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Dell's Direct Model Drives Growth Worldwide, the Company Tells Shareholders at Annual Meeting

Posted on: Friday, 21 July 2006, 09:00 CDT

Dell (NASDAQ:DELL) is proving the worldwide applicability of its direct business model, steadily increasing the percentage of its revenues outside the U.S. and resulting in continued expansion, growth and profitability, CEO Kevin Rollins told shareholders today at the company's annual meeting.

"The direct model remains a powerful differentiator for our global business, providing a unique relationship with our customers and a clear cost advantage over our competitors," Mr. Rollins said.

In formal business at today's meeting, shareholders:

-- Re-elected nine company directors: Donald J. Carty, Michael S. Dell, William H. Gray III, Judy C. Lewent, Klaus S. Luft, Alex J. Mandl, Michael A. Miles, Samuel A. Nunn Jr. and Mr. Rollins, and elected two new directors, Sallie L. Krawcheck and Alan (A.G.) Lafley;

-- Rejected a shareholder proposal regarding adoption of a global human rights standard;

-- Rejected a shareholder proposal regarding the declaration of a dividend; and

-- Ratified PricewaterhouseCoopers LLP as Dell's independent auditor for fiscal 2007.

About Dell

Dell Inc. (NASDAQ:DELL) listens to customers and delivers innovative technology and services they trust and value. Uniquely enabled by its direct business model, Dell sells more systems globally than any computer company, placing it No. 25 on the Fortune 500. Company revenue for the past four quarters was $56.7 billion. For more information, visit http://www.dell.com. To get Dell news direct, visit http://www.dell.com/RSS.

Dell is a trademark of Dell Inc.

Dell disclaims any proprietary interest in the marks and names of others.

Source: Business Wire

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