Officer Raises R$ 50 Million in its First Debenture Issue, Focused on Growth Projects

 Officer Raises R$ 50 Million in its First Debenture Issue, Focused on Growth
                                   Projects

Size of the raise demonstrates confidence in the largest Brazilian technology
distributor and enables continued expansion

PR Newswire

SAO PAULO, July 6, 2012

SAO PAULO, July 6, 2012 /PRNewswire/ -- Officer, the leader in the Brazilian
IT distribution market, with a track record of 27 years of operations,
completed its first issue of non-convertible debentures. With this operation,
the company raised R$ 50 million by issuing 5,000 securities with a unit value
of R$ 10,000 to mature in five years. The operation was coordinated by the
Investment Bank of Banco do Brasil. The yield will be 119.50% of the CDI
(Brazilian yield index), with semiannual payments starting at 18 months.

The purpose of the issue is to further enhance Officer's financial position
and support the company's growth that is driven by demand for technology and
for consumer electronics in all regions of the country. "Securing access to
lower cost long-term capital is key to meeting our strategic growth goals,"
said Mauricio de Sousa, the company's Chief Financial Officer. In 2011, the
company grew over 20%, reaching R$ 1.4 billion in sales.

This first issue of debentures by Officer has the full support of Ideiasnet, a
venture capital firm that owns 100% of Officer. For Sami Haddad, CEO of
Ideiasnet, "Officer is experiencing remarkable growth in Brazil and is an
exemplary operation in its segment. The funding will help it reach its
business objectives in the medium and long term while improving the financial
structure of the company and supporting its rapid growth."

Additionally, Officer has invested in growth opportunities including the
acquisition of BP Solutions in 2010. Now, with the acquisition of BP already
integrated, this capital raise from the debentures will enable enhanced
product offerings and solutions for its customers and partners by investing in
complementary services, such as reverse logistics in order to comply with the
Solid Waste Law, among other investments deemed strategic for the company.

About Officer

Performing in the country for 27 years, Officer is a Brazilian pioneer in the
distribution of computer products. With a track record that is part of
national technology history, the company credits its success to its
relationship with the 13,000 active dealers that are part of its network.
Officer provides access to technological innovation, cutting-edge solutions
and business tools that meet the needs its partners. The company has
distribution centers and regional offices in Porto Alegre and Curitiba, which
enable coverage of southern Brazil. Currently, Officer distributes the
following brands: Adobe, APC, Apple, CA, Corel, Epson, Fujitsu, Gigabyte, HP,
IBM, Intel, Lenovo, Lexmark, LG, Linksys by Cisco, Microsoft, Netgear, nVidia,
Oracle, Philips, Positivo, Red Hat, Samsung, Sony, Symantec and VMware.

About Ideiasnet

Ideiasnet (IDNT3:BZ) is a venture capital firm that invests in fast growing
Brazilian technology companies in the areas of Digital Commerce, Digital
Media, SaaS - Software as a Service and Mobile, sharing experiences and
offering support to accelerate their development. Its portfolio is composed by
AUTOMATOS, BOLSA DE MULHER, CIASHOP, IMUSICA, MOIP, OFFICER, PADTEC,
PINI, SOFTCORP, SPRING WIRELESS, TECTOTAL and ZURA!

Press Contacts

Agencia Ideal – Brazil
Fabio Sabba – fabio.sabba@agenciaideal.com.br  (+55 11 3035-2161)
Melissa Amorim – melissa.amorim@agenciaideal.com.br  (+55 11 3035-2187)
Adriana Lutfi – adriana.lutfi@agenciaideal.com.br  (+55 11 3035-2424 | 11
7565-2753)

SOURCE Officer