Annex Distribution will end its long-standing distribution agreement with Fujitsu Technology Solutions (previously Fujitsu Siemens Computers) effect from 1 March 2010.
Since the commencement of the relationship in 2004, the companies have enjoyed healthy co-operation with good revenue growth.
Fujitsu is a leading provider of IT-based business solutions for the global marketplace and Annex has certainly played a key role within the distribution network across South Africa.
“The decision to end our distribution agreement was not an easy one,” says Stephan Nel, MD of Annex. “Fujitsu has played a significant role in the establishment and growth of Annex Distribution within the South African channel. Their product range has performed well throughout our relationship; however we have found ourselves in the position of focusing more on a price-conscious market."
Fred Saayman, distribution manager at Fujitsu, adds: “We have valued our relationship with Annex,. However, on reviewing our diverging strategies, we came to the mutual decision to end the partnership. We will still engage with Annex as a Fujitsu Reseller Partner through our local distributors.”