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SHI International Corp. Posts $1 Billion in Revenue for First Quarter 2013

  SHI International Corp. Posts $1 Billion in Revenue for First Quarter 2013

   For the third year in a row, SHI sets a record for first quarter revenue

Business Wire

SOMERSET, N.J. -- April 30, 2013

SHI International Corp., one of North America's top 20 largest IT solutions
providers, recorded revenue of $1 billion for the first quarter of 2013, a
15.5 percent increase year over year and its highest first quarter revenue
total ever. This is the third consecutive year in which SHI set a revenue
record for the first quarter.

In addition, for the first quarter of 2013, SHI’s enterprise and public sector
grew by 9.2 percent over the same period last year, and the corporate sector
grew by 36.7 percent year over year. First quarter revenue also grew for SHI’s
Canada, U.K., and France divisions.

“Despite countless reports of slowing worldwide PC shipments and tepid
adoption of Windows 8, SHI’s strong first quarter performance validates our
efforts to continually diversify our product offering into networking,
storage, data centers, and other advanced solution areas,” said Thai Lee,
President and CEO of SHI International Corp. “Led by significant first quarter
growth from partners such as EMC, NetApp, Cisco, Citrix, and VMware, we expect
this trend to continue as we deliver more value to customers seeking to
consolidate, streamline, and better manage all of their IT assets.”

SHI’s growing networking and data center business was fueled by its network of
partners. SHI’s Cisco Gold certification continued to bolster its networking
offering, and partnerships for advanced solutions and data centers blossomed.
SHI partnered with NetApp and EMC in delivering storage, data protection, data
management, and virtual infrastructure solutions. Along with Cisco, long-term
partners Microsoft, Dell, HP, and VMware rounded out SHI’s top five partners
in the first quarter and also contributed significantly to the company’s first
quarter growth.

To learn more about SHI International, please visit www.SHI.com and
blog.SHI.com.

ABOUT SHI

Founded in 1989, SHI International Corp. is a $4 billion+ global provider of
technology products and services. Driven by the industry's most experienced
and stable sales force and backed by software volume licensing experts,
hardware procurement specialists, and certified IT services professionals, SHI
delivers custom IT solutions to Corporate, Enterprise, Public Sector, and
Academic customers. With over 2,000 employees worldwide, SHI is the largest
Minority and Woman Owned Business Enterprise (MWBE) in the U.S. and is ranked
18th among Everything Channel's VAR 500 list of North American IT solution
providers. For more information, visit http://www.SHI.com.

Press Resources:

SHI Corporate Website: http://www.SHI.com

SHI Blog: http://blog.SHI.com

SHI Twitter Handle: @SHI_Intl

Contact:

Gregory FCA
Mike Lizun, 610-642-1435
Mike@GregoryFCA.com
 
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