Ingram Micro's IM-Logistics Division To Manage Logistics Services For Targus Group International

IM-Logistics To Provide Outsourced Logistics And Fulfillment For cdProjects

SANTA ANA, Calif., April 9, 2002 – Ingram Micro Inc. (NYSE: IM), the largest global wholesale provider of technology products and supply chain management services, announced today that its North American IM-Logistics division will manage outsourced logistics functions for Targus Group International’s cdProjects product line.

Under the new agreement, IM-Logistics serves as the outsourced logistics partner for Targus’ retail channel, overseeing warehousing, inventory management, fulfillment and transportation management. IM-Logistics provides direct fulfillment and customized merchandising services to more than 7,500 retail locations across North America.

“IM-Logistics’ proven supply chain management expertise complements our sales, customer service and support infrastructure,” said Brett Johnson, president of Targus Group International. “Targus will market cdProjects more effectively by leveraging IM-Logistics’ distribution expertise. cdProjects is an important Targus brand, and we feel that this strategic partnership with IM-Logistics gives cdProjects a competitive edge in the marketplace.”

“We have established fulfillment relationships with new retail outlets to support Targus’ expanding markets,” said Michael Terrell, senior vice president and general manager, IM-Logistics, Ingram Micro North America. “IM-Logistics’ supply chain services and expertise can be valuable to companies serving any consumer goods industry.”

About Targus
Targus pioneered the notebook computer carrying case, partnering with corporations, retailers and OEMs to provide the best possible protection for notebook PCs. As the leading global supplier of portable solutions, Targus continues to define and shape the market for mobile accessories. Targus has offices on every continent and distributes in over 145 countries. Targus products are available from the company’s e-commerce sites, www.targus.com and www.port.com.

About IM-Logistics
Established in June 2000, IM-Logistics is a division of Ingram Micro North America and provides end-to-end order fulfillment, logistics and supply chain solutions to manufacturers, retailers and e-tailers of technology and consumer electronics products. IM-Logistics leverages Ingram Micro’s 20-year track record in order management and fulfillment to drive efficiency in the supply chain and ensure companies can meet customer demand effectively. As the logistics engine behind Ingram Micro, the division achieves a better than 99 percent accuracy rate for order deliveries. IM-Logistics provides more than 4.3 million square feet of warehouse space for its industry-leading distribution and reverse logistics network, which offers one-or two-day ground coverage to more than 98 percent of the United States and 95 percent of Canada. Visit www.IM-Logistics.com.

About Ingram Micro Inc.
Ingram Micro Inc. is the largest global wholesale provider of technology products and supply chain management services. The company operates in 37 countries with sales of more than $25 billion for the fiscal year 2001. Ingram Micro’s global regions provide the distribution of technology products and services, marketing development programs, and supply chain management services to more than 170,000 technology solution providers and 1,700 manufacturers. The company is focused on maximizing shareowner value and achieving customer satisfaction through innovation in the information technology supply chain. Visit www.ingrammicro.com/corp.