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WESTNET DISTRIBUTION: EXCLUSIVE COOPERATION FOR THE SUPPLY OF LENOVO MOBILE PHONES IN GREEK MARKET

August 3, 2016

The two companies launch their introduction into the mobile phone device market through an exclusive partnership

Athens, 2 July 2014Westnet Distribution, member of Panos Germanos Group, and Lenovo, the largest PC manufacturer worldwide, announce their introduction into the mobile phone device market through an exclusive partnership which foresees the distribution of Lenovo mobile phone devices by Westnet.

Through the cooperation, Westnet Distribution expands into mobility products aiming to contribute substantially to the increase of Lenovo’s shares in the field of mobile phone devices, in which it will be entering in September.

This cooperation is the evolution of the relationship between the two companies, which began a year ago, in the field of mobility with the exclusive distribution of Lenovo tablets in the Greek market. The cooperation has worked effectively with Lenovo’s share in tablets being 13.3% for the first quarter of 2014, according to the latest IDC data. Westnet Distribution’s catalytic role in the increase of Lenovo’s share led to the second exclusive cooperation between the two companies and sealed the trust of a world leader in expertise and effectiveness towards Westnet Distribution.

LENOVO, the first Personal PC company in the world and third in smart connected devices enters the market of mobile phone devices. The award-winning company, distinguished for its innovation and its high quality products, transfers the same values to the series of devices which will be launched in the Greek market, said Mr. Michael Oikonomakis, Lenovo’s General Manager for Greece and Cyprus and added: “Lenovo’s mobile phones will be in the Greek market this coming September and it is certain that they will meet all the needs of users who now demand high technological performance and high efficiency benefit in relation to the price of the mobile phone. Through our cooperation with Westnet we expect that we will quickly achieve a very good positioning throughout the market and obtain market shares in the field of mobile devices as well”.

Westnet Distribution’s CEO Mr. Christos Kalogerakis said: “Westnet Distribution, with consistency and continuity to its business plan, develops, adapts to market conditions, implements exclusive partnerships, expands its clientele and product categories aiming at profitable markets. It exhibits an intense growth trend which is reflected in the financial results of 2014. The cooperation with Lenovo both honours us and also marks a new era in which we stand reorganized and ready for new challenges. The new Mobility department aims at the capitalisation of our excellent relation and cooperation with all retail chains and operators on behalf of our clients”.

The expertise of Westnet Distribution’s executives which ensures the proper distribution and promotion of its customers’ products, is expected to make a strong contribution to the development of market share in the field of mobile phones for Lenovo. At the same time, the enhancement of the experienced Westnet Distribution team with super geeks which focus on the study of developments and market trends, will further strengthen Lenovo’s penetration in the new market.

It is worth noting that LENOVO, No1 company in the world of personal computers, is a company that offers really innovative products that distinguish themselves for their durability, specifications, innovation and their design. In 2014 alone it won six awards for the fields of manufacturing (Manufacturing Leadership Award), design (Two Red Dot “Best of the Best” Design Awards and Design Oscar by iF Design Gold Award) and innovation (Yoga Tablet Gold Edison Award as Most Innovative Computing Solution and Edison Awards Finalist for Pioneering Personal Technology Innovation).

ABOUT WESTNET DISTRIBUTION

Westnet Distribution SA has operated exclusively in the area of distribution of IT and hi-tech products since 2005. The company offers a package of solutions that includes distribution and representation of IT and high-tech products of leading companies of the world market, such as Asus, HP, Lenovo, LG, Philips and Samsung.

ABOUT LENOVO

Lenovo, (HKSE: 992) (ADR: LNVGY) is a $ 30 billion company and the largest personal computer manufacturer worldwide, manufacturing technologically advanced and high quality personal computers, in 160 countries. Lenovo’s business model is based on innovation, operational efficiency and customer satisfaction, with emphasis on the implementation of investments related to emerging markets. The company was created following the acquisition of IBM’s personal computer department by Lenovo Group and today develops, manufactures and markets reliable, secure and manageable technological products and services worldwide. Some of its products are the legendary PC series Think and Idea, as well as servers, workstations, and a range of mobile internet devices which includes tablets and smart phones. Lenovo has research facilities in Japan, China and North Carolina (USA). More information is available at: www.lenovo.com.