SHI International Corp. Posts $1 Billion in Revenue for First Quarter 2013

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SHI International Corp. Posts $1 Billion in Revenue for First Quarter 2013

For the third year in a row, SHI sets a record for first quarter revenue

SOMERSET, N.J.--(BUSINESS WIRE)-- SHI International Corp., one of North America's top 20 largest IT solutions providers, recorded revenue of $1 billion for the first quarter of 2013, a 15.5 percent increase year over year and its highest first quarter revenue total ever. This is the third consecutive year in which SHI set a revenue record for the first quarter.


In addition, for the first quarter of 2013, SHI's enterprise and public sector grew by 9.2 percent over the same period last year, and the corporate sector grew by 36.7 percent year over year. First quarter revenue also grew for SHI's Canada, U.K., and France divisions.

"Despite countless reports of slowing worldwide PC shipments and tepid adoption of Windows 8, SHI's strong first quarter performance validates our efforts to continually diversify our product offering into networking, storage, data centers, and other advanced solution areas," said Thai Lee, President and CEO of SHI International Corp. "Led by significant first quarter growth from partners such as EMC, NetApp, Cisco, Citrix, and VMware, we expect this trend to continue as we deliver more value to customers seeking to consolidate, streamline, and better manage all of their IT assets."

SHI's growing networking and data center business was fueled by its network of partners. SHI's Cisco Gold certification continued to bolster its networking offering, and partnerships for advanced solutions and data centers blossomed. SHI partnered with NetApp and EMC in delivering storage, data protection, data management, and virtual infrastructure solutions. Along with Cisco, long-term partners Microsoft, Dell, HP, and VMware rounded out SHI's top five partners in the first quarter and also contributed significantly to the company's first quarter growth.

To learn more about SHI International, please visit www.SHI.com and blog.SHI.com.

ABOUT SHI

Founded in 1989, SHI International Corp. is a $4 billion+ global provider of technology products and services. Driven by the industry's most experienced and stable sales force and backed by software volume licensing experts, hardware procurement specialists, and certified IT services professionals, SHI delivers custom IT solutions to Corporate, Enterprise, Public Sector, and Academic customers. With over 2,000 employees worldwide, SHI is the largest Minority and Woman Owned Business Enterprise (MWBE) in the U.S. and is ranked 18th among Everything Channel's VAR 500 list of North American IT solution providers. For more information, visit http://www.SHI.com.

Press Resources:

SHI Corporate Website: http://www.SHI.com

SHI Blog: http://blog.SHI.com

SHI Twitter Handle: @SHI_Intl



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