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New Age Electronics Signs Distribution Deal with Samsung

6 Feb, 2007

New Age Electronics Signs Distribution Deal with Samsung

Los Angeles - New Age Electronics, Inc. (New Age) has announced a new partnership with Samsung. Under the terms of the agreement, New Age’s distribution role will include a portion of Samsung’s line of office products including printers, copiers and fax machines.

Taking a leadership role in the office product category, Samsung will round out New Age’s line-up including Sharp and HP. With New Age, Samsung reduces time-to-market, maximizes product shelf life and increases profit margins with an even more streamlined supply chain process. New Age’s loyal imaging dealers, and VARs within the business and document solutions market will greatly benefit from the expanded line.

“Players need to be innovative, efficient and ahead of every trend in order to compete and succeed in this industry,” said Adam Carroll, President, New Age Electronics, Inc. “New Age is well positioned to help companies like Samsung by utilizing our breadth of experience and long-standing dealer relationships to offer the most well-rounded and robust product line offerings out there.”

“Samsung chose to partner with New Age due to their extensive and successful track record of servicing the document solutions industry,” said Doug Engberg, Sr National Sales Manager for ITD Samsung. “In addition, New Age’s vendor managed inventory, forecast-based model and dedicated account management will strengthen our overall position with dealers.”

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