All American Semiconductor adds Siliconix and Telefunken product lines.MIAMI--(BUSINESS WIRE)--September 21, 1995--All American Semiconductor, Inc. (The Nasdaq Stock Market Nasdaq stock market The first electronic stock market listing over 5000 companies. The Nasdaq stock market comprises two separate markets, namely the Nasdaq National Market, which trades large, active securities and the Nasdaq Smallcap Market that trades emerging growth companies. : SEMI), a national distributor of electronic components, today announced that it has signed an agreement to distribute products manufactured by the Siliconix and Telefunken Semiconductor divisions of the TEMIC TEMIC Telecommunications Executive Management Institute of Canada Group. The new agreements allow All American to market the complete product offerings of these international electronics companies from nearly all of its locations. TEMIC is the microelectronics enterprise of AEG AEG Aeger (Latin: Sick) AEG Allgemeine Elektrizitäts-Gesellschaft (Common Electricity Company) AEG Aircraft Evaluation Group AEG Association of Engineering Geologists AEG Air Expeditionary Group Daimler-Benz Industrie. The Semiconductor Division of TEMIC includes Telefunken Semiconductors, Siliconix, Matra MHS (1) (Message Handling Service) An earlier messaging system from Novell that supported multiple operating systems and other messaging protocols, including SMTP, SNADS and X.400. It used the SMF-71 messaging format. , and Dialog Semiconductor. A leader in the design of semiconductor products for communications, automotive, computer, hi-rel, industrial, and consumer applications, TEMIC's worldwide semiconductor operations include corporate headquarters in Heilbronn, Germany and ISO- iso- or is- pref. 1. Equal; uniform: isobar. 2. Isomeric: isopropyl. 3. 9001 certified manufacturing facilities in Europe, the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , Asia and the Pacific. Worldwide, TEMIC has approximately 16,000 employees, with unconsolidated turnover of approximately $1.65 billion. Of this figure, more than $650 million is accounted for by the Semiconductor Division. Sales are handled by the worldwide TEMIC network and by regional sales representatives and distributors. Bruce M. Goldberg, President and Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of All American, commented, "The Siliconix and Telefunken product lines are a significant addition to All American's line card. We are very pleased to represent these companies and view this agreement as an opportunity to provide more quality products to our valued customers. We also expect the addition of Siliconix and Telefunken to enhance our ability to continue to increase our market penetration Noun 1. market penetration - the extent to which a product is recognized and bought by customers in a particular market penetration - the act of entering into or through something; "the penetration of upper management by women" ." Ron Myers, the Director of Worldwide Distribution for the TEMIC Group, stated, "We are excited to have All American as a new distributor for our Siliconix and Telefunken lines. Based on their tremendous success and the quality of their organization, we are confident that All American will be an outstanding distributor for the TEMIC Group." All American was recently ranked as the nation's 21st largest distributor of electronic components and the 9th largest distributor of semiconductors in the United States. With two planned sales office openings, All American will have offices in 23 strategic locations throughout the country. CONTACT: ALL AMERICAN Bruce M. Goldberg, 305/626-4150 Howard L. Flanders, 305/626-4149 -or- The Equity Group Inc. Tamara Ehlin, 212/836-9607 Robert D. Goldstein, 212/371-8660 -or- TEMIC Customer Development 800-554-5565 |
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