Partner Press Release
CHS Electronics Announces Its Commitment To The Adoption Of RosettaNet Standards
For Release
June 9, 1999
Miami, FL -- CHS Electronics, Inc. (NYSE:HS), one of the largest IT wholesale distributors in
the world, today reaffirmed its affiliation with RosettaNet, an Information Technology (IT)
industry consortium created to develop a common computer language enabling standardized e-commerce
business processes and terminology within the industry. RosettaNet is comprised of 34 leading
companies in the IT supply chain, including computer manufacturers, distributors, resellers and
end-users.
Commenting on the industry initiative, Claudio Osorio, CHS' Chairman and Chief Executive
Officer, stated, "We look forward to the launching of industry-wide e-commerce content and
transaction standards. We expect the RosettaNet standards to enable the IT supply chain channel
members to operate more efficiently and cost effectively. CHS is proud of our participation in this
key industry initiative and we expect to meet the February 2, 2000, industry readiness date."
About RosettaNet
Founded in 1998, RosettaNet is an independent, self-funded, non-profit consortium dedicated
to the development and deployment of standard electronic commerce interfaces to align the processes
between IT supply chain partners on a global basis. RosettaNet can be found on the World Wide Web
at http://www.rosettanet.org.
RosettaNet's Managing Board consists of 34 CEOs, CIOs, and executives representing global
members of the IT supply chain, including: American Express, Arrow Electronics, Avnet, CHS
Electronics, Cisco Systems, CompUSA, Compaq, Computacenter, Deutsche Financial Services, EDS,
Federal Express, GE Information Services, GSA, Hewlett-Packard Company, IBM, Inacom, Ingram Micro
Inc., Insight, Intel, Marshall Industries, Microage, Microsoft, Netscape, NEC Technologies, Office
Depot, Oracle, pcOrder, SAP AG, Siemens, Solectron, Tech Data, 3Com, Toshiba Information Systems
and United Parcel Service.
About CHS Electronics
Miami-based CHS Electronics, ranked 189 on the latest Fortune 500 list of the largest
U.S.-based industrial corporations, is a leading international distributor of microcomputers,
peripherals and software to approximately 150,000 resellers in 46 countries in Europe, Latin
America, Asia, the Middle East and Africa. Unlike other computer wholesalers, CHS Electronics
distributes a limited product line for a limited number of leading computer manufacturers and does
so only outside the United States. The company believes that its "focused distribution" enables it
to respond more quickly to customers, provide better service, and reduce inventory and working
capital requirements. CHS believes it is the largest microcomputer distributor in Europe and Latin
America. Information regarding CHS Electronics can be found on the company's Web site at
http://www.chse.com.
| Contacts |
CHS Electronics, Inc.
Surinder Khurana
Chief Information Officer
011-44-385-114109
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