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PHOENIX -- Avnet Electronics Marketing, the largest operating group of Avnet Inc. (NYSE: AVT), has announced that it has been named Distributor of the Year by Stackpole Electronics. This award is based upon Avnet's year-on-year growth for 2005.
"Avnet was the fastest growing distributor partner for Stackpole in 2005, and we are pleased to present them with our Distributor of the Year Award for 2005," said Jamie Mullane, chief operating officer of Stackpole Electronics Inc. "In addition to having the largest year-on-year growth, Avnet has also done an excellent job partnering with Stackpole to sell across all of our technologies. We are excited about the opportunities to grow together in 2006 and beyond."
"We are delighted to receive the 2005 Distributor of the Year Award from Stackpole Electronics," said Pat Wastal, senior vice president of IP&E (Interconnect, Passive & Electromechanical) for Avnet Electronics Marketing. "The high level of cooperation and dedication across the Stackpole organization toward achieving outstanding sales performance has helped Avnet meet and exceed customer requirements. We are looking forward to an equally successful 2006 and believe there continues to be a tremendous growth opportunity for Stackpole products."
"Avnet is honored to accept Stackpole's Distributor of the Year Award for 2005," added Phil Gallagher, president, Avnet Electronics Marketing Americas. "Partnering with Stackpole to represent its accomplished set of resistors and array of technologies across the board is an excellent complement to Avnet's service offerings. We look forward to continuing to grow our relationship with Stackpole well into the future."
About Avnet Electronics Marketing
Avnet Electronics Marketing is the largest operating group of Phoenix-based Avnet Inc., a Fortune 500 company. Avnet Electronics Marketing serves electronic original equipment manufacturers (EOEMs) and electronic manufacturing services (EMS) providers in 68 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.
Avnet enables success from the center of the technology industry, providing cost-effective services and solutions vital to a broad base of more than 100,000 customers and 300 suppliers. The company markets, distributes and adds value to a wide variety of electronic components, enterprise computer products and embedded subsystems. Through its premier market position, Avnet brings a breadth and depth of capabilities that help its trading partners accelerate growth and realize cost efficiencies. For fiscal year ended July 2, 2005, Avnet and the recently acquired Memec (closed July 5, 2005) generated combined revenue in excess of $13 billion in the past year through sales in approximately 70 countries. Visit www.avnet.com/.
CONTACT:
Brodeur for Avnet Electronics Marketing
Chris Walker, 602-808-1170
cwalker@brodeur.com
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