DTC - Datatec Limited - Logicalis Acquisition Expa
4 June 2007 8:01
DTC
 DTC                                                                             
DTC - Datatec Limited - Logicalis Acquisition Expands HP Enterprise             
                        Technology And Services Capabilities In Southeast USA   
Datatec Limited                                                                 
(Incorporated in the Republic of South Africa)                                  
(Registration number: 1994/005004/06)                                           
ISIN: ZAE000017745                                                              
Share Code: DTC                                                                 
Logicalis acquisition expands HP enterprise technology and services capabilities
in southeast USA                                                                
Datatec Limited ("Datatec", JSE and LSE: DTC), the international Information &  
Communications Technology (ICT) group, has acquired from Carotek, Inc. its      
Information Technology Division (Carotek ITD), based in Matthews, North Carolina
for $6.9 million to be settled by $3.4 million in cash and the issue of 624,092 
new ordinary ZAR0.01 shares in Datatec. The vendors have entered into a         
restriction over selling these shares.                                          
Carotek ITD will be integrated into the US operations of Logicalis, Datatec`s   
international provider of integrated ICT solutions.  The acquisition will       
increase Logicalis` presence in the Carolinas, Georgia, Alabama, Tennessee and  
Florida while strengthening its ability to service HP business accounts. The    
acquisition of Carotek ITD will add approximately 30 staff members and increase 
Datatec`s annual revenue by an estimated $25 million and increase annual EBITDA 
by approximately $1.5 million.  Carotek ITD has been acquired free of cash and  
debt.                                                                           
Application has been made to the London Stock Exchange for the admission of the 
624,092 ordinary ZAR0.01 shares to the Alternative Investment Market, and to the
JSE Limited for the listing of these shares.  Listing on both exchanges is      
expected to become effective on 8 June 2007.                                    
Jens Montanana, Chief Executive of Datatec:                                     
"As a leading HP enterprise systems partner both in the US and abroad, Datatec  
is committed to supporting Logicalis` development of its HP business and in     
delivering the best solutions around server consolidation and virtualisation,   
email management and archiving, enterprise management and managed services.     
This acquisition furthers our geographic reach into the southeast of the US and 
increases our sales and technical talent pool around HP enterprise products and 
services."                                                                      
Datatec Limited  (www.datatec.co.za)                                            
David Pfaff, Group Finance Director            +27 (0) 11 233 1221              
Wilna de Villiers, Group Marketing Manager                                      
                                                                                
College Hill                                                                    
Adrian Duffield/Corinna Dorward (UK press)     +44 (0) 20 7457 2020             
Nick Williams (SA press)                                                        
Note to editors                                                                 
Datatec is an international Information & Communications Technology (ICT) group 
focused on the supply of advanced ICT and the delivery of professional services 
into the higher growth segments of the global market.  The Group`s main lines of
business comprise the global distribution of advanced networking and            
communications convergence products (Westcon), IT infrastructure solutions and  
network integration (Logicalis) and strategic telecommunications consulting     
(Analysys Mason Group). Datatec is registered in South Africa and its shares are
listed in Johannesburg and London.  The Group has 2,500 employees around the    
world.                                                                          
In the year to 28 February 2007, the Group reported an increase in revenue of   
17% to $3,168 million (2006: $2,715 million), operating profit increased 45% to 
$100 million (2006: $69 million), and headline earnings per share grew to 40.80 
cents (2006: 26.9 cents).                                                       
Logicalis (www.logicalis.com) is a global provider of high-performance          
technology solutions. With over 1,300 people worldwide, Logicalis delivers smart
solutions based on specific needs, not the latest IT trend. Logicalis provides  
options, direction and support to more than 5,000 corporate and public sector   
customers. The company contributes its success to the everyday positive         
experiences with its customers and strategic partners such as IBM, HP, Cisco and
EMC.                                                                            
Date: 04/06/2007 08:01:03 Produced by the JSE SENS Department.