Nu
Horizons Electronics Corp. and Midcom Inc. Announce Global Distribution Agreement
Partnership
Involves Distribution of Transformer and Inductor Products
Watertown,
SD and Melville, NY - November 10, 2005 - Midcom Inc., one of the world's
top producers of telecommunications transformers; and Nu Horizons Electronics
Corp. (NASDAQ:NUHC), a leading global distributor of advanced technology active
components and system solutions; today announced a partnership agreement throughout
the Americas and Asia Pacific. This agreement is effective immediately and involves
the distribution of Midcom's complete line of transformer and inductor products.
Midcom's
transformers are used globally in analog/digital telephone systems, modems, circuit
management, networking, multiplexing, D4 channel banks, signaling, automatic call
distribution, public data transmission (TV, FAX, MUX), electronic mail, bulletin
board services, mobile communications, security systems and a wide variety of
amplifiers and recorders for the sound system market. Midcom also works in voice
frequency, high speed data for modems (CCITT), T1, ISDN, CEPT, BABT, LAN and any
other area applicable to their products.
"Midcom
looks forward to partnering with Nu Horizons to leverage their global network
of sales and logistics to broaden our product reach across diverse applications
and markets," said Jim Hill, President of Midcom, Inc. "Nu Horizons'
technical expertise and engineering capabilities will provide our customers with
world-class services and support."
"Midcom
is a high quality, service-driven leader within the telecommunications industry.
We are pleased to add their advanced technology products to our line card,"
comments Dave Bowers, president of Nu Horizons Distribution Division. "As
both our teams are firmly committed to servicing the needs of our respective customers,
we look forward to collaborating with Midcom to provide unparalleled products,
services and solutions expertise to satisfy customer time-to-market requirements."
About
Midcom Inc.
Midcom Inc. is one of the world's top producers of telecommunications
transformers. Midcom's customer base reaches virtually every corner of the globe
with products shipping worldwide. Information on Midcom, Inc. and its products
can be found at http://www.midcom-inc.com.
About
Nu Horizons Electronics Corp.
Nu Horizons Electronics Corp. is a leading
global distributor of high technology active components and systems to a wide
variety of commercial original equipment manufacturers (OEMs) and Electronic Manufacturing
Services providers (EMS). With sales facilities in forty-five locations across
North America 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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