Nu
Horizons Electronics Corp. Continues Expansion in Asia
Pacific Region
New Office Locations Opened to Better Service
Growing Customer Requirements
Melville,
NY and Singapore - May 2, 2006 - Nu Horizons Electronics
Corp. (NASDAQ:NUHC), a leading global distributor of advanced
technology active components and system solutions, continues
to focus its efforts on expanding the organization's Asia
Pacific operations by adding technical and sales support
in Nanjing and Chengdu, China. In addition, over recent
months, the company has established new or upgraded facilities
in Beijing, Shanghai, Wuhan, Hong Kong, Seoul, Bangkok
and Bangalore.
Nu
Horizons today has 16 Asia Pacific sales locations: Greater
China (Beijing, Chengdu, Hong Kong, Nanjing, Shanghai,
Shenzhen, Wuhan and Taipei), India (Bangalore, Hyderabad,
Mumbai and New Delhi), Thailand (Bangkok), Malaysia (Penang),
Singapore and South Korea (Seoul). To support these locations
and growing customer demand, a new state-of-the-art distribution
center opened last year in Singapore, providing various
service and fulfillment requirements.
"Nu
Horizons' offers a world-leading demand creation model,
combined with best in class service and support to our
customers," states Wendell Boyd, president of Nu
Horizons Electronics Asia Pte Ltd. "The Asia Pacific
market represents a valuable growth opportunity for Nu
Horizons and we are pleased with the support of both our
suppliers and customers and their encouragement to invest
and expand rapidly."
About
Nu Horizons Electronics Corp.
Nu Horizons Electronics Corp. is a leading global distributor
of advanced 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 47 locations across North
America, Europe 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.
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
advanced technology active components and system solutions.
Headquartered in Singapore, Nu Horizons has sales facilities
in 16 regional locations including: Beijing, Shanghai,
Nanjing, Wuhan, Chengdu, Shenzhen and Hong Kong (China);
Taipei (Taiwan); Bangalore, Hyderabad, Mumbai and New
Delhi (India); Bangkok (Thailand); Penang (Malaysia);
Singapore; Seoul (South Korea). 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. |