SweDeltaco, a TurnIT Supplies company, distributor of the year

SweDeltaco, a TurnIT Supplies company, distributor of the year SweDeltaco has been chosen as distributor of the year 2000 by the magazine, IT-branschen, in a massive vote of readers. The award was presented at the Connect exhibition in Älvsjö on Monday evening. "We are very honoured to receive the award. It shows that in every industry - no matter how competitive it is - there are players with sound business models who can make money while others are running at a loss. We see today's nomination as a result of our concentration on profitable growth focussed on the customer" says Mehrdad Motazedi, President of SweDeltaco. TurnIT AB is one of the larger Swedish IT groups listed on the OM Stockholm Stock Exchange's Attract40 list. TurnIT has about 1350 employees. Its business idea is to acquire and develop primarily unlisted IT companies. For shareholders, the intention is to provide a share with lower risk and more stable growth than is usual for IT shares in the stock market. The Group's operations are divided over five business areas; Supplies, Software, Communication, Consulting and Outsourcing. It also includes TurnIT Development, which invests in IT companies at an early stage of development. TurnIT AB (publ) For further information Mehrdad Motatzedi, President, SweDeltaco AB, Tel: +46 (0)8-5557 6200, Mobile: +46 (0)707-17 82 87 Rickard Linderoth, Information Director, TurnIT AB, tel +46 (0)8-545 877 45, Mobile: +46 (0)709-65 02 98 www.deltaco.se www.turnit.se ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2001/04/23/20010423BIT00980/bit0003.doc http://www.bit.se/bitonline/2001/04/23/20010423BIT00980/bit0003.pdf