Xilinx, Inc. Expands Partnership Agreement with Nu Horizons Electronics Corp. to the United Kingdom and Ireland
Expansion Follows Recent Nu Horizons Acquisition of DT Electronics Ltd.
San Jose, CA and Melville, NY — September 5, 2006 — Xilinx, Inc. (NASDAQ: XLNX), the world’s leading provider of programmable solutions, and Nu Horizons Electronics Corp. (NASDAQ:NUHC), a leading global distributor of advanced technology semiconductor, display and system solutions, today announced the expansion of their North American and Asia Pacific partnership agreement to include the United Kingdom and Ireland. Effective immediately, Xilinx field-programmable gate arrays (FPGAs), complex programmable logic devices (CPLDs), software design tools and intellectual property cores will be distributed in the region by DT Electronics Ltd., Nu Horizons’ recently acquired wholly-owned subsidiary, based in Coventry, United Kingdom.
“We are pleased to expand our existing relationship with Nu Horizons into Europe,” said Chris Henry, vice president, Channel Sales and Operations of Xilinx, Inc. “Their successful North American and Asia Pacific demand creation efforts and recent acquisition of DT Electronics, combined with our desire to offer customers a choice of strong technical distribution channel partners, made expansion into the United Kingdom and Ireland the next logical step in our long-standing partnership. We believe that Nu Horizons’ leadership XpressTrack customer engineer training program, as well as their strong technical skill set, will help us add a new dimension in the region.”
Dave Bowers, president of Nu Horizons Distribution Division adds, “We are very excited about our expanded relationship. Xilinx is clearly the world leader in programmable logic technology and products. With their recently introduced Virtex™- 5 family, along with several planned new introductions, we believe that the timing of our engagement is superb, and we will be working closely with Xilinx to create many new opportunities. Nu Horizons has invested heavily in technical sales, marketing and engineering resources globally and Xilinx has continued to recognize our efforts. We look forward to providing UK and Ireland customers with industry-leading training, a strong suite of technical resources, development tools and reference design solutions, along with true global logistics capabilities and strong customer service. We will work hard to further develop Xilinx’ business within the region.”
About Xilinx, Inc.
Xilinx, Inc. (NASDAQ: XLNX) is the worldwide leader of programmable logic solutions. Additional information about Xilinx is available at www.xilinx.com.
About DT Electronics Ltd.
DT Electronics is a franchised technical distributor of electronic components and a wholly-owned subsidiary of Nu Horizons Electronics Corp. Our products come from best-in-class suppliers of semiconductors, power supplies and specialist passive components. Our customers include those in broadcast, communications, industrial, instrumentation, medical and consumer electronics markets.
DT Electronics is distinguished by exceptional capabilities in technical design-in work and has received numerous supplier and customer awards in recognition of this expertise.
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 48 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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