Avnet Electronics Marketing Americas Achieves Largest Sales Increase in North America.PHOENIX -- Avnet Electronics Marketing, the largest operating group of Avnet Inc. (NYSE NYSE See: New York Stock Exchange :AVT AVT avian arginine vasotocin. See vasotocin. ), recently announced that it received recognition from Samtec for the "Largest Sales Increase 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. ." The award is based upon Avnet's year on year sales increase of Samtec products from fiscal year 2004 to 2005. "Samtec is proud to recognize Avnet Electronics Marketing for the largest POS (1) See point of sale and packet over SONET. (2) "Parent over shoulder." See digispeak. POS - point of sale growth in North America in FY2005," said Jim Gribbins, national sales manager sales manager n → gerente m/f de ventas sales manager n → directeur commercial sales manager sale n → for Samtec, Inc. "Avnet's effort to identify and win new business opportunities is acknowledged and appreciated. We look forward to continuing to build on our mutual successes in FY2006." "In our industry, customer service and support plays a fundamentally important role in sustaining year on year growth in sales. Avnet and Samtec have enjoyed excellent sales growth over the past year. This has been a testament to both companies meeting and exceeding new customer requirements," said Pat Wastal, senior vice president of IP&E (Interconnect (1) To attach one device to another. (2) A physical port (plug, socket) or wireless port (transmitter, receiver) used to attach one device to another. , Passive & Electromechanical The use of electricity to run moving parts. Disk drives, printers and motors are examples. Electromechanical systems must be designed for the eventual deterioration of moving components that wear over time. The first TVs were electromechanical systems (see video/TV history). ) for Avnet Electronics Marketing Americas. "It's clear that our eighteen year relationship will continue to be fostered by a mutual commitment toward meeting our common goals." "Samtec has an impressive connector product portfolio that has continued to develop in quality and performance and Avnet is honored hon·or n. 1. High respect, as that shown for special merit; esteem: the honor shown to a Nobel laureate. 2. a. Good name; reputation. b. to have made such an important impact on Samtec's business during fiscal 2005," added Phil Gallagher, president, Avnet Electronics Marketing Americas. "Customer service and product development are very important to both Samtec and Avnet. Our relationship with Samtec has been a mutually rewarding one for many years, one that we look forward to continuing well into the future." About Avnet Electronics Marketing Avnet Electronics Marketing is the largest operating group of Phoenix-based Avnet, Inc. (NYSE:AVT), a Fortune 500 company. Avnet Electronics Marketing serves electronic original equipment manufacturers (EOEMs) and electronic manufacturing services (EMS) providers in 68 countries, distributing electronic components from leading manufacturers and providing associated design-chain and supply-chain services. The group's Web site is located at http://www.em.avnet.com. Avnet enables success from the center of the technology industry, providing cost-effective services and solutions vital to a broad base of more than 100,000 customers and 300 suppliers. The company markets, distributes and adds value to a wide variety of electronic components, enterprise computer products and embedded Inserted into. See embedded system. subsystems. Through its premier market position, Avnet brings a breadth and depth of capabilities that help its trading partners accelerate growth and realize cost efficiencies. For fiscal year ended July 2, 2005, Avnet and the recently acquired Memec (closed July 5, 2005) generated combined revenue in excess of $13 billion in the past year through sales in approximately 70 countries. Visit www.avnet.com/. |
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