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FOR IMMEDIATE RELEASE
 

Nu Horizons Electronics Corp. and Integrated Silicon Solution, Inc. Announce Expanded Distribution Agreement
Nu Horizons Becomes Authorized ISSI Distributor throughout Asia and Brazil

Santa Clara, CA and Melville, NY - February 3, 2004 - Nu Horizons Electronics Corp. (NASDAQ:NUHC), a leading distributor of high technology active components, and Integrated Silicon Solution, Inc. (NASDAQ: ISSI), a leader in advanced memory solutions, announced the expansion of their product service and market distribution agreement to extend beyond the scope of North America. This partnership agreement, effective immediately, has now been broadened to include distribution rights in Brazil and throughout Asia, specifically within India, Korea, Malaysia, North and South China, Singapore and Taiwan.

As a result of this expanded agreement, Nu Horizons will offer ISSI's complete line of SRAM, DRAM, MCP, EEPROM and Bluetooth™ wireless chipset memory products and solutions into these two distinct geographical regions, in addition to utilizing their respective network of field application engineers to strengthen technical support and new product introduction efforts in each of the above mentioned countries. Nu Horizons has been an ISSI distributor in North America since February, 1998.

"We are pleased to expand ISSI's relationship with Nu Horizons as they provide all the key attributes we look for in a global distributor to properly address the burgeoning demands of the Asian electronics market," said Lyn Zastrow, Director of North American Sales. "Our technology portfolio is serviced by Nu Horizons strength in demand creation, coupled with their ability to provide fulfillment globally. We look forward to leveraging the success of our distribution agreement in North America to these additional regions."

Dave Bowers, Nu Horizons' executive vice president of sales and marketing comments, "Nu Horizons commitment to providing leading edge technologies to our customers perfectly compliments ISSI's position as a leading manufacturer of memory products and solutions. Adding distribution services throughout Asia and Brazil reaffirms the success of our existing distribution program domestically, strengthens market presence for ISSI's products and further augments Nu Horizons global expansion strategy."

About ISSI
ISSI is a technology leader in high performance memory semiconductors. The company designs, develops and markets memory products used in consumer electronics, networking, Internet infrastructure, telecommunications, wireless products, handheld devices, computer peripherals, and automotive electronics. ISSI's products incorporate state-of-the-art circuit design and advanced process technology. The company's high speed and low power SRAM, low to medium density DRAM, MCP (combining Flash and SRAM/PSRAM/DRAM), family of EEPROMs, and Bluetooth™ wireless chipsets (in development), enable designers to meet the demanding connectivity, portability, and bandwidth requirements of today's high tech products. ISSI is headquartered in Silicon Valley with worldwide offices in China, Europe, Hong Kong, Taiwan, Korea and India. Visit our web site at www.issi.com.

About Nu Horizons Electronics Corp.
Nu Horizons is a leading distributor of high technology active components, including analog, communications, discretes, optical, logic & peripherals, memory, microcontrollers, system on chip (SOC), board level and computer system products to a wide variety of commercial original equipment manufacturers (OEMs). With sales facilities in thirty-five locations across North America and Asia, and logistics centers in centralized locations throughout the globe, Nu Horizons partners with a limited number of 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.

Nu Horizons Editorial Contact:
Dave Bowers
631-396-5000
dbowers@nuhorizons.com

Integrated Silicon Solution, Inc. Editorial Contacts:
Tom Doczy or Isabelle Silva
408-969-4620 or 408-969-4660
tdoczy@issi.com or isilva@issi.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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