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DTC - Datatec Limited - Westcon acquires it security distributor entrada Kommunikations Datatec Limited (Incorporated in the Republic of South Africa) (Registration number: 1994/005004/06) ISIN: ZAE000017745 Share Code: DTC WESTCON ACQUIRES IT SECURITY DISTRIBUTOR ENTRADA KOMMUNIKATIONS Datatec Limited ("Datatec", JSE/AIM: DTC), the international Information and Communications Technology (ICT) group, announces that its subsidiary Westcon has agreed to acquire entrada Kommunikations GmbH ("entrada"), a German based, value added distributor of IT security products and provider of sales support and training services. The consideration is not disclosed and will be settled entirely in cash from Westcon`s resources. The transaction is still subject to cartel clearance. This acquisition enhances Westcon`s German presence and, with entrada`s Swiss operations, allows Westcon to expand into a new geography to better service its pan-European customers` needs. Founded in 1996, entrada is the second-largest value added distributor of security products in Germany - with a portfolio of solutions that includes Trend Micro, McAfee, Juniper and Riverbed. Since its founding, entrada has grown to achieve annualised revenues of over Euro63 million. It will now form part of Westcon`s European Security operations. Jens Montanana, Datatec`s Chief Executive commented: "The acquisition of the second largest security distributor in Germany allows Westcon to significantly penetrate Europe`s biggest economy and gives its European Security division a wider geographic footprint to better service its customers` requirements. "entrada`s complementary vendor portfolio further strengthens Westcon`s security offering in Europe, bringing significant possibilities for cross selling into both customer bases." Enquiries: Datatec Limited (www.datatec.co.za) Ivan Dittrich - Chief Financial Officer +27 (0) 11 233 1221 Wilna de Villiers - Group Marketing +27 (0) 11 233 1013 Manager Jefferies International Limited Chris Snoxall +44 (0) 20 7029 8000
College Hill Adrian Duffield/Rozi Morris (UK) +44 (0) 20 7457 2020 Frederic Cornet (SA) +27 (0) 11 447 3030 13 July 2011 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 13/07/2011 08:00:01 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.
