Gateway seals $2 million contracts at Gitex

Published November 2nd, 2000 - 02:00 GMT

American desktop PC producer, Gateway, has sealed contracts worth $2 million at the Gitex information technology exhibition, which closed at the Dubai World Trade Center last night, according to a company press release. The company, which used the show for the worldwide launch of its new Solo ultra-portable laptop, said another $3 million could result in follow-through business. 


“We have taken orders for 1,000 units which are a mix of products,” explained Lenia Iacovides, director international markets, Gateway. “These are now bound for the oil industry in Saudi Arabia and manufacturing sector in Ghana.”  


Gateway, a Fortune 250 company founded in 1985, focuses on technology personalization. Ranking number one in US consumer PC revenue in 1999, Gateway was rated among the top ten best corporate reputations in America according to a survey conducted in August of 1999 by Harris Interactive and the Reputation Institute and published in The Wall Street Journal.  


In 1999, Gateway was seventh in total return to shareholders among Fortune 500 companies and tenth in total shareholder returns over the past five years. Gateway had total global revenue of $8.65 billion in 1999. Gateway began its European operations in 1993 when it opened its manufacturing plant and European Middle East and Africa headquarters in Dublin, Ireland. — (Albawaba-MEBG)

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