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FOR IMMEDIATE RELEASE
 
Nu Horizons Editorial Contact:
Dave Bowers
631-396-5000
dbowers@nuhorizons.com
 
 

Nu Horizons Electronics Corp. Expands Design Consultant Program To Provide Consultant Partner Database For Optimal Design Solutions
Design Program Updated With Searchable Tool Offering Engineering Database Access For Outsourcing Requirements

Melville, New York - June 10, 2003 - Nu Horizons Electronics Corp. (NASDAQ:NUHC), a leading distributor of high technology active components, today announced the expansion of its Design Consultant Program, which offers system and board-level design solutions through third-party engineering design company alliances. The expansion includes a web-based searchable database tool created to provide enhanced customer outsourcing services and solutions predicated as a result of market demands.

As a result of current business environments where engineering staffs are lean, time-to-market pressures have forced outsourcing non-core competencies to become more and more attractive to customers. The expansion of Nu Horizons Design Consultant Program to include a new online searchable database of over 100 design consultants provides a customer with a simplified, yet comprehensive, outsourcing solution alternative. This database tool can be viewed by either criteria of expertise or geographic region, in addition to 'key-word' searched by potential customers for matches against any participating consultant's core competency, manufacturer certification and areas of specialty. Companies utilizing this search tool will also gain immediate access to a consultant or consulting firm's contact information, design experience, and their major areas of strengths, knowledge, and device usage.

"The Design Consultant Program Nu Horizons adopted two years ago has resulted in an elite network built upon our strongest independent and national design consultants in over 25 U.S. and Canadian markets," explains Dave Bowers, executive vice president of sales and marketing of Nu Horizons. "With the addition of our searchable web-based consultant database, our customers can now derive significant advantages, including rapid access to a myriad of expert design resources. These value offerings enable Nu Horizons to provide the highest level of unparalleled support for our customer's future development initiatives."
Nu Horizons Consultant Design Services, originally launched in 2001, is a North America based community of expert Independent and National Design Consultants. Membership is based on a proven track record of experience, professionalism and competency. This selective program offers customers seeking third party engineering assistance a broad base of design disciplines ranging from Analog, FPGA, Embedded microcontroller, Networking and Audio design to Systems, Software, Documentation and Manufacturing services.

About Nu Horizons Electronics Corp.
Nu Horizons is a leading distributor of high technology active components, including analog, communications, computer products, discretes, optical, logic & peripherals, memory, microcontrollers, specialty products and sub-system products to a wide variety of commercial original equipment manufacturers (OEMs) throughout North America. With sales facilities in twenty-six locations, Nu Horizons partners with a limited number of the best-in-class suppliers to provide in-depth product and solutions expertise to its customers. Information on Nu Horizons and its services is available at http://www.nuhorizons.com.

Except for historical information contained herein, the matters set forth in this news release are forward looking statements that involve certain risks and uncertainties that could cause actual results to differ from those in the forward-looking statements. Potential risks and uncertainties include such factors as the level of business and consumer spending for electronic products, the amount of sales of the Company's products, the competitive environment within the electronic component industry, the ability of the Company to continue to expand its operations, the level of costs incurred in connection with the Company's expansion efforts and the financial strength of the Company's customers and suppliers. Investors are also directed to consider other risks and uncertainties discussed in documents filed by the Company with the Securities and Exchange Commission.


 

 
 
 
 
 
 
 

 

 

 

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