Nu Horizons Electronics Corp. Announces Pan-Asian Partnership Agreement with Tundra Semiconductor Corporation
Partnership Involves Distribution of Host Bridges and Switches to Asian Customers

Melville, NY - September 14, 2006 - Nu Horizons Asia Pte Ltd, the wholly-owned subsidiary of Nu Horizons Electronics Corp. (NASDAQ:NUHC), a leading global distributor of advanced technology semiconductor, display and system solutions; today announced the signing of a Pan-Asian partnership agreement with Tundra Semiconductor Corporation (TSX: TUN), the leader in System Interconnect.  This agreement involves the distribution of Tundra’s Host Bridges for PowerPC® and VME products, in addition to RapidIO® Switches, throughout the territories Australia, China, India, Korea, Malaysia, New Zealand, Singapore, Taiwan and Thailand.

Tundra Semiconductor Corporation is the global leader in System Interconnect providing world-class support and leading edge semiconductor solutions to the world's foremost communications, networking, storage system, and information technology vendors. Tundra System Interconnect is a vital communications technology that enables customers to connect critical system components while compressing development cycles and maximizing performance. Tundra supports ATCA®, MicroTCA™, RapidIO®, PCI/X and VME, standards. Tundra System Interconnect ensures market advantage in wireless infrastructure, storage networking, network access, military, industrial automation, and information technology applications.

“Tundra continues to expand the breadth and depth of its resources to new and existing customers within the Asia-Pacific region,” said John Hartley, Asia sales director of Tundra.  “Nu Horizon’s world-class logistical infrastructure, strong engineering alignment and expertise on IBM PowerPC processors enable Tundra customers to increase their access to diversified PowerPC products. We look forward to working together to provide the best PowerPC System Interconnect solution available to a growing customer base in this vitally important region.”

“We are confident Nu Horizons broad customer base, including those in high-growth markets using PowerPC products, will benefit greatly from Tundra’s industry-leading System Interconnect products,” adds Wendell Boyd, president of Nu Horizons Asia Pte Ltd. “Tundra’s strong portfolio of host bridges for PowerPC and RapidIO switches can be leveraged across numerous market segments, minimizing time-to-market requirements and maximizing ROI for all our Asian customers.”

About Tundra Semiconductor Corporation
Tundra Semiconductor Corporation (TSX:TUN) is the global leader in System Interconnect providing world-class support and leading edge semiconductor solutions to the world’s foremost communications, networking, storage system, and information technology vendors.  Consistently delivering on system level performance promises that reduce time to market, Tundra System Interconnect ensures market advantage in wireless infrastructure, storage networking, network access, military, industrial automation, and information technology applications. Silicon Logic Engineering, Inc. (SLE), Tundra’s semiconductor design services division, offers industry-leading ASIC design services, semiconductor intellectual property and product development consulting. For more information, please visit www.tundra.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 17 regional locations including: Australia (Melbourne), Greater China (Beijing, Chengdu, Hong Kong, Nanjing, Shanghai, Shenzhen, Wuhan and Taipei), India (Bangalore, Hyderabad, New Delhi and Pune), Malaysia (Penang), Singapore, South Korea (Seoul) and Thailand (Bangkok). Additional Information on Nu Horizons Electronics Asia Pte Ltd. and its services is available at http://www.nuhorizons.com.sg/.

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.