ASBIS Signs Cisco Distribution

August 1, 2012, Bratislava (Slovakia) – ASBIS Slovakia, a subsidiary of the ASBISC Enterprises PLC (WSE: ASBIS), has become an authorized distributor of Cisco, worldwide leader in networking.

ASBIS will supply the entire range of Cisco products, solutions and services under the terms of the agreement.

"The distribution channel is one of the key components of Cisco's business strategy in Slovakia," said Vladimir Mlynárčik, business manager for the commercial customer segment and distribution channels in Cisco Slovakia.

"First of all, due to an exceptional role in logistics for more than 250 authorized business partners of Cisco, but especially for the highest added value, that distribution companies deliver. Whether it is Cisco solutions, implementation assistance, financial services or warranty."

"After a long consideration period of the distribution channel, we are delighted to appoint experienced ASBIS Slovakia VAD team to do business in this highly complex environment." 

^{About ASBIS
ASBISc Enterprises PLC (WSE: ASB) is based in Cyprus and specializes in the distribution of IT products from worldwide leading manufacturers such as Intel, AMD, Seagate, Samsung, Microsoft, Apple, Dell, Toshiba, Acer, Lenovo and Hitachi. The company has own subsidiaries in 29 countries, more than 1,240 employees and 26,000 active customers in over 85 countries worldwide, and its revenue reached US$ 1,48 billion in 2011. For more information visit the company's website at www.asbis.com.}

^{About Cisco
Cisco (NASDAQ: CSCO) is the worldwide leader in networking that transforms how people connect, communicate and collaborate. Information about Cisco can be found at www.cisco.com.}