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FOR IMMEDIATE RELEASE
 
Nu Horizons Electronics Editorial Contact:
Dave Bowers
631-396-5000
dbowers@nuhorizons.com
Pletronics, Inc. Editorial Contact:
Ron Stalzle
317-213-3171
rons@pletronics.com
 
 

Nu Horizons Electronics Corp. and Pletronics, Inc. Announce
Global Partnership Agreement for Distribution of Frequency Control Products

Melville, NY and Lynnwood, WA — September 13, 2006 — Nu Horizons Electronics Corp. (NASDAQ:NUHC), a leading global distributor of advanced technology semiconductor, display and system solutions; and Pletronics, Inc., recently announced their global partnership agreement for the distribution of Pletronics crystal and oscillator frequency control products.

Pletronics’ products service multiple markets which include: industrial, consumer, automotive, communications, telecom, and instrumentation.  Pletronics frequency control products (crystals and oscillators) include: PECL, LVDS, CMOS and TTL, Crystal Clock Oscillators (XO); Voltage Controlled Crystal Oscillators (VCXO,), Temperature Compensated Crystal Oscillators (TCXO, (V) TCXO) and Oven Compensated Crystal Oscillators (OCXO). 

“We are very pleased to be teamed up with an important, leading global distributor like Nu Horizons,” states Claude Lee, president of Pletronics, Inc.  “Pletronics and Nu Horizons share similar business goals, focusing on meeting our customers’ needs through innovation, flexibility and responsiveness.  This partnership provides our company greater global reach and allows us to participate in Nu Horizons’ exceptional demand creation programs.”

Dave Bowers, president of Nu Horizons Distribution Division adds, “Pletronics is a key supplier of crystals and oscillators whose advanced products are a natural compliment to many of the other suppliers on our line card.  We look forward to leveraging Pletronics diversified product portfolio to provide our customers with an additional spectrum of high technology products and solutions.”

About Pletronics, Inc.
Founded in 1979, Pletronics supplies a wide range of frequency control products to major original equipment manufacturers and contract electronic manufacturers around the world.  In addition to its headquarters and manufacturing facility in Lynnwood, Washington, the company has joint ventures and partnerships with factories in Asia, Europe and North America.  For more information, call 425-776-1880 or visit http://www.pletronics.com.

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 48 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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