KEMET Expands Relationship with Jaco Electronics to Include Product Lines from Arcotronics and Evox Rifa.GREENVILLE, S.C. & HAUPPAUGE, N.Y. -- Jaco Electronics, Inc. (Nasdaq: JACO), a global distributor and integrator of electronic components and customized flat panel display A thin display screen for computer and TV usage. The first flat panels appeared on laptop computers in the mid-1980s, and the LCD technology became the standard. Stand-alone LCD screens became available for desktop computers in the mid-1990s and exceeded sales of CRTs for the first time solutions (FPD (1) (Flat Panel Display) See LCD, plasma display, EL display, FED and flat panel display. (2) (Field Programmable Device) An umbrella term for all chips that can be programmed by the customer including SPLDs, CPLDs and FPGAs. See PLD. ), and provider of value-added logistics services, today announced that it has expanded its offering to include those products available to KEMET Corp. (NYSE NYSE See: New York Stock Exchange : KEM) through their acquisitions of Arcotronics Italia S.p.A. and Evox Rifa Group Oyj. Arcotronics is a worldwide leading producer of passive components, electric units, and hi-tech machineries, including SMD (1) (Storage Module Device) A high-performance hard disk interface used with minis and mainframes that transfers data in the 1-4 MBytes/sec range (SMD-E provides highest rate). See hard disk. film capacitors, EMC-RFI filters, aluminum electrolytic e·lec·tro·lyt·ic adj. 1. Of or relating to electrolysis. 2. Produced by electrolysis. 3. Of or relating to electrolytes. e·lec capacitors, ceramic capacitors, wet tantalum capacitors, power electronics, power factor correction Power factor correction (PFC) is a technique of counteracting the undesirable effects of electric loads that create a power factor that is less than 1. Power factor correction may be applied either by an electrical power transmission utility to improve the stability and efficiency , motor applications components and lighting applications components. Evox Rifa manufactures passive electronic components, specializing in plastic film, paper and electrolytic capacitors to the industrial, automotive, consumer electronics and the lighting industries. "We are delighted to further expand our strong relationship with Jaco Electronics," stated KEMET 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. Per-Olof Loof. "Jaco is an established leader in the electronic components distribution sector with nearly half a century of industry expertise and we very much value their shared and ongoing commitment to excellence and focus on customer service." Jaco Chairman and Chief Executive Officer Joel Girsky, stated, "KEMET's acquisitions of Arcotronics and Evox Rifa allow us to better serve Jaco's new and existing customers by providing them with products from two of the leaders in passive components. We are very pleased to expand upon our very successful partnership with KEMET and look forward to continuing to grow together." About KEMET KEMET Corporation applies world-class service and quality to deliver industry-leading, high-performance capacitance solutions to its customers around the world. KEMET offers the world's most complete line of surface-mount and through-hole capacitor technologies across tantalum tantalum (tăn`tələm) [from Tantalus], metallic chemical element; symbol Ta; at. no. 73; at. wt. 180.9479; m.p. 2,996°C;; b.p. 5,400±100°C;; sp. gr. 16.65 at 20°C;; valence +2, +3, +4, or +5. , ceramic, film, aluminum, electrolytic, and paper dielectrics. KEMET's common stock is listed on The New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. under the symbol KEM. Additional information can be found at http://www.kemet.com About Jaco Electronics Jaco is a leading distributor of electronic components to industrial OEMs and contract manufacturers. Jaco distributes products such as semiconductors, capacitors, resistors, electromechanical devices, flat panel displays (FPD) and power supplies, which are used in the manufacture and assembly of electronic products, including: telecommunications equipment, computers and office equipment, medical devices and instrumentation, industrial equipment and controls, military/aerospace systems and automotive and consumer electronics. Jaco has two distribution centers, a warehouse in Singapore, and 15 strategically located sales offices throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . The Company operates an in-house FPD integration center housing its engineering and manufacturing staff and operations. The integration center enhances Jaco's ability to provide customers with unique value-added display solutions and a "one-stop" source for their FPD supply and integration requirements. In addition to customized FPD solutions, Jaco provides a variety of value-added services including automated inventory management services and assembling stock items for customers into pre-packaged kits. |
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