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INGRAM MICRO, MULTIPLE ZONES INTERNATIONAL SIGN OUTSOURCING AGREEMENTSANTA ANA , Calif., Nov. 15, 1999Ingram Micro Inc. (NYSE:IM), the world's largest wholesale provider of technology products and services, today announced it has signed a contract with Multiple Zones International to provide outsourcing services for its direct-sales fulfillment. With this outsourcing agreement, Ingram Micro becomes the primary source for technology products for Multiple Zones operations by providing comprehensive services for product procurement, logistics and order fulfillment. Multiple Zones is a premier, solutions-based direct reseller of brand name computer products and services and has grown significantly over the past few years, with 1998 annual sales in excess of $500 million. "Today's announcement illustrates our commitment to being a total solution provider," states Robert Grambo, executive vice president and president, Ingram Micro U.S. "The agreement with Multiple Zones is among a growing list of outsourcing partners with Ingram Micro. Technology vendors and resellers, such as Multiple Zones, are realizing they can provide better availability and reduce operating costs by focusing on their core competencies and relying on Ingram Micro as an outsourcing partner as the supply chain evolves." "This agreement gives our company the opportunity to align itself with Ingram Micro's worldwide resources, especially its breadth of product, states Phil Lalji, chief executive officer at Multiple Zones. "Leveraging Ingram Micro's infrastructure and core competencies allows us to focus on growing our business and continuing to improve our efficiencies." In an effort to further support its technology resellers and vendors partners, Ingram Micro has signed other agreements similar to the one with Multiple Zones. In February, Software Spectrum Inc. announced a key partnership distribution agreement with Ingram Micro to outsource all of its physical distribution of products to customers in the United States and Canada. In April, Elcom International Inc. announced a major strategic outsourcing alliance, in which Ingram Micro is the primary supplier of personal computers for Elcom's U.S. corporate and consumer customers. Also in July, Unisys Corp. announced that Ingram Micro will provide IT procurement, logistics, systems configuration and assembly services for the Unisys Federal Online electronic-commerce system. In August, CompUSA Inc. signed a contract with Ingram Micro for outsourcing services for its direct-sales fulfillment and configuration operations. In September, SARCOM announced Ingram Micro will become the company's exclusive IT procurement, configuration and assembly partner. In September, Ingram Micro signed an outsourcing agreements with Telenor IT Service & Installasjon in Norway to provide fulfilment and configuration services. In September, Ingram Micro announced an outsourcing agreement with GE Capital IT Solutions in Denmark. About Ingram Micro Inc.Ingram Micro Inc. (NYSE:IM), headquartered in Santa Ana, Calif., is the world's largest wholesale provider of technology products and services, and a leader of assembly and integration services with sales of $26.5 billion for the past four reported quarters. The company and its subsidiaries operate in 34 countries and distribute more than 225,000 products to more than 140,000 resellers in 130 countries. About Multiple ZonesMultiple Zones International, Inc. is a premier, solutions-based direct reseller of brand-name computer products and services to businesses and consumers. The company, named one of the ``100 Hottest Companies on the Net'' by Business 2.0 in May 1999, serves customers through its online store, Zones.com , which includes PC Zone., Mac Zone. and ZonesAuction . A team of skilled, customer-dedicated account executives serves the needs of the business, education and government markets through Zones Business Solutions . The company was founded in 1988 and is headquartered in Renton, Washington. Customers can buy online or by calling 1 (800) 258-2088. Forward-Looking Statement Certain statements in this press release may be forward-looking statements that involve risks and uncertainties. Words such as "anticipates," "intends," "plans," "believes," "seeks," "estimates" and variations of such words and similar expressions are intended to identify such forward-looking statements. These statements are based on current expectations and projections about the technology distribution industry and assumptions made by Ingram Micro's management and are not guarantees of future performance. Therefore, actual events and results may differ materially from those expressed or forecasted in the forward-looking statements due to factors such as those identified in Exhibit 99.01 of Ingram Micro's annual report on Form 10-K for the fiscal year ended Jan. 2, 1999. Other risks or uncertainties may be detailed from time to time in Ingram Micro's future Securities and Exchange Commission filings. Ingram Micro undertakes no obligation to update any forward-looking statements in press releases. Contact:
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