2007'02.11.Sun
Avnet Electronics Marketing Asia Signs Regional Distribution Agreement with Broadcom Corporation

January 09, 2007

Partnership Strengthens the Support to Customers of Broadband Communications Market in the Greater China Region SINGAPORE, Jan. 9 /Xinhua-PRNewswire/ -- Avnet Electronics Marketing Asia, a leading distributor of electronic components and a division of Avnet, Inc. (NYSE: AVT), has signed a regional distribution agreement with Broadcom Corporation, a global leader in semiconductors for wired and wireless communications. Broadcom's products enable the delivery of voice, video, data and multimedia to and throughout the home, the office and the mobile environment. Broadcom provides the industry's broadest portfolio of state-of-the-art system-on-a-chip and software solutions to manufacturers of computing and networking equipment, digital entertainment and broadband access products, and mobile devices. "As the Greater China market continues to grow and demand for Broadcom products remains strong, our channel partners play an increasingly significant role," said Thomas Lagatta, Senior Vice President, Global Sales, Broadcom Corporation. "Avnet has been a long-term partner with Broadcom in North America for a number of years. This existing relationship, Avnet's strong global presence, and a vibrant and growing Asia Company made Avnet the logical choice as a distribution channel for Greater China. We look forward to training and releasing the Avnet demand creation engine on the Greater China market." The Broadcom(R) portfolio is diverse, addressing every major broadband communications market. Avnet Electronics Marketing will distribute a variety of solutions, including: -- Digital cable and satellite set-top boxes -- High definition television (HDTV) -- Cable and DSL modems and residential gateways -- High-speed transmission and switching for local, metropolitan, wide area and storage networking -- Home and wireless networking; cellular and terrestrial wireless communications -- Voice over Internet Protocol (VoIP) gateway and telephony systems -- Broadband network and security processors -- System I/O server solutions "There is tremendous synergy between our two companies. Coupled with a solid reputation in the market for technologies and innovations, I am confident this new partnership will accelerate both our businesses and deliver additional benefits to our customers," said Stephen Wong, President of Avnet Electronics Marketing Asia. "Broadcom's approach resonates extremely loudly with Avnet Electronics Marketing, which has always strived to differentiate itself from other firms that merely distribute components by providing a one-stop total solution." "One of Broadcom's key strengths is that it designs, develops and supplies complete system-on-a-chip (SoC) solutions incorporating digital, analog and radio frequency (RF) technologies, as well as related hardware and software system-level applications. Its solutions will fulfil a manufacturer's requirement for high quality, efficiency and cost-effectiveness," said C.C. Lim, Vice President of Marketing of Avnet Electronics Marketing Asia. The Broadcom announcement caps a busy quarter for Avnet Electronics Marketing in which the company received awards from major industry players in China. The company was recognized as the "Best Distributor in the component industry" at the China Component Leader Award Ceremony in Shanghai for the "Passive and Discrete Distribution" category. That accolade comes hard on the heels of this month's announcement that Avnet Electronics Marketing was ranked in the Top 25 of InformationWeek China's list of 100 of the nation's best users of information technology for the second year in a row. About Avnet Electronics Marketing Avnet Electronics Marketing Asia is part of Phoenix-based Avnet, Inc. (NYSE: AVT), a Fortune 500 company with fiscal 2006 sales exceeding USD$14.25 billion. Serving customers in approximately 70 countries, Avnet is one of the world's largest technology marketing, distribution and services companies. Avnet Electronics Marketing has a significant presence in Asia-Pacific -- the fastest growing electronics market in the world. With its regional headquarters in Singapore, the company has 38 locations in 10 countries in Asia. It distributes semiconductors, interconnect, passive and electromechanical components to serve a wide range of customers including original equipment manufacturers (OEMs), electronic manufacturing services (EMS) providers, and small- to medium-sized businesses, and provides associated design-chain and supply-chain services. The company's web site is located at http://www.em.avnet.com Note to editors: this release can also be found on the EBA Web site at http://www.eba.com.hk . For enquiries on releases by email, please call Rosa Lee at (852) 2537 8022 or send a message to rosa@eba.com.hk . Broadcom(R) and Connecting everything(R) are among the trademarks of Broadcom Corporation and/or its affiliates in the United States, certain other countries and/or the EU. Any other trade marks or tradenames mentioned are the property of their respective owners. For more information please contact: Jaime Chan Tel: +852-2410-2735 Email: jaime.chan @avnet.com Brian Paterson (EBA) Tel: +852-2537-8022 Email: brian@eba.com.hk SOURCE Avnet Electronics Marketing
PR
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