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Ubiquiti Networks Announces Distribution Agreement With ECS(GlobeNewswire Via Acquire Media NewsEdge) SAN JOSE, Calif., Oct. 15, 2014 (GLOBE NEWSWIRE) -- Ubiquiti Networks, Inc. (Nasdaq:UBNT), today announced a distribution agreement with ECS, a major technology distributor with over 24,500 active channel partners in China, Malaysia and the Philippines. The agreement represents a strategic move for Ubiquiti's expansion into Asian markets to bring its industry-defining broadband and enterprise solutions to customers by leveraging one of the strongest distributor networks in the region. By expanding their offerings to include Ubiquiti's leading edge platforms, ECS is providing its customers with a compelling choice for fixed-wireless broadband and enterprise technology. "We regard Ubiquiti as a comprehensive, intuitive and disruptively priced proposition for our broadband and enterprise customers," said Jian Hui Ma, Vice General Manager of ECS. "We're incredibly excited to offer their innovative products to our channel." ECS will immediately begin marketing, selling and supporting all of the company's leading edge platforms for service providers (airMAX®, airFiber® and EdgeMAX®) and enterprises (UniFi®, UniFi Video and mFi®) to its network. ECS' broad reseller base will augment Ubiquiti's existing service provider-focused distribution channel and contribute to the company's growth in key enterprise vertical markets, such as education, healthcare, security and hospitality. "Expanding Ubiquiti's presence in Asia is one of our top priorities and ECS is the ideal partner to help us achieve that goal," said Chris Usher, Manager, International Business Development of Ubiquiti Networks. "We expect ECS' experience, execution and reach to accelerate our growth throughout the region." Ubiquiti's global network of distributors brings the company's broadband and enterprise innovations to resellers in 180 countries on six continents in the world. More than 20 million devices have been sold since the company was founded in 2005. About Ubiquiti Networks Ubiquiti Networks, Inc. (Nasdaq:UBNT) is closing the digital divide by building network communication platforms for everyone and everywhere. With over 20 million devices deployed in over 180 countries, Ubiquiti is transforming under-networked enterprises and communities. Our leading edge platforms, airMAX®, UniFi®, airFiber®, UniFi® Video, mFi® and EdgeMAX® combine innovative technology, disruptive price-to-performance and the support of a global user community to eliminate barriers to connectivity. For more information, join our community at http://www.ubnt.com. Ubiquiti, the Ubiquiti logo, Ubiquiti Networks, airMAX, airFiber, UniFi, mFi, and EdgeMAX are registered trademarks or trademarks of Ubiquiti Networks, Inc. and/or its affiliates in the United States and other countries. The Ubiquiti Networks, Inc. logo is available at //www.globenewswire.com/newsroom/prs/?pkgid=24865 About ECS ECS is a leading Information and Communications Technology (ICT) products and services provider that was established in 1985 and listed on the SGX Mainboard in 2001. With three main businesses, namely Enterprise Systems, IT Services and Distribution, it has a network of more than 24,500 active channel partners across China, Thailand, Malaysia, Singapore, Indonesia and the Philippines. ECS is well-positioned to be a regional partner of choice suitable for any global-leading multinational corporation ICT brand vendor seeking to tap into Asia Pacific's ICT spending growth. Visit http://www.ecschina.com. Safe Harbor for Forward Looking Statements Certain statements in this press release are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements other than statements of historical fact including words such as "look," "will," "anticipate," "believe," "estimate," "project," "expect," "consider," "schedule" and "plan" and statements in the future tense are forward looking statements. The statements in this press release that could be deemed forward-looking statements include statements regarding release of new products and expected performance, price-performance disruptiveness, growth prospects, product applications, expected performance and potential benefits, market positioning, short and long-term opportunities, and any statements or assumptions underlying any of the foregoing. You should not place undue reliance on these forward-looking statements. Also, forward-looking statements represent our management's beliefs and assumptions only as of the date made. Ubiquiti Networks undertakes no obligation to update information contained in this press release. You should review our SEC filings carefully, particularly the discussions under the heading "Risk Factors" and elsewhere in our Annual Report on Form 10-K for the year ended June 30, 2014 and other filings filed with the U.S. Securities and Exchange Commission that identify risks that could cause actual results to differ from those made in such forward-looking statements. CONTACT: Media Contact: Chris Usher Manager, International Business Development Ubiquiti Networks, Inc. [email protected] Source: Ubiquiti Networks 2014 GlobeNewswire, Inc. |