Nu
Horizons RF Announces Distribution Agreement with Johanson
Technology Inc.
Nu Horizons RF to distribute Johansons
high quality ceramic components throughout the Americas
Melville,
New York June 3, 2003 Nu Horizons Electronics
Corp. (NASDAQ:NUHC) today announced that their RF/Microwave
division, Nu Horizons RF, has signed a distribution agreement
with Johanson Technology, Inc., a leading designer and
manufacturer of high quality ceramic components for RF/Wireless
and Microwave applications. This agreement establishes
Nu Horizons RF as an authorized distributor for JTI products
for the Americas, encompassing selling
rights throughout North, Central and South America.
Since 1993 Johanson Technologies Inc. has been focused
on meeting customer requirements for the specialized design
and manufacture of high quality RF/Microwave ceramic chip
capacitors, in addition to embarking on the research and
development of new passive ceramic components for the
wireless sector. Through the use of design software, analysis
tools and the very latest statistical control systems
throughout the production process, JTI is able to provide
high performance RF components with minimal lot to lot
variation. Johanson Technology products include high frequency
capacitors, inductors, baluns, filters, couplers, diplexers
and chip antennas.
Choosing
Nu Horizons RF creates a powerful distribution channel
to provide innovative RF/Microwave and Wireless solutions
to a wide variety of customers, commented John Petrinec,
President of JTI. More importantly, this partnership
shortens our time to market standard and customized RF/Microwave
and Wireless solutions based on current RF technologies
when coupled with the expertise of Nu Horizons field
sales engineers and technical marketing support teams.
Johanson
Technology, Inc. has always been regarded as a high quality
manufacturer of RF and Microwave ceramic components, and
Nu Horizons RF is very pleased to distribute their products,
states Ken Wadors, vice president and division manager
of Nu Horizons RF. "The addition of JTI to the Nu
Horizons RF line card contributes to our focus of RF demand
creation, adds a higher level of RF solutions to our customers,
and further strengthens our position as a high technology
active, passive and interconnect component distribution
leader.
About
Nu Horizons RF
Nu Horizons RF is a business division of Nu Horizons Electronics
Corp., launched in December 2002 to provide expanded product
offerings and engineering support to its customers utilizing
RF/Microwave and wireless technologies in the active,
passive and interconnect product arenas.
Nu Horizons Electronics Corp. is a leading distributor
of high technology components, including analog, communications,
computer products, discretes, optical, logic & peripherals,
memory, microcontrollers, specialty products and sub-system
products to a wide variety of commercial original equipment
manufacturers (OEMs) throughout North America. With sales
facilities in twenty-six locations, Nu Horizons partners
with a limited number of the best-in-class suppliers to
provide in-depth product and solutions expertise to its
customers. Information on Nu Horizons and its services
is available at http://www.nuhorizons.com.
About
Johanson Technology Incorporated
Johanson Technology Incorporated, located in Camarillo,
California, has over fifteen years experience specializing
in the design and manufacture of high frequency ceramic
solutions. Johanson Technology is focused on providing
high performance ceramic components to the wireless communications
industry.
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. |