Converge Opens Trading Center In California


Growth in Demand for Expertise on West Coast Leads Converge to Irvine Opening

PEABODY, Mass., Oct. 16 / -- Converge, a leading independent distributor of electronic components, technology products and supply chain services, announces the opening of a new trading center in Irvine, California. This new strategic location will enable Converge to meet an increasing supply chain demand from a rapidly growing customer and partner base for the company's expertise and knowledge.

To lead the Irvine office, Converge has named Ron Wood as director of West Coast operations. Wood, a veteran of the electronic components distribution industry, brings more than 15 years of experience to Converge. He previously served in management positions for independent electronics distributors and possesses an acute knowledge of the marketplace.

"Opening a new trading center on the West Coast strategically increases our ability to grow and position our business to meet the needs of customers and partners," said Frank Cavallaro, chief executive officer of Converge. "We're committed to expand our company's footprint both internationally and domestically, with Irvine playing an integral part in our global trading network. With the addition of Ron Wood, the new trading center immediately possesses the unparalleled level of skill and know-how necessary to meet our clients' requirements."

"It's an exciting time to become a part of Converge, and I'm looking forward to driving its continued growth in my new position," said Wood. For over a decade he's been working at the forefront of the independent electronic components distribution industry. This experience will be invaluable as he strives to make California one of Converge's leading trading centers in its global distribution network.

The new Converge trading center in Irvine joins 10 logistics centers, six trade support centers and two major trading hubs in North America. Companies seeking to contact the new Irvine location should call 949-341-0021 or email info@converge.com.

About Converge
For more than 25 years, Converge has provided expert services in the areas of procurement, asset recovery, finished goods remarketing, global logistics and market intelligence. With a global network of more than 6,500 trading partners in 139 countries, Converge can meet supply chain requirements with maximum speed, efficiency and flexibility. The company's headquarters is in Peabody, Mass., and it has additional trading hubs in Austin, Texas, Singapore and Amsterdam, along with support centers throughout Europe, Asia and the Americas. For more information about Converge, visit www.converge.com.

FCMN Contact: jdrake@schwartz-pr.com

Source: Converge

CONTACT: Mark B. Romanowski of Converge, +1-978-538-8570, mark.romanowski@converge.com; Bill Keeler or Justin Drake of Schwartz Communications for Converge, +1-781-684-0770, converge@schwartz-pr.com

Web site: www.converge.com/

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