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Intelligent Electronics Shareholders Approve Sale of Reseller Network to Ingram Micro

EXTON, Pa., July 16 /PRNewswire/ -- Intelligent Electronics, Inc., (NASDAQ:INEL) today reported that the shareholders have approved the sale of the Company's indirect business, the Reseller Network, to Ingram Micro, Inc., (NYSE:IM) headquartered in Santa Ana, California, and the adoption of the stock purchase agreement.

-0- 07/16/97

Source: Intelligent Electronics, Inc.

CONTACT: Fran Barsky, Director, Investor Relations of Intelligent
Electronics, 610-458-6668, or

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