TigerDirect Announces Opening of Latest Retail Outlet in Raleigh
TigerDirect Outlet Store to Provide Local Residents with Expanded Choice when Purchasing Computer Equipment in Raleigh, North Carolina.
MIAMI, FL – November 25, 2003 – TigerDirect has opened an Outlet Store in Raleigh, NC in their recent string of store openings. TigerDirect has maintained a full-service business-to- business sales office in Raleigh since 1994, currently employing approximately 50 employees.
TigerDirect is known for their value pricing found on over 4,500 products at http://www.tigerdirect.com. TigerDirect services the consumer and SOHO markets through the TigerDirect.com website and their semi-monthly catalog to over 26 million households annually.
“The Raleigh marketplace needed a ‘shot in the arm' with respect to computer products,” says Joseph Dunne, CFO of TigerDirect, “Every town has the super stores. We are now open to bring the consumers super values.” Mr. Dunne oversees the three TigerDirect Outlet Centers, with several more under consideration.
Currently, TigerDirect has retail outlet stores in Miami, Florida; Naperville, Illinois; and this newest facility in Raleigh, North Carolina. The Miami store is currently relocating to space five times the previous size to accommodate the large amount of traffic the store has experienced.
“We hope to bring values that can't be found anywhere else,” adds Dunne. “TigerDirect may be known for the best value everyday, but now with increased local presence, consumers can touch and feel the savings in their hometown.” For additional store location and address information visit http://www.tigerdirect.com/retailstores/.
About TigerDirect, Inc.
TigerDirect, Inc. (a subsidiary of Systemax Inc. (NYSE: SYX)), is part of a family of branded e-commerce web sites, direct mail catalogs, and relationship marketing to sell name-brand PC hardware, related computer products, and industrial products, to businesses in North America and Europe. Systemax is a Fortune 1000 company.
Forward-looking statement: This press release contains forward-looking statements about the Company's performance. These statements are based on management's estimates, assumptions and projections and are not guarantees of future performance. The Company assumes no obligation to update these statements. Actual results may differ materially from results expressed or implied in these statements as the result of risks, uncertainties and other factors including, but not limited to: (a) unanticipated variations in sales volume, (b) economic conditions and exchange rates, (c) actions by competitors, (d) the continuation of key vendor relationships, (e) the ability to maintain satisfactory loan agreements with lenders, (f) risks associated with the delivery of merchandise to customers utilizing common carriers, (g) the operation of the Company's management information systems, and (h) unanticipated legal and administrative proceedings. Please refer to the Forward Looking Statements section contained in Item 7 of the Company's Form 10-K for a more detailed explanation of the inherent limitations in such forward-looking statements.