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May 11, 2010 - Avnet Signs Distribution Agreement with Huawei in the People's Republic of China

Avnet Technology Solutions to Distribute Huawei Enterprise Infrastructure Products in China

Beijing, China -- Avnet Technology Solutions, a value-added solutions distributor of enterprise computing products and an operating group of Avnet, Inc. (NYSE:AVT), and Huawei Technologies Co. Ltd, a leading provider of telecommunications networks and IT infrastructure solutions, today announced an agreement for Avnet Technology Solutions to distribute the full range of Huawei's enterprise infrastructure products in China.

KP Tang, president, Avnet Technology Solutions, Asia Pacific, said, "Huawei is one of the world's premier technology brands. The agreement with Huawei gives us a strategic partner in the enterprise networks and IT infrastructure solutions provider space. By forging relationships with world-class suppliers like Huawei, Avnet Technology Solutions is able to connect channel partners to more customers, thereby providing them access to developing markets. Our aim is to provide the right combination of resources to help bring more solutions to the market and educate and enable more business partners on Huawei solutions."

Alfred Cheng, vice president, Avnet Technology Solutions, China, noted, "Huawei is a very proactive supplier, in that they work with Avnet Technology Solutions to create channels to market for them. They also seek to understand the dynamic relationship Avnet Technology Solutions has with the channel."

Jane Liu, general manager, Avnet Technology Solutions, China, commented, "Huawei is a most innovative supplier. They are constantly looking for ways to refine and complement the solutions they sell, and they invest significantly in research and development. Our Chinese team will work closely with the Huawei team to ensure we are accelerating the success of our channel partners when putting together state-of-the-art networking and security solutions."

Shen Jingyang, senior vice president, president, enterprise network market department, and president, network solution department, said, "The value equation Avnet Technology Solutions presents to channel partners fits well with our model. Avnet Technology Solutions offers channel partners assistance in the logistics, sales, marketing, finance and technical aspects of value-added solutions distribution that help channel partners accelerate the success of their business. That is the type of commitment Huawei looks for when partnering."

About Huawei Technologies
Huawei Technologies is a leader in providing next generation telecommunications networks, and now serves 31 of the world's top 50 operators, along with over one billion users worldwide. The company is committed to providing innovative and customized products, services and solutions to create long-term value and growth potential for its customers.

About Avnet Technology Solutions
As a global solutions distributor, Avnet Technology Solutions collaborates with its customers and suppliers to create and deliver effective solutions that address the business challenges of their end-user customers locally and around the world. For fiscal year 2009, the group served customers in more than 30 countries and generated US $7.04 billion in annual revenue. Avnet Technology Solutions (www.ats.avnet.com) is an operating group of Avnet, Inc.

About Avnet
Avnet, Inc. (NYSE:AVT), a Fortune 500 company, is one of the largest distributors of electronic components, computer products and embedded technology serving customers in more than 70 countries worldwide. Avnet accelerates its partners' success by connecting the world's leading technology suppliers with a broad base of more than 100,000 customers and by providing cost-effective, value-added services and solutions. For the fiscal year ended June 28, 2009, Avnet generated revenue of $16.23 billion. For more information, visit www.avnet.com

Media Contacts:
Michael Costigan
Director of Marketing and Business Innovation, Asia Pacific
Michael.costigan@avnet.com
+61 408651467

 

 

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