NHR Company Timeline

1986

• Strand Computer Resale founded by Chuck Sheldon
• First office location in Hermosa Beach, CA

1995

• First order fulfillment location added in Goleta, CA
• Product portfolio shifts to networking equipment and Cisco brand

1996

• Company changes name to Network Hardware Resale
• Revenues exceed $1 million
• First corporate logo developed

2000

• Revenues exceed $20 million
• Office moves to 10,000 sq. ft. facility in Goleta, CA
• NHR debuts on Inc. 500 list of America’s fastest growing privately held companies

2002

• EMEA headquarters opens in Amsterdam with office, test lab and order fulfillment facilities

2003

• Revenues exceed $50 million

2004

• Santa Barbara testing and order fulfillment center moves to 25,000 sq. ft. location

2005

• Revenues exceed $100 million
• Sales office opens in Hoboken, NJ
• Santa Barbara corporate offices move to current 26 Castilian address, total space reaches 50,000 sq. ft.
• Allied Capital invests $50 million in NHR
• Chuck Sheldon retires as CEO, continues as chairman of the board
• Mike Sheldon named CEO
• Employee headcount surpasses 100

2006

• NHR partners with Force10 Networks; first reseller agreement to sell new equipment
• NHR honored as Private Company of the Year by Pacific Coast Business Times
• NHR unveils GovLink program for U.S. federal government procurement

2007

• Revenues exceed $175 million
• APAC headquarters opens in Singapore with office, test lab and order fulfillment facilities
• NHR signs regional resale partnership with Riverbed Technologies for APAC
• Employee headcount surpasses 200
• NHR selected by Inc. magazine for first ever list of America’s 5,000 Fastest Growing Companies
• NHR’s Amsterdam location earns ISO 9001:2000 certification

2008

• Revenue Forecast:  $205 million
• Sales offices open in London
• NHR launches NetSure™ Hardware Maintenance Program
• NHR becomes ISO 9001:2000 and TL 9000 certified for its North American locations
• Dallas location opens