Nu
Horizons Names Dorothy Tan New Director of Finance APAC
Singapore,
August 8, 2006, Nu Horizons Electronics Corp. (NASDAQ:NUHC),
a leading distributor of advanced technology semiconductor,
display and system solutions, has named Dorothy Tan as
Director of Finance Asia Pacific. Dorothy is responsible
for managing Credit and Finance across all of Nu Horizons
business interests in Asia Pacific; including Nu Horizons
Electronics Asia Pte Ltd, NIC Components Asia Pte Ltd,
the company's passive component subsidiary and TSC Services
Pte Ltd, the company's supply chain management subsidiary.
Commenting
on the appointment, Wendell Boyd, president Nu Horizons
Electronics Asia Pte Ltd stated, "We are very pleased
to welcome Dorothy to the Nu Horizons team. Dorothy has
extensive experience in financial management across Asia
Pacific in closely related businesses to that of Nu Horizons.
As we continue rapid growth in Asia and globally, in such
a competitive market, Nu Horizons must ensure we use our
financial resources as effectively as possible. Dorothy
brings that capability to our team and represents a significant
step forward in the development of our global finance
team."
Prior
to Nu Horizons, Dorothy spent more than 5 years as Chief
Financial Officer for Singapore and the ASEAN emerging
markets with Ingram Micro Asia Ltd, a subsidiary of Ingram
Micro Inc. the world's largest distributor for software,
hardware and networking systems. While at Ingram Micro,
Dorothy was also appointed in an acting capacity the role
of Regional Controller covering the Asia Pacific region.
Other financial experience in HK & China includes
her role as Corporate Controller with Magnecomp International
Ltd, a leading manufacturer of suspension assemblies and
Group Financial Officer at China Cashmere Ltd, a manufacturer,
retailer and trader of garment and yarn.
Dorothy
is a member of the Association of Chartered Certified
Accountants (FCCA) and the Institute of Certified Public
Accountants of Singapore (CPA).
About
Nu Horizons Electronics Asia Pte Ltd.
Nu Horizons Electronics Asia Pte Ltd. is a wholly-owned
subsidiary of Nu Horizons Corp, a leading distributor
of advanced technology semiconductor, display and system
solutions. Headquartered in Singapore, Nu Horizons has
sales facilities in 17 regional locations including: Victoria
(Australia/New Zealand) Beijing, Chengdu, Hong Kong, Nanjing,
Shanghai, Shenzhen and Wuhan (China); Bangalore, Hyderabad,
Mumbai and New Delhi (India); Penang (Malaysia); Singapore;
Seoul (South Korea); Taipei (Taiwan) and Bangkok (Thailand).
Additional Information on Nu Horizons Electronics Asia
Pte Ltd. and its services is available at http://ap.nuhorizons.com.
About
Nu Horizons Electronics Corp.
Nu Horizons Electronics Corp. is a leading global distributor
of advanced technology semiconductor, display and system
solutions 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.
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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