SCANSOURCE MAKES FORBES’ “BEST BIG COMPANIES” LIST
GREENVILLE, SC - January 26, 2009 - ScanSource, Inc., {Nasdaq: SCSC}, a leading international value-added distributor of specialty technology products, has been named to Forbes Magazine’s annual Platinum 400 - Best Big Companies list for the fourth time. ScanSource is included in the Technology Hardware and Equipment industry, one of 26 industries highlighted.
Forbes Magazine develops its Platinum 400 list by screening more than 1,000 corporations with $1 billion or more in revenue, a stock price of at least $5 per share and positive equity. They select their list based on such factors as sales and earnings growth, debt to total capital, earnings outlook and stock market returns.
According to Forbes Magazine, to get down to a final list of 400 Platinum companies, they began by assigning companies into 26 industries and ranking them against their industry peers on five-year and 12-month sales and earnings growth, as well as total return to shareholders. The ranking system also included consensus forecasts for long-term earnings growth and debt-to-capital ratios. Using these individual rankings – weighted more for some items than others – Forbes gave each company a composite ranking score and an overall rank within its industry.
“It’s always an honor to be recognized for achievement and growth,” said Mike Baur, CEO, ScanSource, Inc. “This is further evidence of the strength and commitment of our employees, as well as the solid relationships we have with our manufacturer and reseller partners.”
For more information about ScanSource, Inc., please visit www.scansourceinc.com.
About ScanSource, Inc.
ScanSource, Inc. (NASDAQ: SCSC) is a leading international distributor of specialty technology products, consisting of seven sales units in North America, Latin America and Europe.
ScanSource POS & Barcoding in North America, Latin America and Europe delivers AIDC and POS solutions; Catalyst Telecom in the US, and ScanSource Communications in North America and Europe, provide voice, video and converged communications equipment; and ScanSource Security in North America offers physical security solutions. Founded in 1992, the company ranks #901 on the Fortune 1000. For more information, call the toll-free sales telephone number at 800.944.2432 or visit www.scansourceinc.com.