SED International Holdings, Inc. (NYSE MKT: SED) (“the Company”, “SED”, “our”, “we”), a multinational supply chain management provider and distributor of leading computer technology, consumer electronics, small appliances products, today announced that in view of the unusual activity in the Company’s stock, the New York Stock Exchange (NYSE) has contacted the Company in accordance with the NYSE’s usual practice and requested that the Company respond by news release to the unusual activity.
Ordinarily, it is SED’s policy not to comment on market activity or rumors. However, the Company did confirm to the NYSE that it is not aware of any material corporate developments beyond its most recently issued news releases that could account for the recent unusual trading activity in its shares.
About SED International Holdings, Inc.
Founded in 1980, SED International Holdings, Inc. is a multinational, preferred distributor of leading computer technology, consumer electronics, and small appliances 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; Bogota, Colombia and Buenos Aires, Argentina, SED serves a customer base of over 10,000 channel partners and retailers in the United States, Latin America, and Caribbean. To learn more, please visit www.SEDonline.com; or follow us on Twitter @SEDIntl.
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," "believe," "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 Forms 10-K and 10-Q available at www.sec.gov.
Robert O’Malley, 770-243-1005
On behalf of SED Investor Relations
E.E. Wang Lukowski, 770-884-1SED (1733)
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