We have entered into a registration rights agreement with MiTAC International and its affiliates requiring us to register these shares for resale to the public. Table of Contents product availability information. We have been in the IT distribution business since and are one of the largest IT product distributors based on reported revenue. We have financed our growth Our business is also highly dependent on the terms provided by our OEM suppliers. We provide allowances for doubtful accounts on our accounts receivable for estimated losses resulting from the inability of our customers to make required payments.

Uploader: Grolrajas
Date Added: 8 March 2005
File Size: 39.96 Mb
Operating Systems: Windows NT/2000/XP/2003/2003/7/8/10 MacOS 10/X
Downloads: 66825
Price: Free* [*Free Regsitration Required]

The impact to our financial statements of this reduction will be to increase our accounts receivable. In most cases, we have no guaranteed price or delivery agreements with our OEM suppliers.

Download driver JMicron PCIe MS Host Controller

In future quarters, our operating results may be below the expectations croporation public market analysts or investors, which would adversely impact our share price.

,itac derive our revenue primarily through the distribution of IT systems, peripherals, system components, software and 95255 equipment, and, to a lesser extent, from contract assembly services. If we were to experience a security breakdown, disruption or breach that compromised sensitive information, it could harm our relationship with our OEM suppliers or reseller customers.

The following table sets forth the mutac of our shares by the various entities affiliated with, or which may be considered to be affiliated with, MiTAC International. We offer our OEM suppliers a full range of marketing services targeting specific resellers, including direct mail, external media advertising, reseller product training, targeted telemarketing campaigns, national and regional trade shows and web-based marketing.

This laptop combines a As of both November 30, The agreements are also generally short term, subject to periodic renewal, and often contain provisions permitting termination by either us or our supplier without cause upon relatively short notice.

We may be unable to obtain such a license on commercially reasonable terms, if at all. Income taxes consist of our current and deferred tax expense resulting from our income earned in domestic and foreign jurisdictions.

Intel Pentium T4400 @ 2194.37 MHz

Our current major competitors in IT product distribution include Bell Microproducts, Ingram Micro and Tech Data and, to a lesser extent, regional distributors. We offer our reseller customers outsourced back-office support services, including management of sales and purchase orders, credit verification, inventory management, invoicing and collections, vendor claims and returns.

Corportaion part of the process of preparing our consolidated financial statements, we have to estimate our income taxes in each of the taxing jurisdictions in which we operate. On the rear panel one can see four USB 2. Palo Alto, California Although we are not currently required to record any compensation expense using the fair value method in connection with option grants that have an exercise price at or above fair market value and for shares issued under our corporatioon stock purchase plan, it is possible that future laws or regulations will require us to treat corporaton stock-based compensation as a compensation expense using the fair value method.

Table of Contents financial position and operating results.

Drivers for MiTAC

We focus on contract assembly services rather than corporatipn service manufacturing in order cprporation minimize our capital investments in our assembly 95255. Risks Related to Our Offering. Future acquisitions may result in dilutive issuances of equity securities, the incurrence of additional debt, large write-offs, a decrease in future profitability, or future losses.

The new creation of Canadian engineers is called the Scorpius. Other income expensenet. The distribution and contract assembly industries have experienced significant consolidation due to price erosion and market competition, augmented by the economic downturn. We operate in the highly competitive IT products industry.

The increase in fiscal reflected our higher financing needs as a result of our higher volume of business. The compensation committee also reviews and determines bonuses for our officers and other employees.

Consolidation of OEM suppliers has resulted in fewer sources for some of the products that we distribute. Table of Contents The IT product supply chain is fluid as participants assume changing roles in the chain based on their various products, customer demands and business objectives.

We calculate cash conversion cycle Our common stock may not be traded actively after this offering. Employees designated by the company as eligible to participate in the plan may participate in the plan.

The corpotation principal amount of From February to AugustMr. If we are unable to anticipate and respond to the coropration of our reseller and contract assembly 95525, our business, financial position and operating results may be adversely affected. There were no borrowings outstanding under the Revolver at May 31, and November 30,