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December 21, 2006 - Infineon Names Avnet Electronics Marketing Top Distributor

PHOENIX -- Semiconductor manufacturer Infineon named Avnet Electronics Marketing its 2006 Distributor of the Year.

The award comes as a result of combined efforts in business development, revenue and demand creation, and customer engagement across the wireless communications, automotive, industrial, computer, and security and chip card markets. With leading numbers in revenue and demand creation, Avnet and Infineon collectively grew their top customers by 25 percent.

"Avnet earned the honor as our top distributor based on revenue and demand creation and overall excellence in customer engagement," said Pierre Laboisse, Senior Director of Distribution & EMS, Infineon Technologies North America. "Together we developed a focused approach that utilizes the core competencies of both companies, ultimately contributing to mutual long-term growth and success."

Each year Infineon recognizes its top distributor for its business development, customer service excellence and support of its global supply chain.

"Our focus and commitment to Infineon and the communication market has resulted in key design wins that are driving the results," said Jeff Ittel, senior vice president, Semiconductor Business Group, Avnet Electronics Marketing Americas. "We are honored by this recognition and intend to continue our number one ranking for revenue and demand creation in the Americas for Infineon next year, and beyond."

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
Avnet, Inc. is one of the largest distributors of electronic components, computer products and technology services and solutions with more than 250 locations serving 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 July 1, 2006, Avnet generated revenue of $14.25 billion. For more information, visit www.avnet.com.

Contacts
Brodeur, for Avnet
Chris Walker, 602-808-1170
cwalker@brodeur.com

 

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