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Avnet & Samsung Ink Global Deal

PHOENIX — Avnet Electronics Marketing, a business group of Avnet, Inc. (NYSE: AVT), has signed a global distribution agreement with Samsung Electro-Mechanics Co., Ltd, one of the world's largest manufacturers of advanced electronics components. This agreement will enable Avnet Electronics Marketing to bring Samsung Electro-Mechanics’ line of state-of-the-art electronics passive components to their customers around the world.

Samsung Electro-Mechanics offers a broad line of high-tech material components such as: multi-layer ceramic chip capacitors, tantalum capacitors, chip beads/inductors, chip resistors and crystal. To view Avnet’s entire offering of Samsung Electro-Mechanics products, visit the Avnet Electronics Marketing e-Commerce website: www.AvnetExpress.com.

“We chose to partner with Avnet because of their world-class sales and technical support and logistics expertise,” said Dr. CJ Choi, executive vice president/chief of business unit for Samsung Electro-Mechanics. “We are looking forward to making our technology available to Avnet’s global customer-base.”

“Purchasing professionals and design engineers will benefit from the combination of Samsung Electro-Mechanics’ broad portfolio of leading-edge technology and Avnet’s design chain and supply chain expertise,” said Tom McCartney, senior vice-president of IP&E business development worldwide, Avnet Electronics Marketing. “This relationship further enables Avnet to meet our customers’ dynamic demands the world over.”

{complink 577|Avnet Inc.}

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