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I
am confident Pioneer Electronics will become the leading
line of consumer electronics within the RTO channel
Chuck Marsh, senior vice president
purchasing, SED International, Inc.
SED International today announced an agreement to provide
consumer technology products from
Pioneer Electronics (USA) Inc. to the rent-to-own retail
market. SED International, Inc. will distribute plasma displays,
home audio, and home video products from Pioneer to the growing
rent-to-own retail industry.
SED International, Inc., a leading digital technology
distributor headquartered in Atlanta, supplies information
technology products, wireless telephones (cellular) and consumer
electronics to the nation's leading value added resellers,
technical solution providers and rent to own stores. The RTO
market produced approximately $8 billion in revenues in 2003, up
$300 million from the prior year. The market is serviced by
approximately 8,300 storefronts.
"The addition of SED International, Inc. to Pioneer's roster
of authorized dealers and distributors brings our high quality
home entertainment offerings to the rent-to-own channel,
providing more consumers the opportunity to experience Pioneer's
high quality audio and video products," said Frank Kendzora,
vice president of sales, Pioneer Electronics (USA) Inc.
"SED International, Inc. is very excited about our new
relationship with Pioneer Electronics," said Chuck Marsh, senior
vice president purchasing, SED International, Inc. "I am
confident Pioneer Electronics will become the leading line of
consumer electronics within the RTO channel."
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