Ingram Micro Continues to Broaden Mobility Services Expertise With Acquisition of CANAI Group and Clarity Technology

SANTA ANA, CA -- (Marketwired) -- 06/22/15 -- Ingram Micro (NYSE: IM) today announced that it has further expanded its expertise and ability to address the complete lifecycle services of mobility devices through the acquisitions of U.K.-based CANAI Group and Portugal-based Clarity Technology. Established in 2001, CANAI specializes in retail, carrier and web-based trade-in processes, sustainable recovery, reuse and recycling of electronic products. CANAI offers fully accredited processes and facilities to end users, retailers, manufacturers and carriers to help them optimize the asset value and utilization of used devices in compliance with regulatory recycling and disposal requirements. Clarity Technology was established in 2008 and provides a range of services for the mobility industry including reverse logistics, repairs, parts and accessory management and diagnostics and repair avoidance. In addition to increasing the breadth and depth of the mobility lifecycle services that Ingram is able to offer its existing partners and customers, both companies add important new retail, carrier and OEM relationships within the telecommunications ecosystem. Additional details of the transactions were not disclosed.

"The addition of CANAI and Clarity Technology's established services capabilities is perfectly aligned with Ingram Micro's strategic commitment to accelerate our presence and growth in higher value services businesses across the globe," said Shailendra Gupta, Ingram Micro President, Mobility Services. "Both companies bring proven intellectual property, further strengthening and complementing our current capabilities to deliver comprehensive life cycle services. While the two businesses are presently small, we expect to leverage these capabilities initially across our existing infrastructure to benefit our current and future partners and customers."

About Ingram Micro Inc.
Ingram Micro helps businesses Realize the Promise of Technology™. It delivers a full spectrum of global technology and supply chain services to businesses around the world. Deep expertise in technology solutions, mobility, cloud, and supply chain solutions enables its business partners to operate efficiently and successfully in the markets they serve. Unrivaled agility, deep market insights and the trust and dependability that come from decades of proven relationships, set Ingram Micro apart and ahead. More at www.ingrammicro.com

Media Contact:
Lisa Zwick
+1 (949) 230-8794
Email Contact

Investor Relations Contact:
Damon Wright
+1 (714) 382-5013
Email Contact

Source: Ingram Micro Inc.

Released June 22, 2015