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Acer Signs Savex Computers As Their New Distributor

October 1, 2008

Acer has announced that they have signed on Savex Computers as a new national distributor exclusively for their Monitor business. Acer has recorded a market share of 20.1 percent in Q2 2008 according to the latest report by IDC, almost doubling their market share from Q2 2007 which was 12.8 percent.

Capitalizing on the expertise of Savex Computers to address the growing business volumes in the monitor market in the B,C& D category cities, Acer plans to scale its operations to the next level for their growing Monitor business in India . With over 40 Sales offices in India , the tie up with Savex Computers is designed to increase access and provide additional resources for Acer's channel network to address the growing demand for Acer products in the monitor market. Savex Computers Ltd. has a cost effective and finely tuned logistics operation using specialized regional transporters that will further help Acer to increase its bandwidth and increase the availability of Acer's LCD monitors in the T2 and T3 cities across India .

Mr. S Rajendran, Chief Marketing Officer, Acer India, said, “The tie-up with Savex Computers Ltd. is testimony to our flourishing monitor business in India . Our Widescreen monitor business has grown dramatically in the last one year almost doubling our market share in India . This is a wonderful accomplishment for the Acer team. By partnering with Savex Computers to increase our distribution across the country we hope to continue this growth trend through H2 2008 as well.”

Mr. Jayant Goradia, CEO, Savex Computers Ltd, “We are pleased to be in partnership with brand Acer, the fastest growing PC brand globally. With our focused approach, extensive resources and market experience we are all set to further Acer's penetration in the Indian monitor market. Through this partnership we look forward to leveraging Acer's innovative technology and help the largest brand in widescreen TFT market increase its reach across the country to address emerging opportunities.”

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