Avnet Selects John Paget to Lead Technology Solutions Group.

PHOENIX -- Global technology distribution and services company Avnet, Inc. (NYSE:AVT) has named John E. Paget as global president of its Technology Solutions operating group. Effective March 5, 2007, Paget will have responsibility for the strategic direction and day-to-day worldwide operations for Avnet Technology Solutions, a global, value-added distributor focused on enterprise computer products and embedded subsystems that does business in more than 30 countries. Paget succeeds and reports to Rick Hamada, who was promoted to chief operating officer of Avnet, Inc. in July 2006.

"John brings with him the passion and vision to lead Technology Solutions globally as the distribution industry continues to evolve and focus more on solutions," said Hamada. "He has a deep understanding of the technology industry and a proven track record that I believe make him uniquely suited to the position and a definite asset as we continue to expand our value to customers, suppliers and, of course, our shareholders."

Paget comes to Avnet from Synnex Corporation, where he was president of the Technology Solutions Division and credited for the success of driving the company's focus on higher-end solutions. He previously served as president of Synnex North America and chief operating officer. Prior to that position, he had worldwide responsibility for GE Technology Financial Services as senior vice president and general manager. The organization was a part of GE Commercial Finance, a General Electric company. Prior to that, Paget served as president and chief executive officer of GE Access, a worldwide distributor of Sun Microsystems and complementary products, which was later renamed Access Distribution and acquired by Avnet in December 2006.

"Avnet has a reputation in the industry of being truly a class act that sets the standard for others to follow," said Paget. "I'm excited to be joining a team that exemplifies what it means to be dedicated to quality and professionalism in serving the needs of its business partners."

Throughout his career, Paget has held a variety of executive management positions in sales and operations, including time spent with one of the largest Sun Microsystems value-added resellers (VARs) in the Northeast and one of the top ten HP VARs in the U.S. Paget also held management-level positions in services, sales and marketing operations with many manufacturers, including Compaq Computer Corporation, Digital Equipment Corporation and Xerox Corporation. He received a B.S. in Administrative Services from Pepperdine University.

About Avnet Technology Solutions

Avnet Technology Solutions is a global, value-added distributor focused on enterprise computing solutions and an operating group of Avnet, Inc. representing $4.99 billion in annual revenue for FY'06, with locations in more than 30 countries. As a global technology sales and marketing organization, Avnet Technology Solutions has sales divisions focused on specific customer segments and a select line card strategy enabling an exceptional level of attention to the needs of its customers and suppliers.

About Avnet

Avnet, Inc. (NYSE:AVT) is one of the largest distributors of electronic components, computer products and technology services and solutions with more than 250 locations serving 70 countries worldwide. The company markets, distributes and optimizes the supply-chain and provides design-chain services for the products of the world's leading electronic component suppliers, enterprise computer manufacturers and embedded subsystem providers. Avnet brings a breadth and depth of capabilities, such as maximizing inventory efficiency, managing logistics, assembling products and providing engineering design assistance for its 100,000 customers, accelerating their growth through cost-effective, value-added services and solutions. For the fiscal year ended July 1, 2006, Avnet generated revenue of $14.25 billion. For more information, visit www.avnet.com.

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