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Business Description
Ingram Micro Inc. is a distributor of information technology (IT) products and services worldwide. It distributes and markets IT products from computer hardware suppliers, networking equipment suppliers and software publishers worldwide. The Company has four primary product categories: networking products, software, systems and peripherals. In addition, it offers a number of supply chain management services to its suppliers and resellers. Services related to its distribution business include sales and marketing, customer care, financial services, and logistics. Geographic areas in which the Company operated during the fiscal year ended January 3, 2004 include North America, Europe Asia-Pacific and Latin America. As of January 3, 2004, the Company had 48 distribution centers worldwide and sales offices and/or Ingram Micro sales representatives in 35 countries. The Company sells its products and services to resellers in more than 100 countries.

Financial Information
For the 39 weeks ended 10/2/04, revenues rose 14% to $18.01 billion. Net income increased 37% to $140.7 million. Revenues reflect the strengthening of European currencies. Net income also reflects an increase in margins.