Nu
Horizons Electronics Corp. Announces Americas Distribution Agreement with Silicon
Laboratories Inc.
Agreement
Involves Distribution of Mixed Signal Integrated Circuit (IC)
Technology Products
to Customers
Melville,
NY - November 7, 2005 - Nu Horizons Electronics Corp. (NASDAQ:NUHC), a leading
distributor of advanced technology active components and system solutions, today
announced a partnership agreement with Silicon Laboratories Inc. (NASDAQ: SLAB),
a global leader in the innovation of analog-intensive, mixed-signal integrated
circuit (IC) technology. This agreement is effective immediately and involves
the distribution of Silicon Laboratories' application specific and general purpose
products within the United States, Canada, Mexico, Central and South America.
Silicon Laboratories'
solutions are designed for consumer, industrial, automotive and communications
products worldwide including wireless handsets, digital video recorders and central
office equipment. Their product portfolio includes high-performance, mixed-signal
microcontrollers, digital power controllers, AeroFONE™ single-chip phone,
Aero® GSM/GPRS/EDGE transceivers, GSM/GPRS power amplifiers, FM radio tuners,
satellite radio tuners, RF synthesizers, silicon direct access arrangements (DAAs),
ISOmodem® embedded modems, ProSLIC® subscriber line interface circuits,
DSL analog front end ICs, voice codecs, VCXOs, and XOs, SiPHY® optical networking
transceivers, clock and data recovery ICs and precision clock ICs.
"Nu
Horizons expertise in technical sales, logistics and design solutions will provide
our customers with a superior level of customer support and service," said
Gary Gay, vice president of Silicon Laboratories. "We look forward to leveraging
their world-class engineering sales expertise to expand our reach across a multitude
of applications and markets."
"We
are delighted to add Silicon Laboratories to our distribution family," adds
Dave Bowers, president of Nu Horizons Distribution Division. "Their diverse
portfolio of highly-integrated solutions, and proven track record of introducing
best-in-class products to simplify the design process, creates enhanced value
for our customers."
About
Silicon Laboratories Inc.
Silicon Laboratories Inc. is a leading designer
of high-performance, analog-intensive, mixed-signal integrated circuits (ICs)
for a broad range of applications. Silicon Laboratories' diverse portfolio of
highly integrated, patented solutions is developed by a world-class engineering
team with decades of cumulative expertise in cutting-edge mixed-signal design.
The company has design, engineering, marketing, sales and applications offices
throughout North America, Europe and Asia. For more information about Silicon
Laboratories please visit www.silabs.com.
About Nu Horizons
Electronics Corp.
Nu Horizons is a leading global distributor of advanced
technology active components and system solutions, including analog, clock and
timing devices, communications, computer products, discretes, flat panel display
solutions, interface, logic, memory, microcontrollers and microprocessors, opto
electronics and power, to a wide variety of commercial original equipment manufacturers
(OEMs). With sales facilities in forty-three locations across North America and
Asia, and logistics centers in centralized locations throughout the globe, Nu
Horizons partners with a limited number of 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. |
