Avnet Applied Computing Solutions and CTX Join Forces to Target Growing Industrial LCD Market.PHOENIX -- Agreement Provides Avnet Applied Computing Solutions' Embedded Computing Customers with CTX's Display Products Designed for Industrial Applications Avnet Applied Computing Solutions, a division of Avnet, Inc. (NYSE NYSE See: New York Stock Exchange :AVT AVT avian arginine vasotocin. See vasotocin. ) that provides distribution, engineering, integration and manufacturing services, today announced a new relationship with CTX CTX Context (Management; Tandem) CTX Centex Corporation (stock symbol) CTX Centrex CTX Cyclophosphamide CTX Corporate Trade Exchange CTX Cytoxan CTX Cholera Toxin CTX Clinical Trial Exemption Technology Corporation designed to expand its offerings for the industrial computing market. Under the agreement, Avnet Applied Computing Solutions will offer CTX's full range of industrial 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 products to original equipment manufacturers (OEMs), independent software providers (ISVs) and value-added resellers (VARs) focused on embedded computing solutions. Among the applications requiring industrial-quality displays are ATMs, gaming, hospitality, kiosks, medical, military/government, and point-of-sale (POS (1) See point of sale and packet over SONET. (2) "Parent over shoulder." See digispeak. POS - point of sale ) devices. "When searching for a company to help us expand the market presence of our newly-added line of industrial display products, Avnet Applied Computing Solutions quickly emerged as a unique business that is aligned with our market goals," said Jim Chen Jim Chen is the current Dean of the University of Louisville Brandeis School of Law, after recently leaving his position as professor of law at the University of Minnesota Law School. , 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. , CTX Technology Corp. "We were impressed by Avnet's expertise in the industrial flat panel market, the broad base of customers they serve, and the Avnet engineering resources available to design-in and support industrial flat panel solutions. We are excited about this relationship and the synergies it will bring to our customers." According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. market intelligence firm iSuppli Corporation, the industrial/financial/digital signage markets for large size (greater than or equal to 10-inch) TFT (Thin Film Transistor) The term typically refers to active matrix screens on laptop computers. Active matrix LCD provides a sharper screen display and broader viewing angle than does passive matrix. See LCD and thin film. TFT - Thin Film transistor liquid crystal displays (LCDs) 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. is projected to reach $394 million in 2005 and grow to $578 million in 2007. To help meet the growing customer demand for these products, Avnet Applied Computing Solutions will offer its customers CTX's complete line of industrial display products, including: --16:9 Video Monitors --Chassis Monitors --Digital Signage LCDs --Open frame LCDs -- including versatile open chassis for special mounting applications ideal for kiosk and industrial PC applications --Panel mount LCDs --POS touch screen displays -- based on 5-wire resistive resistive /re·sis·tive/ (re-zis´tiv) pertaining to or characterized by resistance. , infrared (IR) or surface wave (SAW) technology --Rack mount LCDs --Rear mount LCDs Avnet Applied Computing Solutions also offers customers a wide variety of technical and engineering services to support the development of applications using industrial LCDs. The division's technical experts understand the unique needs of the industrial market and help customers select the ideal type of LCD and complementary products for their solutions. In addition, Avnet Applied Computing Solutions' engineering staff assists customers in designing displays into their applications, and customers can leverage Avnet Applied Computing Solutions' integration center to speed the integration and configuration of complete industrial LCD solutions. "Because of the demanding environments industrial applications operate in, the displays for these solutions must meet a unique set of requirements," said Michael Gaeta, vice president of enabling technologies, Avnet Applied Computing Solutions. "The CTX Industrial product offers Avnet's industrial customers a high-quality, ruggedized solution that is extremely cost competitive. The combination of Avnet Applied Computing Solutions' expertise in the industrial computing market and CTX's commitment to offering high-quality flat panel display products will help customers meet the growing demand for specialized embedded computing solutions." In addition, CTX's line of industrial displays offers long product lifecycles which is an important factor in this market space. Avnet Applied Computing Solutions assists customers in navigating product lifecycle management and determining the solutions best-suited to meet the needs of their products' lifecycles. About Avnet Applied Computing Solutions Avnet Applied Computing Solutions focuses on the unique requirements of computing original equipment manufacturers (OEMs), independent software vendors (ISVs) and value-added resellers (VARs) that need to bring embedded systems Embedded systems Computer systems that cannot be programmed by the user because they are preprogrammed for a specific task and are buried within the equipment they serve. or wireless and data collection solutions to market quickly. By partnering with Avnet Applied Computing Solutions to provide engineering, integration, logistics and support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services , companies can focus on developing innovative solutions for their customers more quickly and profitably than the competition. Avnet Applied Computing Solutions leverages the supply-chain leadership and global presence of parent company Avnet, Inc. to provide its customers with the world-class supply-chain management, financing and distribution capabilities that help them be "First to Market(TM)". Avnet, Inc. (NYSE:AVT), is a Fortune 500 company with current revenues exceeding $13 billion, and one of the world's largest technology marketing, distribution and services companies. For more information about Avnet Applied Computing Solutions, please visit www.acs.avnet.com/. About CTX Technology Corporation CTX Technology Corporation has been a true leader in the high-performance display technology. Headquartered in City of Industry, CA, the company is a diversified manufacturer of high-technology products including CRT (1) (C RunTime) See runtime library. (2) (Cathode Ray Tube) A vacuum tube used as a display screen in a computer monitor or TV. The viewing end of the tube is coated with phosphors, which emit light when struck by electrons. monitors, LCD flat panel displays, large-screen multimedia displays, and a full line of industrial products. CTX products are currently used in a variety of professional and consumer markets including desktop publishing, imaging, graphics and content creation, presentation, educational and general computing applications. For more information on CTX, visit the company's Web site at www.ctxtec.com. |
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