Avnet Electronics Marketing and i2 Announce Relationship to Offer Expanded Component Database to Support Environmental Compliance.PHOENIX & DALLAS -- Initial offering to address six RoHS materials, including lead, with quantitative maximum concentrations Avnet Electronics Marketing, Americas and i2 Technologies Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). : ITWO ITWO I2 Technologies (stock abbreviation, AMEX) ) today announced an agreement whereby Avnet Electronics Marketing will offer i2's quantitative data about the hazardous materials in electronic components to electronic original equipment manufacturers (EOEMs) and electronic manufacturing services (EMS) providers. Avnet Electronics Marketing is the largest operating group of Avnet Inc. (NYSE NYSE See: New York Stock Exchange : AVT AVT avian arginine vasotocin. See vasotocin. ), a Fortune 500 company, and serves customers in 68 countries. i2's hazardous materials content is designed to enable customers to measure and understand their current and future compliance exposure through quantitative maximum concentration data about the six materials addressed by the European Union's Directive 2002/95/EC, Restriction of Hazardous Substances (RoHS) legislation. The goal of the i2-Avnet relationship is to offer i2's hazardous materials content as a hosted solution via Avnet's Promiere Component Selector (programming) selector - 1. In Smalltalk or Objective C, the syntax of a message which selects a particular method in the target object. 2. An operation that returns the state of an object but does not alter that state. or BOM Optimizer, or behind a customer's firewall. "The global deadlines for legislative compliance surrounding a whole range of hazardous materials are fast approaching," explained Phil Gallagher, president of Avnet Electronics Marketing, Americas. "It's not just about lead. We are finding that many of our customers intend to get ahead of current legislation and design products that will be completely free of a wide range of harmful materials to gain a competitive advantage in their marketplaces. By partnering with i2, we can leverage their competencies and proven expertise in component information to offer rich, multi-dimensional data about the materials used in electronic components, allowing for faster decisions about environmental compliance." Component suppliers have been designing components to meet restrictions on hazardous substances, but their methods of communicating about their products' substances vary widely. A recent study, co-sponsored by Technology Forecasters Inc. and Avnet Electronics Marketing, revealed that 42 percent of component suppliers do not intend to change part numbers. "The confusion resulting from non-standard information about substances could lead designers and purchasing professionals to remove components from products' bills of materials, to be replaced by clearly marked compliant components," noted Pamela J. Gordon, president of Technology Forecasters Inc. (TFI TFI Tobacco Free Initiative (World Health Organization) TFI The Franklin Institute (Philadelphia, Pennsylvania) TFI The Fertilizer Institute TFI Technology Futures, Inc. ) and author of the book, "Lean and Green, Profit for Your Workplace and the Environment." "Electronic-product companies are asking for standard substance-content identification so they can ensure that their products meet applicable regulations and end-customer specifications. Without a standard, confusion could disrupt supply chains to the detriment of component suppliers and electronic-product companies alike." "Several industry associations are addressing the standardization standardization In industry, the development and application of standards that make it possible to manufacture a large volume of interchangeable parts. Standardization may focus on engineering standards, such as properties of materials, fits and tolerances, and drafting issue," continued Glenn Bassett Glenn Bassett was an American tennis player in the mid-20th century who later would be one of the most successful college tennis coaches of all time. Bassett was the co-captain (with Herb Flam) of the University of California at Los Angeles tennis team that won the NCAA , vice president of strategic business development for Avnet. "However, our customers need information now. Without a cost-effective and timely way to get comprehensive information about an entire bill of materials The list of components that make up a system. For example, a bill of materials for a house would include the cement block, lumber, shingles, doors, windows, plumbing, electric, heating and so on. , customers will be unable to certify cer·ti·fy v. cer·ti·fied, cer·ti·fy·ing, cer·ti·fies v.tr. 1. a. To confirm formally as true, accurate, or genuine. b. compliance to the various global environmental legislative initiatives. With the i2 solution, Avnet will have the capability to help our customers make informed decisions." "In addition to the RoHS attributes, Avnet customers will have access to the Joint Industry Guide (JIG) Level A and Level B substances, as well as significant manufacturing attributes needed to determine the implications for operations," said Tony Dubreville, i2 senior vice president, content and supplier relationship management. "We believe the scope of the available data and the various delivery methods can be a key component in customers' compliance with the new regulations," he concluded. About Avnet Electronics Marketing Avnet Electronics Marketing, serving customers in 68 countries, is the largest operating group of Phoenix-based Avnet Inc., a Fortune 500 company with fiscal 2004 sales in excess of $10 billion, and one of the world's largest technology marketing, distribution and services companies. Avnet Electronics Marketing, Americas (EMA (1) (Enterprise Management Architecture) An earlier strategic plan from Digital for integrating network, system and application management. It provided the operating environment for managing a multi-vendor network. ) serves electronic original equipment manufacturers (EOEMs) and electronic manufacturing services (EMS) providers 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. and Brazil distributing electronic components from leading manufacturers and providing associated services. The company's Web site is located at www.em.avnet.com. About i2 A leading provider of closed-loop supply chain management solutions, i2 designs and delivers software that helps customers optimize and synchronize See synchronization. activities involved in successfully managing supply and demand. i2's global customer base consists of some of the world's market leaders -- including seven of the Fortune global top 10. Founded in 1988 with a commitment to customer success, i2 remains focused on delivering value by implementing solutions designed to provide a rapid return on investment. Learn more at www.i2content.com. i2 is a registered trademark of i2 Technologies US Inc. and i2 Technologies Inc. i2 Cautionary Language This press release may contain forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. that involve risks and uncertainties, including forward-looking statements regarding the nature and goals of the agreement between Avnet and i2, the customer's ability to implement or integrate i2 and Avnet solutions successfully and in a timely fashion, receive expected functionality and performance or achieve benefits attributable to i2 solutions. These forward-looking statements involve risks and uncertainties that may cause actual results to differ from those projected. For a discussion of factors which could impact i2's financial results and cause actual results to differ materially from those in forward-looking statements, please refer to i2's recent filings with the SEC, particularly the Quarterly Report on Form 10-Q Form 10-Q See 10-Q. filed Aug. 9, 2004, and the Annual Report on Form 10-K/A filed on March 17, 2004. i2 assumes no obligation to update the forward-looking information contained in this news release. |
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