Linear Technology Selects Nu Horizons to Distribute its High-Performance Analog Products in North America

MILPITAS, CA - July 1, 2003 - Linear Technology Corporation (Nasdaq: LLTC) today announced the addition of Nu Horizons Electronics Corp. (Nasdaq: NUHC) to its North American distribution channel. Nu Horizons will distribute Linear Technology's line of high-performance analog integrated circuits throughout Nu Horizon's focused North American network.

"Our continued growth and customer focus requires the support of an additional distributor," stated Richard Nickson, Vice President of North American Sales for Linear Technology. "The addition of Nu Horizons, with their technical support team, allows Linear to more effectively serve our growing North American customer base with our broad line of high-performance analog products."

Arthur Nadata, President and CEO of Nu Horizons, stated, "We are extremely excited to partner with one of the leading high performance analog solutions providers in the industry, and consider Linear Technology's full product offering a wonderful complement to our existing product distribution portfolio. With over 40 years of industry experience between our organizations, we look forward to a profitable relationship that leverages Linear Technology's superior product offering with our technical and engineering capabilities, to provide the highest level of service and support for our customers."

Linear's broad line of analog products complements Nu Horizon's strong product offering, providing more complete system solutions for its distribution customers. Linear Technology produces a wide array of high-performance analog integrated circuits in such areas as power management, mixed signal, signal conditioning, and high frequency.

About Linear Technology
Linear Technology Corporation was founded in 1981 as a manufacturer of high performance linear integrated circuits. Linear Technology products include operational, instrumentation and audio amplifiers; voltage regulators, power management devices, DC-DC converters and voltage references; comparators; monolithic filters; communications interface circuits; one-chip data acquisition sub-systems; pulse-width modulators and sample-and-hold devices; and high frequency devices. Applications for Linear Technology's high performance circuits include wireless and broadband telecommunications infrastructure, cellular telephones, networking products and satellite systems, notebook and desktop computers, computer peripherals, video/multimedia, industrial and medical instrumentation, automotive electronics, factory automation, process control, military and space systems, and high-end consumer products including digital cameras, MP3 players and other electronic products. For further information, call 1-800-4-LINEAR or visit the company's website: www.linear.com

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). With sales facilities in thirty locations across North America and Asia, 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.

Contacts:
Linear Technology:
John Hamburger
408-432-1900
jhamburger@linear.com

Nu Horizons:
Dave Bowers
631-396-5000
dbowers@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 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.