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January 24, 2007 - Avnet Electronics Marketing Reaches Sales Milestone with Analog Devices

PHOENIX -- Analog Devices, Inc. has recognized Avnet Electronics Marketing Americas for reaching a new sales milestone in the Americas region. Avnet is Analog Devices' only distributor to exceed $200 million in sales for the latter's fiscal year 2006.

Analog Devices Director of North American Distribution Sales Phil Fraser presented Avnet with an award for this achievement. "Analog Devices has always been very pleased with Avnet's performance in all aspects of the business, and we are honored to recognize the 2006 milestone achievement," said Fraser. "We appreciate the benefits that come to Analog Devices through our collaboration with Avnet and look forward to our mutual continued success."

Avnet is a premier distributor of Analog Devices' portfolio. In addition to a large complement of factory-trained certified field applications engineers (FAEs) and a close working relationship at all levels of both organizations, Avnet has made significant investments in Analog Devices products, including stocking its latest releases (visit the Analog Devices New Products Center for more details). "Avnet remains committed to supporting Analog Devices, using the full breadth and depth of our organization. It's great to see these kinds of results and I'm happy to accept this award on behalf of the Avnet team," said Phil Gallagher, president of Avnet Electronics Marketing Americas. "Analog Devices is truly a market innovator when it comes to products, product support and expertise. Together Avnet and Analog Devices provide the best solutions, flexibility and innovation in designing and sourcing products for our customers today and into the future."

For more information, please visit the Analog Devices gateway on Avnet's web site at http://www.em.avnet.com/adi.

About Avnet Electronics Marketing
Avnet Electronics Marketing is an operating group of Phoenix-based Avnet, Inc. (NYSE:AVT), a Fortune 500 company. Avnet Electronics Marketing serves electronic original equipment manufacturers (EOEMs) and electronic manufacturing services (EMS) providers in 70 countries, distributing electronic components from leading manufacturers and providing associated design-chain and supply-chain services. The group's Web site is located at http://www.em.avnet.com.

About Avnet
With more than 250 locations serving customers in 70 countries worldwide, Avnet (NYSE: AVT) markets, distributes and adds value to the products of the world's leading electronic component suppliers, enterprise computer manufacturers and embedded subsystem providers. Additionally, Avnet brings a breadth and depth of service capabilities, such as supply-chain optimization, logistics solutions, product assembly, device programming, computer system integration and engineering design assistance. For the fiscal year ended July 1, 2006, Avnet generated revenue of $14.25 billion. Visit www.avnet.com/.

CONTACT:
Avnet Electronics Marketing
Public Relations
Jody Janusch LaRoque, 406-624-6171
jody.janusch@avnet.com

Copyright Business Wire 2007

 

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