London/Paris, 12/2001 The expansion of this relationship will enable COMPAREX to add an
extensive range of IBM hardware, software and services solutions to
its portfolio. "Extending our relationship with IBM to our European
businesses will materially enhance the breadth of our client offerings",
explains Rian du Plessis, Chief Executive Officer of COMPAREX.
"Our Business Partner relationship in South Africa has been
extremely successful and we therefore found it logical to strengthen
the relationship by extending it to our European Businesses."
And Erich Clementi, IBM VP Enterprise Systems Group EMEA,
adds: "With the new broader Business Partner relationship with
COMPAREX we are well positioned to address the market demand for
hardware, software and services solutions. IBM's hardware and
middleware products will complement COMPAREX's systems
integration services perfectly for their client base."
"This agreement brings us a step closer to our goal of being an
independent systems integrator. We started the process 18 months
ago with partnerships with other manufacturers and have gained
extensive expertise in the open systems area", explains Dave
Sullivan, COMPAREX Director and Head of the Group's Technology
Strategy. "Being an IBM Business Partner in our key European
markets will further enhance our ability to meet clients' requirements
in terms of Total Cost of Ownership, high availability and e-Business
efficiency".
"The advantages are clear for both sides", continues Guiseppe
Giuliani, IBM VP Business Partners EMEA , "COMPAREX has built a
business on their competencies in systems integration, an area with
significantly growing demand. They will enrich our Value Net, adding
specialized skill and experience for our customers. They have the
potential to become a vital element in IBM's network of Business
Partners."About COMPAREX
COMPAREX is a leading IT Systems Integrator of business solutions.
The group has offices throughout EMEA (Europe/Middle East/Africa)
and a workforce of more than 6,000. Its annual turnover amounts to
approx. Euro 700 million, half of it generated in Europe. COMPAREX -
The Availability Architects - provide IT solutions in the areas of
Network Storage, Consolidation, Migration, Web & Portal, e-Business
and High Availability that function across different platforms and
systems.
COMPAREX is listed on the Johannesburg Stock Exchange and
trades under the symbol CPX.
COMPAREX Holdings (Registration number 1994/002506/06), Share
Code: CPX, ISIN Code: ZAE000016812 About IBM
IBM is the worldwide number one IT vendor (hardware, software,
services) with a revenue of 88,4 Billion US Dollar in 2000 and a
leading vendor in e-business solutions. IBM employs more than
310.000 people worldwide and is active in more than 160 countries.
Learn more: www.ibm.com.
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