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FOR IMMEDIATE RELEASE
 
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Nu Horizons
Dave Bowers
Senior Vice President of Marketing
631 396 5000


Dan Romanelli
Director of the Sun Business Group
631 396 5000

 
 

Nu Horizons Enters Voice-Over IP Market with Development Tool Powered by SUN Microsystems CompactPCI Motherboard

Company Poised to Compete in $5 Billion Market

MELVILLE, NY - (September 26, 2000) -- Nu Horizons Electronics Inc. (NASDAQ: NUHC) today introduced the voxbox™ IP Development Tool, a system that enables network and telecom equipment providers (OEMs) to rapidly design and deploy VoIP (Voice Over Internet Protocol) solutions. The development kit is powered by the CompactPCI motherboard technology of Sun Microsystems (NASDAQ: SUNW), the world's leading supplier of commercial Internet servers. The kit is the only SPARC/Solaris™solution suite designed to address the specific needs for VoIP development.The Gartner Group forecasts that the total VoIP market will grow to $11 billion by 2005, with motherboard content accounting for approximately $5 billion of the total market potential. "The agreement with Sun positions us to jointly meet a sizable and fast-growing demand for solutions that enable a faster, more efficient deployment of VoIP applications. The agreement is also consistent with our strategy, which has always focused on leveraging development tools, like the voxbox, to position Sun's CompactPCI as the board-level technology of choice for VoIP applications," said Arthur Nadata, President and CEO of Nu Horizons. "Sun's dominance of the commercial Internet server marketplace is well documented. SPARC™and Solaris™are running the New Economy," said Daniel Romanelli, Director of the Sun Business Group at Nu Horizons. "The technology speaks for itself," he concluded."With the release of voxbox, Nu Horizons is positioning itself to capture its share of the explosive VoIP market," said Ashley Eikenberry, cPCI Product Manager at Sun Microsystem's Network Service Provider Division. "They have put together the best solution based on Sun's SPARC/Solaris™cPCI platform. This will give developers the reliability of the Solaris operating environment and the flexibility of Sun's cPCI products." The voxbox will be sold and marketed by Nu Horizons and Sun jointly. Nu Horizons currently has 26 branches throughout the United States with more than 200 sales people and 35 Field Application Engineers. Sun's OEM force consists of more than 150 sales people and 75 Field Application Engineers. The voxbox contains all the components necessary for immediate development of VoIP applications. At the core of the system is SUN's CP1500-360 CompactPCI motherboard and Solaris™O/S. The box also employs a Performance Technologies T1/E1/J1 WAN board (cpc380) and a Blue Wave Systems (NASDAQ: BWSI) ComStruct™ DSP board (cpci/c6400). It is offered in a portable chassis with a 235-watt power supply and an H.110 backplane. A full description of the voxbox configuration is available at www.nuhorizons.com/voxbox.html.Brian Lees, Director of Marketing at Blue Wave Systems Inc. added, " The voxbox will provide a complete development environment, enabling communication equipment developers to rapidly deploy carrier-grade solutions. Our Comstruct™ CPCI/C6400 provides a powerful and open processing platform, with the scalability required to deliver the high-density applications required for VoIP."

About Nu Horizons
Nu Horizons is a national distributor of high technology electronic components, which provides innovative, total semiconductor solutions through products and technologies that are faster, smaller and lower powered. Nu Horizons was established in 1982 and currently has 26 branch and subsidiary offices located in the U.S., Europe and Asia. For more information visit the Nu Horizons homepage at 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 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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