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Tech Data Corporation Completes the Acquisition of Triade Holding
GlobeNewswire
2010-10-01

      Acquisition Advances European Diversification Strategy

Tech Data Corporation (Nasdaq:TECD), a leading distributor of IT
products, announced today that it has completed the acquisition of
Netherlands-based Triade Holding B.V. ("Triade"), a privately-held
portfolio of leading value-added distributors of consumer electronics,
mobility and information technology (IT) products in Benelux, Denmark
and Norway. In addition, Brightstar Europe, a joint venture between
Brightstar Corp. and Tech Data Corporation, has completed its
acquisition of Triade subsidiaries Mobile Communication Company B.V.
and M.C.C. Belgium NV ("MCC"), mobility specialists in Benelux. The
agreements for these acquisitions were announced August 3, 2010.

"The completion of these exciting transactions enables Tech Data to
grow the specialty areas of our business, while strengthening our
current broadline activities in selected geographies in Europe," said
Robert M. Dutkowsky, Chief Executive Officer, Tech Data Corporation.
"Diversifying our business into faster growing, higher-margin specialty
areas, while leveraging our existing infrastructure, is positioning
Tech Data to achieve its financial goals of improved profitability and
return on capital employed."

Tech Data paid approximately EUR 43 million (approximately $58 million)
for Triade, and Brightstar Europe paid approximately EUR 40 million
(approximately $54 million) for MCC. For the twelve months ended
January 31, 2010, Triade (including MCC) generated sales of EUR 929
million (approximately $1.2 billion), broken down by product group as
follows: approximately 35 percent consumer electronics, 39 percent
mobility and 26 percent IT. Triade's results of operations (excluding
MCC) will be consolidated in Tech Data's financial statements
subsequent to the date of acquisition, and are expected to be accretive
to Tech Data's earnings, excluding acquisition and integration costs.

The acquisition of MCC by Brightstar Europe represents the joint
venture's first direct acquisition; therefore, MCC's results will not
be consolidated in Tech Data's financial statements. Instead, Tech Data
will account for 50 percent of MCC's results through an "income/(loss)
from joint venture" line item below operating income.

"Our investment in the Triade portfolio of businesses provides Tech
Data with the opportunity to take advantage of a converging market in
IT, mobility and consumer electronics. The transaction strengthens our
existing IT business in the Netherlands and Denmark, significantly
extends Brightstar Europe's mobility presence, and enables us to
accelerate our diversification into consumer electronics in the
Netherlands and Denmark with a leading, highly-respected distributor,"
added Nestor Cano, President, Tech Data Europe. "We look forward to
Triade CEO Henk Makaske's leadership of our consumer electronics
business, and welcome the addition of Triade's approximately 450
employees, including its experienced and dedicated management team to
our organization."

Forward-Looking Statements

Certain matters discussed in this news release are forward-looking
statements, based on the company's current expectations that involve a
number of risks and uncertainties. Factors that could cause actual
results to differ materially include the following: downturns in the
global economy; intense competition both domestically and
internationally; narrow profit margins; dependence on information
systems; potential adverse effects of acquisitions; exposure to natural
disasters, war and terrorism; dependence on independent shipping
companies; the impact of increases in freight and handling fees charged
to customers; potential impact of labor strikes; risk of declines in
inventory value; product supply and availability; changes in vendor
terms and conditions; loss of significant customers; credit exposure
due to the deterioration in the financial condition of our customers;
the inability to obtain required capital; fluctuations in interest
rates; foreign currency exchange risks and exposure to foreign markets;
the impact of changes in income tax and other regulatory legislation;
changes in accounting rules; and the volatility of common stock.
Additional discussion of these and other factors affecting the
company's business and prospects is contained in the company's periodic
filings with the Securities and Exchange Commission, copies of which
can be obtained at the company's Investor Relations website at
www.techdata.com. All information in this release is as of October 1,
2010. The company undertakes no duty to update any forward-looking
statements herein to actual results or changes in the company's
expectations.

About Tech Data

Tech Data Corporation (Nasdaq:TECD) is one of the world's largest
distributors of technology products from leading IT hardware and
software producers. Tech Data serves more than 125,000 IT solution
providers in over 100 countries. Every day, these value-added resellers
depend on Tech Data to cost-effectively support the technology needs of
end users, including small and medium businesses (SMB), large
enterprises and government agencies. Ranked 109th on the FORTUNE
500(R), Tech Data generated $22.1 billion in net sales for its fiscal
year ended January 31, 2010. To learn more, visit www.techdata.com.

About Brightstar Europe

Brightstar Europe is a joint venture between Tech Data Corporation and
Brightstar Corporation. The company is headquartered in the United
Kingdom and has access to sales offices in 16 countries and nine
logistics centers throughout the continent. It distributes mobile
phones and other wireless devices to a variety of customers including
mobile operators, dealers, agents, retailers and e-tailers throughout
Europe.

About Triade Holding

Triade Holding is a leading value added, one-stop distributor
specialized in the field of consumer electronics, mobility and
information technology. The company is privately owned and its
shareholders are ABN AMRO Participaties, Friesland Bank Investments and
management. Operating in five countries in Europe, the company's main
office is located in the Netherlands. Triade delivers products from
over 120 vendors to retailers, e-tailers and resellers, serving a
market of more than 5,000 sales outlets daily.


CONTACT:  Tech Data Corporation
          Investor Relations Contacts:
          Jeffery P. Howells, Executive Vice President and 
          Chief Financial Officer
          727-538-7825
          jeff.howells@techdata.com
          Arleen Quinones, Director, Investor Relations and
          Shareholder Services
          727-532-8866
          arleen.quinones@techdata.com





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