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PHOENIX -- Avnet Electronics Marketing, an operating group of Avnet, Inc. (NYSE: AVT), has been awarded Murata Electronics North America's 2006 President's Award.
Avnet was selected for this award based upon its outstanding performance during Murata's 2006 fiscal year, which ended in March of 2007. The award recognizes Avnet's year-on-year sales growth, sales achievement, new customer expansion, and Avnet's outstanding contribution to Murata's success.
"Avnet represents how mutually successful supplier-distributor relationships can be. This award underscores the importance of that partnership," said Hideo Sakamoto, president of Murata Electronics North America. "In 2006, Avnet renewed their commitment to interconnect, passive and electromechanical products. Further, the company demonstrated effective leadership on this commitment - engaging Murata throughout their organization, across all product lines."
Tom McCartney, senior vice president of IP&E business development worldwide for Avnet Electronics Marketing, accepted the award on the company's behalf. "It's an honor to be recognized by Murata and I take great pride in accepting the 2006 President's Award on behalf of the entire Avnet team," said McCartney. "Murata is truly a global leader when it comes to the design and manufacture of ceramic-based passive electronic components and modules, and Avnet is proud to partner with Murata in making solutions-oriented technology readily available to our customers around the globe. This award, coupled with our recent award of Global Distributor of the Year from C&D Technologies, a power supply company that Murata recently acquired, makes for a truly exciting and strong relationship ahead. I look forward to an even better year to come."
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 73 countries, distributing electronic components from leading manufacturers and providing associated design-chain and supply-chain services. The group's Web site is located at www.em.avnet.com/.
About Avnet
With more than 300 locations serving customers in 73 countries worldwide, Avnet 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 June 30, 2007, Avnet generated revenue of $15.68 billion. Visit www.avnet.com/.
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CONTACT: Avnet Electronics Marketing
Jody Janusch LaRoque, Public Relations,
480-643-2547
jody.janusch@avnet.com
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