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Tech Data Now Offering SquareTrade Protection Plans

(January 17, 2013)

CLEARWATER, Fla., Jan. 17, 2013 (GLOBE NEWSWIRE) -- Tech Data Corporation (Nasdaq:TECD), one of the world's largest distributors of IT products and services, today announced it has partnered with SquareTrade, the industry's top-rated protection plan provider, to make SquareTrade available to its more than 60,000 resellers in the United States. Tech Data is currently the only distributor in the IT channel offering SquareTrade. The partnership makes SquareTrade protection plans immediately available for tablets, TVs and projectors, laptops and desktops, printers and scanners, cameras and camcorders, MP3 players, and monitors.



"With SquareTrade, our solution providers can offer their customers a simple, dependable and cost effective way to protect their IT product investments," said Bill Brooks, vice president, Technical Services at Tech Data. "We understand that products break frequently in the technology-centric lives we lead, which is why we feel strongly about giving our solution providers added assurance by offering protection plans. SquareTrade's easy online management platform also makes for a no-hassle experience for our solution providers and end-users."  



SquareTrade's protection plans through Tech Data cover all mechanical and electrical failures from normal use, including 100% of the cost of parts and labor with no deductibles across all product lines. Already available to consumers at Amazon, Costco, Sam's Club, TigerDirect, Toshiba, Vizio, eBay, QVC, and more, SquareTrade offers 24/7 customer support and a five-day or less service guarantee.


"We are delighted to make SquareTrade available to Tech Data's large network of more than 60,000 resellers in the United States," commented Dina Furash, senior vice president of Strategic Partnerships at SquareTrade. "As the industry's only consumer-branded protection plan – known for world-class service, value and transparency – we believe that SquareTrade will be a true differentiator for these resellers and end users. We look forward to a great partnership."




Solution providers who choose to purchase a SquareTrade three-year protection plan will receive extended coverage from date of purchase for TVs and projectors, laptops and desktops, printers and scanners, cameras and camcorders, MP3 players, and monitors. The tablet protection plan includes drops and spills coverage for two years from date of purchase.



"Tablets are becoming more popular in the classroom but tend to fall victim to breakage or accidents," said Larry Grippo, vice president of Sales at Corporate Computer Solutions. "SquareTrade's unlimited repairs and no deductibles allow our customers to focus on teaching with the tablet and not on how they are going to pay for it if it breaks."



For more information on SquareTrade or to speak with Tech Data's SquareTrade team, contact (800) 237-8931, ext. 64257 or tdoncall@techdata.com.



About Tech Data



Tech Data Corporation is one of the world's largest wholesale distributors of technology products, services and solutions. Its advanced logistics capabilities and value added services enable 125,000 resellers in more than 100 countries to efficiently and cost effectively support the diverse technology needs of end users. Tech Data generated $26.5 billion in net sales for the fiscal year ended January 31, 2012, and is ranked 109th on the Fortune 500®. To learn more, visit www.techdata.com.



The Tech Data Corporation logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=10666



About SquareTrade



SquareTrade is the top-rated protection plan trusted by millions of happy customers for its fast and exceptional service. SquareTrade protects mobile devices, laptops and tablets, and other consumer electronics and appliances from malfunctions, accidental damage and life's frequent mishaps. Unlike old-fashioned warranties, SquareTrade is designed for today's consumer and uses innovative technology to deliver a zero hassle claims process. SquareTrade has more than 180,000 fans on Facebook, consistently wins industry awards and receives thousands of 5-star reviews for its legendary customer service. Top retailers around the world offer SquareTrade, achieving a 200% increase in sales on average and happier customers. SquareTrade's rapid transformation of the warranty industry attracted one of the largest private capital raises in 2012, with a $238 million round led by Bain Capital and Bain Capital Ventures. Headquartered in San Francisco and London, SquareTrade is privately held. For more information, go to www.squaretrade.com.


CONTACT: MEDIA CONTACT
Amanda Little
Public Relations Manager
(727) 538-5803
amanda.little@techdata.com



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