Tech Channel Index Reports Q210 Technology Sales Down in Western Europe and up in the East, with Indicators of Continued Year-over-Year Growth Through Q310

REDWOOD CITY, Calif.--(BUSINESS WIRE)--Tech Channel Index (TCI) reported today that technology channel sales, including computers and related products, consumer electronics, and IT hardware, in Western Europe weakened during Q2 2010 by five percent compared to 2009, while sales in Eastern Europe grew by over 30 percent in the same period.

Other regions of EMEA were mixed. Sales in Portugal, Italy, Ireland, Greece and Spain (PIIGS) worsened, while sales remained flat in Scandinavian and Middle-East regions. Further, Eastern Europe continues to outperform its Western European neighbors through the first six weeks of Q3 2010, with an overall three percent sales growth vs. the same period in 2009, excluding currency translation.

Channel inventory levels in Q2 2010 were not uniform across Europe. TCI data indicated significant inventory excesses in Ireland, Turkey, France and Germany, while Russia, Poland, Finland, Spain and Switzerland had leaner inventory levels compared with 2009.

Visit the TCI Momentum Index for up-to-date weekly history of channel sales volume globally or regionally. Additionally, get ongoing channel updates by following TCI on Twitter at #ZymeTCI.

About Tech Channel Index

Zyme’s patent-pending Tech Channel Index is based on aggregation of data from high-tech companies that opted to participate in the program. Participant data is treated with absolute confidentiality and security per Zyme’s ISO 27001 certified processes. Each week, TCI is updated with over 7 million cleansed, high-tech channel transactions from over 2000 distributors and retailers in over 140 countries. Participating companies represent over $30 billion in annual channel sales in multiple product categories. TCI data is also available for partners and research firms as a market intelligence resource. For more information, contact [e-mail].

About Zyme

Zyme Solutions is the leading provider of secure channel data solutions for global technology companies. Zyme supports customers with verified channel sales and inventory data from partners in 180 countries to better manage mission-critical business processes like revenue recognition, SOX compliance, incentive payments, sales commissioning, and supply chain planning. A pioneer of “Data-as-a-Service,” Zyme also offers cloud-based data and analytics applications, and seamlessly integrates with CRM and ERP systems such as Salesforce.com, SAP and Oracle. In recognition of its leadership, Zyme won a 2009 Informatica Innovation Award and is a 2010 Computerworld Honors Program Laureate. For more information, visit www.zymesolutions.com.