Avnet Named to InformationWeek 500 for Its Business Intelligence and Order Management Systems.

Distributor Recognized among the Top 100 Companies for the Fourth Consecutive Year

PHOENIX & MANHASSET, N.Y. -- Avnet, Inc., a leading global technology distributor (NYSE:AVT), today announced that it has been listed on the InformationWeek 500, which recognizes the nation's most innovative users of information technology (IT). Ranking 68th, Avnet has been among the top 100 companies on the magazine's annual list for four consecutive years. The 2007 InformationWeek 500 companies were revealed at a gala awards ceremony held during the InformationWeek 500 Conference in Tucson, Ariz., Sept. 16-19.

For nearly 20 years, InformationWeek has identified and honored organizations using IT to create innovative business value and results with its annual listing. The list is unique among corporate rankings because it spotlights the power of innovation in IT, rather than simply identifying the biggest IT spenders.

"Information technology can transform companies when it is in lockstep with business strategies and goals," said Steve Phillips, chief information officer, Avnet, Inc. "At Avnet, we are committed to implementing and deploying the processes and systems that not only accelerate our success, but also our customers' and suppliers'. We are honored to be part of the prestigious InformationWeek 500 for our innovative use of technology to accomplish our business goals."

Avnet was recognized for two IT-based projects focused on order management and business intelligence, which helped drive business success for Avnet and its customers. Avnet extended its service-oriented architecture (SOA) to key IT channel customers, creating a way for them to obtain comprehensive transaction information in a seamless, integrated format. By leveraging Avnet's investment in SOA, Avnet provided its customers with an end-to-end sales and order fulfillment solution that captures data from a customer's initial quote to solution configuring, ordering, shipping and delivery. This system helped Avnet customers increase their efficiency in managing millions of sales and inventory transactions per day.

Additionally, Avnet's IT team developed a business intelligence system for the company's electronic components sales force. The business intelligence system provided Avnet's sales team with an automated way to obtain transaction-based data for use in customer business plans and strategic planning conversations with customers. With the data readily available through the new system, Avnet's sales force was able to deepen and strengthen their relationships with customers. It also increased their efficiency and expedited new-hire training.

"The InformationWeek 500 honors today's leading companies who set the benchmark for business technology strategies and projects," said InformationWeek Vice President and Publisher, John Siefert. "The companies on our list are some of the most innovative users of technology."

Additional details on the InformationWeek 500 can be found at www.informationweek.com/iw500/.

About InformationWeek (www.informationweek.com)

InformationWeek is the leading multimedia Business Technology brand - online sites, magazine, events and research - providing CIOs and IT decision makers with unique perspective and tools that work in lockstep with their decision making process - from the setting of business strategies to the evaluation and recommendation of technology solutions. Through its cross-media platform, InformationWeek provides editorial content developed by both journalists and CIO and IT peers delivered when and how they want it, 24/7. For Technology Marketers, InformationWeek offers a dynamic portfolio of products to engage and align with the largest, most influential buying audience in the market. This means marketing solutions that target broad audiences (reach), as well as media programs organized by content themes and specific audience segments (composition). The InformationWeek audience of 3 million buyers includes CIOs, IT executives and business managers who cut across industries, job titles, company sizes and global borders.

About CMP Technology (www.cmp.com)

CMP Technology is a marketing solutions company serving the technology industry. Through its market-leading portfolio of trusted information brands, CMP has earned the confidence of more technology professionals than any other media company. As a result, CMP is the premier provider of access, insight and actionable programs designed to connect sellers and buyers in ways that yield superior return on investment. CMP Technology is a subsidiary of United Business Media (http://www.unitedbusinessmedia.com), a global provider of news distribution and specialist information services with a market capitalization of more than $3 billion.

About Avnet

With more than 300 locations serving customers in 73 countries worldwide, Avnet markets, distributes and adds value to the products of the world's leading electronic component suppliers, enterprise computer manufacturers and embedded subsystem providers. Additionally, Avnet brings a breadth and depth of service capabilities, such as supply-chain optimization, logistics solutions, product assembly, device programming, computer system integration and engineering design assistance. For the fiscal year ended June 30, 2007, Avnet generated revenue of $15.68 billion. Visit www.avnet.com/.