Anixter and Decorp Sign International Distribution Agreement.Business Editors/High-Tech Writers SKOKIE, Ill. & HENDERSONVILLE, Tenn.--(BUSINESS WIRE)--March 11, 2003 Professional Installers, Retailers and OEMs in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , South America and the Pacific Rim Pacific Rim, term used to describe the nations bordering the Pacific Ocean and the island countries situated in it. In the post–World War II era, the Pacific Rim has become an increasingly important and interconnected economic region. Gain Easy Access to FlatWire Ready Products Anixter Inc. (NYSE NYSE See: New York Stock Exchange :AXE), the world's leading distributor of communications products, and DeCorp Americas, Inc., the leader in advanced flat wiring and interconnect technologies, today announced they have signed a distribution agreement. Under the agreement, Anixter will stock and distribute the DeCorp FlatWire Ready(TM) product line to its customers throughout North America, South America South America, fourth largest continent (1991 est. pop. 299,150,000), c.6,880,000 sq mi (17,819,000 sq km), the southern of the two continents of the Western Hemisphere. and the Pacific Rim. "In today's market, wiring solutions must deliver both high performance and physical aesthetics," said Frank Matela, vice president of emerging technologies for Anixter. "DeCorp FlatWire Ready products meet both expectations. We are dedicated to providing our customers the most advanced wiring solutions, and adding the DeCorp product line to our inventory is an important part of that commitment." Initially, customers in specific markets will be able to purchase DeCorp flat wire audio products, the industry's thinnest speaker wire, and corresponding interconnect and installation technologies. As DeCorp video, voice/data and electrical flat wire products become commercially available, Anixter customers will be among the first to access them. Anixter serves a broad customer base of professional installers, retailers and original equipment manufacturers (OEMs) around the world. "Wiring home and office environments effectively and efficiently can be quite challenging -- especially in today's climate of tight budgets," said Robb Sexton sex·ton n. An employee or officer of a church who is responsible for the care and upkeep of church property and sometimes for ringing bells and digging graves. , president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of DeCorp Americas. "Our goal is to make wiring a simple process with sophisticated results, empowering decisions based on decorative preferences -- it shouldn't be an invasive and expensive improvement project. DeCorp FlatWire Ready products provide customers with the highest performance, greatest flexibility and maximum value, ensuring results that are pleasing both to technophiles and decorators. Extending our market reach by aligning with Anixter is a natural next step for us." DeCorp patented FlatWire audio wire is available in high-performance and audiophile An individual who is very interested and enthusiastic about the sound quality of a stereo or home theater system. Quality audio components are designed to reproduce the audio without adding any distortion or coloration. grades and ranges from 12 to 18-gauge. The company's patent-pending connectors enable easy connection to conventional speakers and audio components. With DeCorp, customers are able to install surround sound An audio recording and playback system that uses five or more channels plus a subwoofer channel. See 5.1 channel and 3D audio. systems by mounting the flat audio wire directly to a wall or ceiling surface, eliminating the clutter associated with exposed wires and the cost associated with drilling holes through walls, floors and ceilings. DeCorp flat wire then virtually disappears under paint or wallpaper, enabling customers to enjoy both a high-quality sound experience and an aesthetically pleasing decor -- all at a cost that is significantly less than traditional alternatives. About DeCorp Americas DeCorp Americas, Inc., a privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. located in the Nashville, Tenn. area, is the developer of the FlatWire Ready(TM) innovative, patented wiring and interconnection technologies. For more information on DeCorp, visit www.decorp.com. About Anixter Inc. Anixter Inc. (NYSE:AXE) is a leading distributor of communication products and a leading distributor of fasteners fasteners In construction, connectors between structural members. Bolted connections are used when it is necessary to fasten two elements tightly together, especially to resist shear and bending, as in column and beam connections. and other "C" Class inventory components to Original Equipment Manufacturers. The company adds value to the distribution process through its valued-added service and logistics programs and by providing its customers access to 1) more than 185,000 products and approximately $500 million in inventory, 2) 125 warehouses with more than 4.4 million square feet of space, and 3) locations in 193 cities in 40 countries. Founded in 1957 and headquartered near Chicago, Anixter trades on The New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. under the symbol AXE. Additional information about Anixter is available on the Internet at www.anixter.com. (c) 2003 All rights reserved. Product and service names mentioned herein are the trademarks of their respective owners. |
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