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Nassau, Bahamas
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·Lenovo take over IBM PC Division
(with video)

  The Nassau Guardian
  Wednesday, September 7th, 2005
·Amoury Shows off Latest Technology
  The Freeport News
  Tuesday, August 23rd 2005
 
 Nassau-based IBM partners included in Lenovo take over IBM PC Division
The Nassau Guardian
September 7th, 2005
  By BARRY WILLIAMS
Guardian Staff Reporter
barry@nasguard.com

Watch the Video

Lenovo Group Limited, the techno giant that develops, manufactures and markets personal computers (PC), recently purchased the Personal Computing Division of IBM for 1.25 billion dollars which boosted the company’s rank as the third largest PC vendor around the globe.
 

Since the purchase Lenovo has inherited all of IBM’s business partner relationships. This includes Bahamas-based Armoury Company Ltd. and Bahamas Business Solutions which are both authorised to sell IBM products that will now carry the Lenovo brand name.

Although Lenovo products are popular in several markets, its most lucrative market is China which carries the most extensive line of products produced by the mega technology company. However, smaller markets, such as The Bahamas, were assured of its importance under the Lenovo domain. The company feels that extensive opportunities to expand market share will exist through new, and hi-tech products marketed to consumers.

“We came to reassure our partners and customers that The Bahamas still remains a very important market for us,” said Claude Duncan, Business Partner Manager at Lenovo Group Limited in Jamaica.

“The same world class products they are used to which provides lowest cost of ownership and the highest return on investment will continue to [be offered],” added Mr Duncan, who has responsibility for authorised sellers of IBM products in the Caribbean region.

Since the acquisition, one of the products touted on the market is the ThinkPad X41 Tablet which has received good reviews, as well as editor’s choice awards. “Where some may see the PC as a commodity with no more room for innovation, we see it just beginning to realize its potential as a tool for productivity and improvement in customers’ business and personal lives,” pointed out a press statement released by the company.

The company also announced that it would be undertaking a brand building exercise which could take a few years. In the meantime customers will continue to see the IBM logo on most logo products until that happens. Its really up to the store owners to educate consumers about the new brand.

Further into the process the computers and related products might carry both the IBM and Lenovo brand labels until IBM is phased out altogether, pointed out Mr Duncan. It’s a strategy that the company’s moguls are debating on right now.

Fortune 500 Magazine has also ranked Lenovo in the top five of technology companies. The company, which rakes in around $13 billion in annual revenue, reported a six per cent jump in profit for the second quarter, some of which it attributed to the IBM purchase.

Additionally, with the new acquisition, the company has ambitions of doubling its profits within three years. Reuters also reported “the firm said it expects the merger to generate cost savings of about US$200 million a year”.

Although analysts were initially skeptical about the profitability of the buy out when it was first announced a few months ago- shares on the markets dropped considerably- faith in the company has rebounded.

Up to last month Lenovo reported that its shares were 6 per cent over what it was when the company decided to acquire IBM.

The Armoury Company in Nassau hosted a press conference where Mr Duncan gave an overview of the Lenovo acquisition.

 
 Amoury shows off Latest Technology
The Freeport News
Tuesday, August 23rd 2005
  By JEREMY FRANCIS
Freeport News Reporter

THE LATEST IN TECHNOLOGY — Amoury Company Ltd.'s sales team is pictured with the company's general manager, Thomas A. Leeder, third from left, at the company's trade show last week. The trade show showcased some of McAfee's, Canon's, and Fujitsu's latest products.

Some of technology's latest hardware and software products designed to increase maximum workplace efficiency were on display for the Grand Bahama business community's observance last week during a trade show hosted by Amoury Company Ltd. in the Grand Ballroom at Our Lucaya.

Entitled "Disaster Recovery: Are You Ready?" the trade show's primary focus was on products that can minimise a company's downtime and protect the company's data, whether through virus protection or to the extreme catastrophic event similar to Hurricanes Frances and Jeanne last year, Amoury Company Ltd. General Manager Thomas A. Leeder said.

Mr. Leeder noted that persons visiting the trade show met with a wide variety of vendors both from the United States and locally. Among them were big names such as McAfee, Canon, and Fujitsu.

A wide variety of McAfee products, ranging from ad blockers to spy filters to spyware removal tools, were on display at the trade show. The company is a leading manufacturer of anti-virus products for the corporate environment.

Sonicwall representatives were also in attendance. Sonicwall is a leading manufacturer of hardware firewalls which gives corporations the power to stop hackers and malicious users from accessing their networks and also controlling a user's ability to access the internet within an organisation.

A select range of scanners by both Canon and Fujitsu were also shown. According to Mr. Leeder, these products allow companies to take their paper documents and create digital images on their computers which can then be backed up and placed in a secure location and retrieved should a disaster occur.

Other products to view included Iware Payroll Solutions, a payroll programme that was written by Andrew Roberts, a well-known and respected Grand Bahamian for the Bahamian market.

"Payroll Solution addresses the needs of processing payroll in The Bahamas," Mr. Leeder explained. "It calculates and performs all of the National Insurance deductions automatically. Then, at the end of the month, you can print a report to be submitted to NIB with all of the contributions for the month. The Amoury Company is an authorised reseller of the Iware product line."

Also on hand was Ace Retail Point of Sale systems, which offers everything from entry level POS systems to replace your cash register to multi-user systems that can be used in multiple-lane convenience stores.

Founded in 1941 in Nassau, Amoury Company Ltd. is the oldest and most respected office products and supplies provider. They are the largest IBM Business partner in The Bahamas and have won many prestigious awards from IBM, including the coveted Blue Ribbon award.

They are the largest Canon and Kyocera Mita dealer in The Bahamas and are the exclusive Kyocera Mita, Pitney Bowes, Kronos and Dictaphone dealer in the country.

The company prides itself on providing a service that is second to none.

"I would like to thank the Grand Bahama business community for so wholeheartedly supporting our trade show and making it such a resounding success," Mr. Leeder stated. "Due to the turnout, we are now looking into making this an annual event and will be actively looking into how such an event can best serve the Grand Bahama business community."

 
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Dispensing System
 
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Total Cost Recovery
for all Expenses and
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Kronos Frontline Labour
Management Solutions

Employee timekeeping
 
 
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