Avnet Electronics Marketing
Jody Janusch LaRoque, Public Relations
PHOENIX – June 9, 2008 – Avnet Electronics Marketing, an operating group of Avnet, Inc. (NYSE: AVT), today announced its specialty interconnect, passive and electromechanical (IP&E) division has been named Distributor of the Year by Stackpole Electronics, Inc. (SEI).
Avnet received the award based upon achieving the highest percentage of year-on-year sales growth for 2007. Avnet was also named Distributor of the Year by SEI in 2005. “It’s an honor to be chosen to receive this award for a second time in three years,” said Ed Smith, senior vice president of sales for Avnet Electronics Marketing Americas. “The Avnet team has truly made a conscious effort to engage with SEI across all technologies and the supply chain to help our engineering customers continue to expand the limits of their power management design applications. We are proud to have those efforts recognized in such a positive way.”
“Avnet was the fastest growing distributor partner for Stackpole in 2007, and we are pleased to present them with our Distributor of the Year Award for 2007,” said Jamie Mullane, chief operating officer of Stackpole Electronics, Inc. “In addition to having the largest year-over-year growth, Avnet has also done an excellent job partnering with Stackpole to sell all of our technologies. We are excited about the current opportunities as we continue to grow together in 2008 and beyond."
For more information about Avnet and SEI, please visit www.em.avnet.com/stackpole.
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 more than 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 Avnet, Inc. (NYSE:AVT) is one of the largest distributors of electronic components, computer products and technology services and solutions with more than 300 locations serving more than 70 countries worldwide. The company markets, distributes and optimizes the supply-chain and provides design-chain services for the products of the world's leading electronic component suppliers, enterprise computer manufacturers and embedded subsystem providers. Avnet brings a breadth and depth of capabilities, such as maximizing inventory efficiency, managing logistics, assembling products and providing engineering design assistance for its 100,000 customers, accelerating their growth through cost-effective, value-added services and solutions. For the fiscal year ended June 30, 2007, Avnet generated revenue of $15.68 billion. For more information, visit www.avnet.com.