Business Services Industry
ScanSource, Inc., Moves up Fortune 1000 List
Business Wire, May 9, 2007
Value-Added Distributor Jumps 26 Places to 956
GREENVILLE, S.C. -- ScanSource, Inc., (NASDAQ:SCSC), a leading international value-added distributor of specialty technology products, has increased its ranking on Fortune Magazine's annual list of America's largest corporations to #956. ScanSource, Inc.'s sales were $1.666 billion for its most recent fiscal year ended June 30, 2006.
ScanSource is one of only four South Carolina companies and twelve Electronics and Office Equipment Wholesalers named to the Fortune 1000. ScanSource led the way in its category in earnings per share and total return to investors. The Fortune 1000 is based on a number of criteria, including company revenue, profits, market value, and earnings per share.
"We're excited to move up the Fortune 1000, as it's a testament to our strong business plan and the execution of our employees," said Mike Baur, president and CEO, ScanSource, Inc. "Our strong relationships with our vendor and reseller partners have been instrumental to our success."
For more information about ScanSource, Inc., please visit www.scansource.com.
About ScanSource, Inc.
ScanSource, Inc. (NASDAQ:SCSC) is a leading international distributor of specialty technology products. The Company markets specialty technologies through five sales units: ScanSource [automatic identification and data capture (AIDC) and point-of-sale (POS) products]; Catalyst Telecom (Avaya communications products); Paracon (communications products); T2 Supply (video conferencing and telephony products); and ScanSource Security Distribution (electronic security products).
ScanSource serves the North America marketplace and has an international segment, which sells AIDC and POS products, in Latin America and Europe. Founded in 1992, the company ranks #956 on the Fortune 1000. For more information, call the toll-free sales telephone number at 800.944.2432 or visit www.scansource.com.
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