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Avnet Electronics Marketing Named Distributor of the Year by Molex.


PHOENIX -- The Avnet Electronics Marketing Americas business region of Avnet, Inc. (NYSE NYSE

See: New York Stock Exchange
: AVT AVT

avian arginine vasotocin. See vasotocin.
) has been named Distributor of the Year by Molex. The award recognizes Avnet's achievements in year-over-year channel growth, the most design win registrations, and highest percentage of growth in design win registrations in the Americas region during Fiscal 2008.

For over a quarter of a century, Avnet has been helping Molex provide electronic, electrical and fiber optic interconnection in·ter·con·nect  
v. in·ter·con·nect·ed, in·ter·con·nect·ing, in·ter·con·nects

v.intr.
To be connected with each other: The two buildings interconnect.

v.tr.
 products and systems to the 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.
 industry in the Americas, Europe and Asia. Together, Avnet and Molex help ensure coordination of resources to meet customers' needs globally.

"Congratulations to Avnet on winning our 'distributor of the year' award," said Eric Sussman, director of distribution for Molex. "Throughout the past year Avnet has consistently focused on driving our demand creation initiatives, which have directly led to revenue growth that has far outpaced our overall channel growth."

"Molex is an excellent connector supplier and leader in the interconnect space. For over 25 years Avnet has continued to grow its relationship with Molex in an effort to support critical design-based activity and grow business in the Americas region," said Pat Wastal, senior vice president of IP&E for Avnet Electronics Marketing Americas. "We are 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 accept this award in recognition of those efforts and look forward to continuing our joint efforts to help expand Molex's global reach in the future."

For more information about Avnet and Molex, please visit: www.em.avnet.com/molex.

About Avnet Electronics Marketing

Avnet Electronics Marketing is an operating group of Phoenix-based Avnet, Inc. that serves electronic original equipment manufacturers (EOEMs) and electronic manufacturing services (EMS) providers in more than 70 countries, distributing electronic components from leading manufacturers and providing associated design-chain and supply-chain services. The group's Web site is located at www.em.avnet.com. Avnet, Inc. (NYSE: AVT), a Fortune 500 company, is one of the largest distributors of electronic components, computer products and embedded Inserted into. See embedded system.  technology in the world. Avnet accelerates its partners' success by connecting the world's leading technology suppliers with a broad base of more than 100,000 customers and providing cost-effective cost-effective,
n the minimal expenditure of dollars, time, and other elements necessary to achieve the health care result deemed necessary and appropriate.
, value-added services A value-added service (VAS) is a telecommunications industry term for non-core services or, in short, all services beyond standard voice calls and fax transmissions.  and solutions. For the fiscal year ended June 28, 2008, Avnet generated revenue of $17.95 billion. For more information, visit www.avnet.com.
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Publication:Business Wire
Date:Sep 22, 2008
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