Nu Horizons Electronics Corp. Announces Dedicated RF/Microwave Division
New Division Will Offer Customers Expanded RF/Wireless
Product Offerings and Engineering Support…

Melville, New York — December 3, 2002 — Nu Horizons Electronics Corp. (Nasdaq:NUHC) today announced the launch of a new business division, Nu Horizons RF, created to provide better service and solutions to its customers utilizing RF/Microwave and wireless technologies. In the past, Nu Horizons has been successful in creating new opportunities for their current complement of RF suppliers. The Nu Horizons RF initiative, however, will contribute significantly to increase Nu Horizons’ position in the RF distribution market with the deployment of field sales engineers in key RF markets as well as a technical marketing support team.

“We have chosen Ken Wadors to lead Nu Horizons RF,” commented Arthur Nadata, president and CEO of Nu Horizons. “Ken’s thirty years of RF experience, with leading roles in companies like Penstock, Avnet, Wyle and most recently Arrow, make him a perfect fit for our organization. The creation of this dedicated team positions Nu Horizons to support our customers earlier in the design process and enables us to provide a higher level of wireless solutions and support.”

“In addition, the Nu Horizons RF organization will complement our current RF semiconductor suppliers by adding RF passives and interconnect products to our RF line card portfolio,” stated Ken Wadors, vice president of Nu Horizons RF. “We’ve seen a significant increase in the requirement for RF components to support the wireless LAN, industrial wireless, RF tagging and, of course, the base station infrastructure market, and Nu Horizons recognizes this market opportunity. The creation of Nu Horizons RF is a commitment to investing in the future of the wireless market, as well as creating a total block diagram solution for our customers.”

Nu Horizons' current line card includes wireless component manufacturers California Eastern Labs, Hitachi, Intersil, ISSI, Oki Semiconductor, Skyworks Solutions, STMicroelectronics, and Toshiba.

About Ken Wadors
Ken Wadors has over 30 years experience in the electronics industry, mostly focused in the RF/Microwave markets. He has managed the western and central sales regions for Avantek, an RF/MW semiconductor and components manufacturer. Ken was co-president, senior vice president of sales and marketing for Penstock, an RF/MW distributor, and continued as senior vice president in the Avnet organization after their purchase of Penstock. Ken was the founder, president and CEO of RF Vision LLC, a subsidiary of Wyle Electronics. Ken later assumed the vice president and general manager position at Arrow RF Vision after the Wyle acquisition by Arrow.

About Nu Horizons Electronics Corp.
Nu Horizons Electronics Corp., is a leading distributor of high technology active electronics, including semiconductors, sub-system and system products, to a wide variety of commercial original equipment manufacturers (OEMs) and EMS (Electronic Manufacturing Service) providers throughout North America. With sales facilities in twenty-six locations and logistics centers in four centralized locations throughout the globe, Nu Horizons partners with a focused number of the best-in-class suppliers to provide in-depth product and engineering expertise to its customers. Information on Nu Horizons and its services is available 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 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.