NETEXNETEXPAZAR

Neteks was established to provide network and communication products to the market through its retailers and business partners as a distributor company in1996. Neteks has aimed to provide complete network solutions to business partners by accommodating the most experienced names in their fields in Turkey. Besides the corporate networks systems and its components of the companies such as Cisco, Nortel Networks, 3Com, HP, Juniper and Avocent, Neteks A.Ş. also distributes corporate telephone switchboard systems of Nortel Networks and Avaya, structural cable products of HSC, Corning, Panduit and Gunko, network security solutions of Check Point, Trend Micro and IBM ISS.

The main product groups and brands distributed by Neteks are listed below:

PRODUCT GROUP BRANDS
Corporate Networking Systems Cisco System, Nortel Networks, 3Com, HP,Juniper, Avocent
Corporate Telephone Switchboard Systems Nortel Networks, Avaya
Structured Cabling Solutions Corning, HCS, Panduit, Günko
Network Security Solutions Check Point, Trend Micro, IBM ISS

Neteks was subject to an Independent Audit and it achieved sales revenue of TRL 99.640.222 in 2009 according to its audit report which is prepared in accordance with International Financial Reporting Standards as required by the Capital Market Regulations. The financial statements show that the company earned an operating profit of TRL 2,095,566 and net profit of TRL 998.032 in 2009.

70% and 24% of the share of Neteks were acquired by İndeks and Datagate A.Ş., respectively, in 2001. In 2007, 6% of Neteks A.Ş.’s shares which are held by other shareholders were acquired by Indeks A.Ş. at US$ 374.000. Our company kept 50% of shares for itself and sold 26% to Westcon Group European Operation Limited at US$ 1.820.000. According to the agreement signed between the parties, 24% of the shares of Neteks İletiŞlim Ürünleri Dağıtım A.Ş. held by Datagate Bilgisayar A.Ş, as a 59,24% affiliate of İndeks Bilgisayar A.Ş. and listed in Istanbul Stock Exchange, were sold to Westcon Group European Operation Limited at US$ 1.680.000.

Of the 50% shares sold, 26% and 24% were provided by İndeks Bilgisayar Sistemleri Muhendislik Sanayi ve Ticaret A.Ş and Datagate Bilgisayar Malzemeleri Ticaret A.Ş., respectively. İndeks Bilgisayar A.Ş. and Westcon Group have had 50-50% of the shares of Neteks A.Ş. after the sale of shares.

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