earnings per share       $     0.56   $     0.62(a)    (10%)
Shares used in earnings per
   share calculation:
    Basic                            43,549       41,255         6%
    Diluted                          44,991       42,414         6%
Insight Direct Worldwide Inc.
-----------------------------
Net sales                        $1,215,489   $1,013,029        20%
Net earnings                     $   20,187   $   21,448        (6%)
Direct Alliance Corp.
-----------------------------
Net sales                        $   49,539   $   49,300         -
Net earnings                     $    5,021   $    4,736(a)      6%


(a) Excludes a $1.4 million ($830,000, net of taxes) charge, recorded
in operating expenses, for the effect of aborted IPO costs related to
Direct Alliance Corp. incurred during the three months ended June 30,
2001.


                QUARTERLY OPERATING DATA SUMMARY TABLE

                                              Three Months Ended
                                                   June 30,
----------------------------------------------------------------------
Insight Direct Worldwide Inc.               2002     2001   % change
----------------------------------------------------------------------
% of net sales - North America               88%      93%       39%(b)
% of net sales - Europe                      12%       7%      177%(b)
Gross profit %                             11.5%    11.0%      0.5%
Operating expense %                         8.9%     7.8%      1.1%
Direct shipments %                           61%      72%       15%(c)
Direct shipments % - North America           66%      75%        8%(c)
Direct shipments % - Europe                  42%      50%      103%(c)
Number of account executives              2,241    1,823        23%
 Number of account executives - North
  America                                 1,971    1,621        22%
Number of account executives - Europe       270      202        34%
Average order size                      $ 1,263  $ 1,256         1%
Average order size - North America      $ 1,438  $ 1,325         9%
Average order size - Europe             $   558  $   703       (21%)
Percent of sales to businesses               99%      98%       55%(b)
Percent unassisted Web sales                9.5%    11.3%       23%(b)
Product Mix:
 Notebooks and PDAs                          14%      15%       46%(b)
 Desktops and servers                        17%      15%       82%(b)
 Software                                    16%      17%       44%(b)
 Storage devices                              8%       9%       27%(b)
 Networking and connectivity                 10%       9%       72%(b)
 Printers                                    11%       9%       82%(b)
 Monitors and video                           7%       7%       56%(b)
 Memory and processors                        5%       6%       31%(b)
 Supplies and accessories                     5%       5%       53%(b)
 Miscellaneous                                7%       8%       34%(b)

Direct Alliance Corp.
----------------------------------------
Net sales mix:
      Service fees                           90%      88%        5%(b)
      Pass through product sales             10%      12%      (12%)(b)
Earnings from operations %                 17.2%    17.5%(d)     1%


(b) Based on net sales dollars
(c) Based on number of direct shipments
(d) Earnings from operations excludes a $1.4 million charge, recorded
in operating expenses during the three months ended June 30, 2001, for
the effect of aborted IPO costs.