All American Semiconductor expands distribution agreements with Atmel, Chips and Technologies and other key suppliers.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, announced that it has been awarded expanded distribution rights from Atmel Corporation, Chips and Technologies Chips and Technologies (C&T) was the first fabless semiconductor company, a model developed by its founder Gordon Campbell. Its first product was an EGA IBM compatible graphics chip. This was followed by chipsets for PC motherboards and other computer graphics chips. , Inc. and several other key suppliers, including Thomas & Betts Corporation, Powerex and Futaba Corporation. Under these expanded agreements, All American will market these manufacturers' products on a non-exclusive basis through all of its sales offices. Atmel Corporation is one of the world's leading manufacturers of EPROMS, E2PROMS, programmable logic See PLD. , flash memory and microcontrollers. Additionally, Atmel recently announced its entrance into SRAM See static RAM. SRAM - static random-access memory products. Chips and Technologies is a leader in flat panel display A thin display screen for computer and TV usage. The first flat panels appeared on laptop computers in the mid-1980s, and the LCD technology became the standard. Stand-alone LCD screens became available for desktop computers in the mid-1990s and exceeded sales of CRTs for the first time controller and accelerator technology and is a supplier of core logic and other peripheral solutions for the personal computer industry. Thomas & Betts Corporation is a leading manufacturer of interconnect products. Powerex is a leading manufacturer of power semiconductors including IGBTs, Intelligent Power Modules, high current rectifiers and SCRs. Futaba Corporation is a leading manufacturer of vacuum fluorescent displays. 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, "We are proud that these important suppliers have recognized the capabilities and strength of our sales organization and have given us the opportunity to sell their products in all of our sales office locations. The new markets gained through these expanded agreements with Atmel, Chips and Tech, T & B and other key vendors allow All American to continue to expand its 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" and to enhance its customer service by being able to provide all of our valued customers with the fine quality products these manufacturers offer." 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 |
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