GSI
Technology and Nu Horizons Electronics Corporation Expand Partnership with Pan-Asia
Agreement
Santa
Clara, CA and Melville, NY - February 1, 2005 - GSI Technology, a leading
supplier of full-featured, high performance static random access memory (SRAM);
and Nu Horizons Electronics Corp. (NASDAQ:NUHC), a leading distributor of high
technology active components; today announced the expansion of their North American
partnership agreement. This partnership now includes the distribution of all synchronous
and asynchronous memory products within the countries of Australia, China, India,
Korea, Malaysia, the Philippines, Singapore, Taiwan and Thailand.
"We are pleased to expand
GSI's relationship with Nu Horizons into Asia," said Didier Lasserre, vice
president of sales at GSI. "They possess all the key attributes we look for
in a global distributor; specifically demand creation, world-class fulfillment
capabilities, engineering support and in-depth product and solutions expertise.
This change also compliments our global growth strategy to deliver optimal distribution
support for our customers."
"GSI prides itself on delivering cutting-edge SRAM technology to a broad range of markets," states Dave Bowers, president of Nu Horizons Distribution division. "Our partnership expansion reaffirms the success of our North American program. GSI enhances our technology solutions portfolio in the region, and strengthens the growth of our customer base and market share objectives for SRAM Memory products."
GSI's
product portfolio includes several families of fast, low-power, high-density SRAMS;
in addition to the largest selection of configurations, number of packages and
choice of supply and interface voltages in the industry. Their products are manufactured
for use in the audio, automotive control systems, industrial, medical, military
systems, and networking and telecom markets globally.
About
GSI Technology
GSI Technology was founded in March 1995, and has an international
presence in the high performance, power critical, networking and telecom systems
marketplace. The company designs, develops, and markets Static Random Access Memories
(SRAMs) targeted for high performance, power sensitive network and telecom system
customers. For additional company and product information, please visit GSI's
website at http://www.gsitechnology.com.
About
Nu Horizons Electronics Corp.
Nu Horizons is a leading global distributor
of high technology active components, including analog, clock and timing devices,
communications, computer products, discretes, flat panel display solutions, interface,
logic, memory, microcontrollers and microprocessors, opto electronics and power,
to a wide variety of commercial original equipment manufacturers (OEMs). With
sales facilities in thirty-seven 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.
About Nu Horizons
Electronics Asia Pte Ltd.
Nu Horizons Electronics Asia Pte Ltd. is a wholly-owned
subsidiary of Nu Horizons Corp, a global distributor of high technology active
components. Headquartered in Singapore, Nu Horizons has sales facilities in 11
regional locations including: Hong Kong, Shanghai and Shenzhen (China); Bangalore,
Hyderabad, Mumbai and New Delhi (India); Penang (Malaysia); Singapore; Seoul (South
Korea); and Taipei (Taiwan). Additional Information on Nu Horizons Electronics
Asia Pte Ltd. and its services is available at http://ap.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. |
