Nu
Horizons Electronics Corp. Announces New Office in Australia
Melbourne Location Opened as Part of
Company's Ongoing Asia Pacific Expansion Plans
Melville,
NY and Singapore - June 12, 2006 - Nu Horizons Electronics
Corp. (NASDAQ:NUHC), a leading global distributor of advanced
technology semiconductor, display and system solutions,
today announced the opening of their first office in Australia,
located in Melbourne, Victoria. This location provides
local sales and engineering support within Australia and
was established as part of the company's ongoing Asia
Pacific expansion plans.
"Melbourne
has become an initial footprint in the Australia/New Zealand
region for Nu Horizons," says Wendell Boyd, president
of Nu Horizons Asia Pte Ltd. "With our specialised
brand and service, Nu Horizons sees the potential to expand
quickly in this territory. There are gaps in the market
we wish to fill and our partners are encouraging this
expansion."
Nu
Horizons presently has 17 Asia Pacific sales locations:
Greater China (Beijing, Chengdu, Hong Kong, Nanjing, Shanghai,
Shenzhen, Wuhan and Taipei), India (Bangalore, Hyderabad,
Mumbai and New Delhi), Thailand (Bangkok), Malaysia (Penang),
Singapore, South Korea (Seoul) and Australia (Melbourne).
To support these locations and growing customer demand,
a new state-of-the-art distribution center opened last
year in Singapore, providing various service and fulfillment
requirements.
About
Nu Horizons Electronics Corp.
Nu Horizons Electronics Corp. is a leading global distributor
of advanced technology semiconductor, display and system
solutions to a wide variety of commercial original equipment
manufacturers (OEMs) and Electronic Manufacturing Services
providers (EMS). With sales facilities in 47 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.
About Nu Horizons Electronics Asia Pte Ltd.
Nu Horizons Electronics Asia Pte Ltd. is a wholly-owned
subsidiary of Nu Horizons Corp, a leading global distributor
of advanced technology semiconductor, display and system
solutions. Headquartered in Singapore, Nu Horizons has
sales facilities in 17 regional locations including: Australia
(Melbourne), Greater China (Beijing, Chengdu, Hong Kong,
Nanjing, Shanghai, Shenzhen, Wuhan and Taipei), India
(Bangalore, Hyderabad, Mumbai and New Delhi), Malaysia
(Penang), Singapore, South Korea (Seoul) and Thailand
(Bangkok). Additional Information on Nu Horizons Electronics
Asia Pte Ltd. and its services is available at http://www.nuhorizons.com.sg
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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