Arrow Clarifies Arrangement With Seagate.MELVILLE, N.Y.--(BUSINESS WIRE)--Feb. 2, 1999--Earlier today Arrow Electronics, Inc. issued a press release regarding its role in supplying disc drives and tape drive products manufactured by Seagate Technology, Inc. (NYSE NYSE See: New York Stock Exchange :SEG n. 1. (Bot.) Sedge. 2. The gladen, and other species of Iris. 1. A castrated bull. ) to North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. industrial OEMs. Arrow Electronics will provide Seagate's products to its customer base; however, the company is not the only distributor selling these products within North America. Five other companies will also distribute Seagate's product line. Arrow's particular channel focus will be industrial OEMs and systems integrators. "We value Seagate's high quality disc drives and tape drive products and are proud to offer them to our customers in North America," commented Stephen P. Kaufman, Chairman 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 Arrow Electronics. Arrow Electronics is the world's largest distributor of electronic components and computer products, with 1997 sales of $7.8 billion. Headquartered in Melville, New York Melville is a hamlet and census-designated place in the town of Huntington in Suffolk County on Long Island, New York, in the United States. As of the 2000 census, 14,533 people resided there. , Arrow serves as a supply channel partner for more than 600 suppliers and 160,000 original equipment manufacturers and commercial customers through more than 200 sales facilities and 26 distribution centers in 32 countries. Detailed information about Arrow's operations can be found at www.arrow.com. |
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