ChipCenter LLC Signs on New Distribution Partner for B-2-B E-Commerce Site; Nu Horizons Electronics Corp. Joins ChipCenter as Fulfillment Partner.Business Editors/High-Tech Writers NEW YORK--(BUSINESS WIRE)--Dec. 21, 1999 ChipCenter LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control (www.chipcenter.com), the premier online information and e-commerce service for electronic engineers and purchasers, today announced that Nu Horizons Electronics Corp, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : NUHC), a leading distributor of high technology active components, has joined ChipCenter as a fulfillment partner. Nu Horizon's breadth of available parts complements ChipCenter's other broadline distribution partners, such as Arrow, Avnet, Pioneer-Standard, and TTI TTI Texas Transportation Institute TTI Thoracic Trauma Index TTI Transmission Time Interval TTI Travel Time Index TTI Travel Technology Initiative TTI Technology Transfer Initiative TTI Traffic and Traveller Information TTI Technology Transfer Institute , and will further strengthen the inventory available on ChipCenter's site. ChipCenter provides global access to electronics engineers and purchasers making information immediately available and yielding commercial access to the most complete inventories of franchised distributors in the industry. "We are thrilled that Nu Horizons has come on as a fulfillment partner," said ChipCenter CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Girish Mhatre. "Adding Nu Horizons' comprehensive line card - including its leading Broadband Communications IC offering - to ChipCenter's SuperCatalog provides a major expansion in all product areas. ChipCenter is now the industry's most comprehensive component channel." "Online business-to-business (B-2-B) E-Commerce in the engineering community has become a reality," added David Bowers, Senior Vice-President of Marketing for Nu Horizons. "After evaluating many E-Commerce engineering channels, we decided that ChipCenter provided a viable channel for Nu Horizons to service this market world wide. Adding Nu Horizons' product portfolio to that of Arrow, Avnet, Marshall (now part of Avnet), Pioneer-Standard, and TTI through ChipCenter, makes a very strong joint venture over the Internet." About ChipCenter, LLC ChipCenter LLC is owned by Arrow Electronics, Inc. (NYSE NYSE See: New York Stock Exchange : ARW), Aspect Development, Inc. (NASDAQ:ASDV ASDV Association for Service Disabled Veterans ASDV Atmospheric Steam Discharge Valve ASDV Advanced SEAL Delivery Vehicle ), Avnet, Inc. (NYSE:AVT AVT avian arginine vasotocin. See vasotocin. ), CMP CMP (cytidine monophosphate): see cytosine. (1) (CMP Media LLC, Manhasset, NY, www.cmp.com) Part of United Business Media, CMP is a leading integrated media company that offers a wide variety of publications and services in the information Media, Inc., and Pioneer-Standard Electronics, Inc. (NASDAQ: PIOS PIOS Personen, Institutionen, Objekte, Sachen ). It is the first comprehensive online service for electronic-component information and sourcing. ChipCenter is a new kind of marketing channel that consolidates demand creation, interest fulfillment and e-commerce transactions in one seamless service, allowing engineers and purchasing agents to Learn, Find, and Buy at one convenient location. For more information, visit http://www.chipcenter.com. About Nu Horizons Nu Horizons Electronics Corp., listed on the NASDAQ National Market (NUHC) is a leading distributor of high technology active components including communications circuits, microprocessors, digital and linear circuits, diodes and transistors, to a wide variety of original equipment manufacturers. Nu Horizons is a franchised distributor of components manufactured by many major semiconductor manufacturers. It distributes semiconductor components throughout North America with sales facilities in twenty-eight locations and stocking facilities on both the East and West coasts. |
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