Nu
Horizons Electronics Corp. and Tianma Microelectronics Announce Americas Partnership
Agreement
Partnership
Involves Distribution of Liquid Crystal Display Products to
North and South
American Customers
Melville,
NY and Walnut, CA - April 13, 2006 - Nu Horizons Electronics Corp. (NASDAQ:NUHC)
a leading global distributor of advanced technology active components and system
solutions; and Tianma Microelectronics, a leading international supplier of liquid
crystal display products; today announced a North and South American partnership
agreement. This agreement involves distribution rights for all Tianma liquid crystal
display products including: character and graphic type LCD monochrome modules,
active color (TFT) LCD modules, passive color (CSTN) LCD modules and color super
fast display (SFD) modules.
Tianma
Microelectronics implements a vast range of conventional and special liquid crystal
technologies utilized in the industrial, automotive, medical, telecommunications
and consumer product markets, among others. Tianma specializes in standard or
custom display design and manufacturing for specific applications such as meters,
cellular phones, test and diagnostic equipment, clocks and GPS navigation systems.
"Tianma
looks forward to working with world-class distributor Nu Horizons to broaden our
product reach," states Lu T. Do, distribution sales manager, North America
for Tianma Microelectronics (USA). "They possess the experience, global fulfillment
capabilities and design solutions necessary to ensure our customers receive optimal
service and support."
"We
are excited about the addition of Tianma to the NuHorizons Display portfolio of
products," adds Dave Bowers, president of Nu Horizons Distribution Division.
"Their broad line of LCD products helps to round out our product portfolio
providing our customers with additional display solutions for their designs."
For
additional information, please visit http://www.nuhorizons.com/displays/tianma.
About
Tianma Microelectronics
From its foundation in 1983, Tianma maintains an
unrivaled position as a leading international supplier of liquid crystal display
products and is the largest manufacturer of passive and monochrome LCD's within
continental China. Tianma is traded at the Shenzhen Stock Exchange, and their
parent company, Catic Holdings, is traded at the Hong Kong Stock Exchange. For
more information, please visit us at http://www.tianma.com.
About Nu Horizons
Electronics Corp.
Nu Horizons Electronics Corp. is a leading global distributor
of advanced technology active components and systems to a wide variety of commercial
original equipment manufacturers (OEMs) and Electronic Manufacturing Services
providers (EMS). With sales facilities in forty-seven locations across North America,
Europe and Asia and regional logistics centers throughout the globe, Nu Horizons
partners with a limited number of best-in-class suppliers to provide in-depth
product development, custom logistics and life-cycle support 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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