08 July 2008
Al-Falak strengthens regional market share following acquisition of Mishaal Al-Sudairy Office for Commercial Services

Al-Falak Electronic Equipment & Supplies Co, a leading provider of technology-based solutions to the Middle East, has recently completed the acquisition of Mishaal Al-Sudairy Office for Commercial Services (MSO) as part of Al-Falak's expansion strategy across the Middle East. The acquisition will provide Al-Falak critical access to leading IT brands and gain leverage for Al-Falak's vision of becoming the region's premier IT company with a dedicated distribution division.

The acquisition specifically enhances Al-Falak's momentum within the Saudi Arabian market wherein MSO has been a major player for over a decade. Moreover, MSO will  significantly expand Al-Falak's portfolio of premium products as MSO is a key distributor of leading international brands such as Microsoft, Symantec, Logitech, Eaton MGE UPS Systems, Targus, D-Link, Avid Pinnacle Systems, POV (Nvidia Graphic Cards), and MGE UPS Systems TwinMOS.

"Al-Falak is gaining ground in its long-term vision of becoming the leading IT company in the region. The acquisition will help consolidate Al-Falak's IT Distribution Division, allowing the current CSA Division to focus on corporate business instead of Reseller channel sales. We are very excited about the new growth opportunities that have been unlocked. I am confident that this growth will further enhance our quality of services to our clients," said Ahmed Ashadawi, President and CEO, Al-Falak.

MSO is a fast-growing trade only distributor that is constantly evolving and adapting to market demands to meet all the needs of the reseller community. The company operates through its head office in Riyadh and branches in Jeddah, Al Khobar, Dubai and Jebel Ali Free Zone.

"The move has been highly beneficial to both MSO and Al-Falak as combining our resources and expertise we will definitely provide more energy to our expansion initiatives and enhance our competitive edge in the market. The increased sales force will likewise enable us to better serve our clients, particularly in the Saudi Arabian market, which continues to offer excellent growth opportunities," said Agnello Fernandes, General Manager of MSO.

MSO's reputation throughout the Saudi market as a model of professionalism, competence and quality has also been a key factor in the acquisition as these are vital in boosting Al-Falak's image and status, and strengthening its presence across the regional market

"Al-Falak will be able to substantially improve its capacity to serve key markets across Saudi Arabia through MSO's excellent logistics and comprehensive network of reseller partners. The joint forces of Al-Falak and MSO will certainly make us more dynamic and give us greater flexibility to cater to various customer demands and subsequently increase our market share in the Kingdom," said Ashadawi.

For over 27 years, Al-Falak has delivered enterprise IT solutions through a network of offices and trained technical personnel throughout the Middle East. Al-Falak's portfolio of business partnerships include leading solution and software providers, hardware and consumable manufacturers, business consultancy firms and implementation specialists. The company has been aggressively expanding its facilities and networks as it pursues its expansion strategy across the region.

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About Al-Falak Electronic Equipment & Supplies Company:
Al-Falak Electronic Equipment & Supplies Co. is a leading IT and communications solution provider that has been ranked by the Arab News as one of the top 100 companies in Saudi Arabia for the past four years.

With over 26 years of experience and operations throughout the Middle East, the company is focused on delivering complete end-to-end solutions and provides a wide range of products and services including system solutions and consulting; system integration and networking; IPTV solutions; analytical and business intelligence and data warehousing; IT Risk Mitigation; Enterprise resource planning (ERP); application software solutions; computer supplies and accessories; e-business; civil/general contracting; project management and manpower outsourcing.

Since its establishment in 1981, Al-Falak has been providing both public and private organizations with a unique blend of IT consultancy and customized IT solutions. Its strategic partnerships with leading  international IT companies has positioned Al-Falak to meet the most demanding IT requirements of its clients, while assuring maximum client satisfaction.

For more information about Al-Falak, please visit www.alfalak.com

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© Press Release 2008