Intersil and The Memec Group Announce Expanded Distribution Agreement; Memec Will Now Be an Authorized Intersil Distributor in Japan.
MILPITAS & SAN DIEGO, Calif.--(BUSINESS WIRE)--Jan. 7, 2004
Intersil Corporation (Nasdaq:ISIL), a world leader in the design and manufacture of high performance analog semiconductors, and The Memec Group announced that they have entered into an agreement that authorizes Memec to distribute Intersil products in Japan. While Unique Memec in the Americas and Europe and Impact Memec in Southeast Asia previously offered Intersil products, The Memec Group has expanded their relationship to cover Japan.
As a result of the expanded agreement, Memec will offer Intersil's high performance analog solutions in Japan and also utilize their respective networks of field application engineers to strengthen technical support and new product introduction efforts on a more global basis. The Memec Group will supply systems that analyze customer information, track inventory and address customer supply chain requirements. In addition, Memec United, the global EMS services division, will roll out innovative fulfillment models for the EMS and OEM customers.
"We are pleased to expand Intersil's relationship with The Memec Group and have them as an authorized distributor in Japan," said Alden Chauvin, vice president of worldwide sales for Intersil. "They continue to impress us with their ability to drive customer demand for our high performance analog products and to provide the demand management services our customers require."
"Memec's commitment to bringing leading edge technologies to our customers is well suited to Intersil's market position as a top-tier supplier of high performance analog and power management solutions," said David Ashworth, president and CEO, The Memec Group. "Adding Japan to this global relationship with Intersil strengthens and reaffirms Memec's strategy."
Intersil Corporation is a leader in the design and manufacture of high performance analog semiconductors. The company's products address three of the industry's fastest growing markets - flat panel displays, optical storage (CD and DVD recordable) and power management. Intersil products include power management devices for battery management, hot-swap and hot-plug controllers, linear regulators, supervisory ICs, switching DC-DC regulators and power MOSFET drivers; optical storage laser diode drivers; DSL line drivers; video and high performance operational amplifiers; data converters; interface ICs; analog switches and multiplexers; crosspoint switches; voice-over-IP devices; and ICs for military, space and rad-hard applications. For more information about Intersil or to find out how to become a member of our winning team, visit the company's web site and career page at: http://www.intersil.com
About The Memec Group
The Memec Group encompasses three specialist semiconductor distribution companies, Impact, Insight and Unique. Each company focuses on a finite number of supplier partners, thus enabling superior product knowledge and unparalleled demand creation capabilities. Although Memec companies operate independently, they all rely on Memec United, the global logistics and EMS services division, and Memec Design, the design and engineering division, to offer original equipment manufacturers complete semiconductor solutions. Located throughout 42 countries, Memec Group companies collectively represent over 200 developers and manufacturers of advanced semiconductors and intellectual property. With recent start-ups and acquisitions in Japan and Eastern Europe, Memec continues to expand its presence to emerging key areas of the global semiconductor market. Go to http://www.memec.com for more information.
This release may include "forward looking statements" that are subject to risks and uncertainties. For information identifying economic, political, climatic, currency, regulatory, technological, competitive and some other important factors that could cause actual results to differ materially from those anticipated in the forward looking statements, see Intersil's Safe Harbor Forward Looking Statement disclaimer found at http://www.intersil.com/legal.asp, as well as Intersil's SEC filings as updated from time to time, found at http://www.sec.gov.