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SED International Holdings, Inc. Names Elite Financial Communications Group as IR/PR Counsel of Record
Friday, November 21, 2008
TUCKER, Ga., Nov. 21 /PRNewswire-FirstCall/ -- SED International Holdings,
Inc. (Pink Sheets: SECX), a multinational supply chain management provider and
distributor of leading computer technology, wireless communications and
consumer electronics, today announced that it has appointed Elite Financial
Communications Group as its investor and public relations counsel of record.
In collaboration with SED's senior leadership team, Elite is charged with
developing, implementing and supporting a fully integrated corporate and
shareholder communications platform. Accordingly, Elite will endeavor to
generate broader investor and media appreciation for the Company's
longstanding reputation as a preferred industry partner, its sound and prudent
business practices, its financial and operational performance and its
ambitious business development strategies.
"With annual sales of nearly a half billion dollars in its most recent
fiscal year (ended June 30, 2008), 340 employees and robust business
operations in three countries, SED is not your typical microcap company,"
stated Dodi Handy, President and CEO of Elite. "There is no question it
deserves much greater visibility, attention and support. As such, Elite is
very proud and honored to be teaming with SED and looks forward to playing an
important role in the Company's continued growth and future success."
ABOUT ELITE FINANCIAL COMMUNICATIONS GROUP
Elite Financial Communications Group combines diverse expertise,
influence, talent and capabilities to achieve quantifiable results for both
publicly-traded and privately-held companies. Established in 2001 by a
partnership group composed of highly reputable financial, marketing and
business experts, Elite has earned international distinction for challenging
industry convention and for taking the lead in establishing best practices for
proactive financial communications, investor relations and strategic business
development. Through the firm's PR division, Elite Media Group, Elite offers
traditional and new media outreach, corporate communications, brand-building,
reputation management, professional copywriting services, viral marketing,
event planning, crises management and government relations support. For more
information on Elite, please visit http://www.efcg.net.
ABOUT SED INTERNATIONAL HOLDINGS, INC.
Founded in 1980, SED International Holdings, Inc. is a multinational,
preferred distributor of leading computer technology, wireless communications
and consumer electronics products. The Company also offers custom-tailored
supply chain management services ideally suited to meet the priorities and
distribution requirements of the e-commerce, Business-to-Business and
Business-to-Consumer markets. Headquartered near Atlanta, Georgia with
business operations in California; Florida; Georgia; Texas; Bogota, Colombia
and Buenos Aires, Argentina, SED serves a customer base of over 6,000 channel
partners and retailers in the U.S. and Latin America. To learn more, please
visit http://www.SEDonline.com.
Statements made in this Press Release that are not historical or current
facts are "forward-looking statements." These statements often can be
identified by the use of terms such as "may," "will," "expect," "believes,"
"anticipate," "estimate," "approximate" or "continue," or the negative
thereof. The Company wishes to caution readers not to place undue reliance on
any such forward-looking statements, which speak only as of the date made.
Any forward-looking statements represent management's best judgment as to what
may occur in the future. However, forward-looking statements are subject to
risks, uncertainties and important factors beyond the control of the Company
that could cause actual results and events to differ materially from
historical results of operations and events and those presently anticipated or
projected. These factors include adverse economic conditions, entry of new
and stronger competitors, inadequate capital, unexpected costs, failure to
gain product approval in foreign countries and failure to capitalize upon
access to new markets. The Company disclaims any obligation to revise any
forward-looking statements to reflect events or circumstances after the date
of such statement or to reflect the occurrence of anticipated or unanticipated
events. These factors and others are discussed in the "Management's
Discussion and Analysis" section of the Company's Reports on Form 10-K for the
fiscal year ended June 30, 2008 and Form 10-Q for the quarter ended
September 30, 2008.
FOR MORE INFORMATION, PLEASE CONTACT
Elite Financial Communications Group, LLC
Dodi Handy, President and CEO
Tiffany Korkis or John Morrison, Directors of Elite Media Group
407-585-1080 or via email at SECX@efcg.net
SOURCE SED International Holdings, Inc.
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