CDW Corporation, a leading provider of technology products and services to business, government and education, today announced net sales for 2008 were $8.071 billion, compared to $8.145 billion in 2007, a decrease of 0.9%.
“Our ability to hold sales relatively flat in this very difficult macroeconomic environment is testament to our industry leadership position, the power of our business model, and most importantly, the talent and hard work of our coworkers,” said John A. Edwardson, chairman and chief executive officer, CDW Corporation. “In 2009, we are focused on growing market share and providing our unbeatable combination of products and services. We intend to emerge from this downturn in a position of strength by continuing to offer the best customer service in the industry. In addition, we also continue our focus on working capital and liquidity. At the end of February 2009, we had approximately $400 million in cash on our balance sheet.”
About CDW
CDW is a leading provider of technology solutions for business, government and education. Ranked No. 34 on Forbes' list of America's Largest Private Companies, CDW features dedicated account managers who help customers choose the right technology products and services to meet their needs. The company's technology specialists offer expertise in designing customized solutions, while its advanced technology engineers can assist customers with the implementation and long-term management of those solutions. Areas of focus include notebooks, desktops, printers, servers and storage, unified communications, security, wireless, power and cooling, networking, software licensing and mobility solutions.
CDW was founded in 1984 and as of December 31, 2008 employed approximately 6,850 coworkers. For more information, visit CDW.com.
Contacts:
Gary Ross
CDW Corporation
847-371-5048
garyross@cdw.com
or
Anshula
Ahluwalia
Ogilvy Public Relations
312-397-6074
anshula.ahluwalia@ogilvypr.com