Nu Horizons Electronics Corp. Announces Americas Distribution Agreement with Silicon Laboratories Inc.; Agreement Involves Distribution of Mixed Signal Integrated Circuit (IC) Technology Products to Customers.MELVILLE, N.Y. -- Nu Horizons Electronics Corp. (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 advanced technology active components and system solutions, today announced a partnership agreement with Silicon Laboratories Inc. (NASDAQ: SLAB), a global leader in the innovation of analog-intensive, mixed-signal integrated circuit A mixed-signal integrated circuit combines analog circuits with digital signal processing (DSP) circuits on a single semiconductor die. An integrated circuit that includes both analog and digital circuitry (but no DSP), like a 555 timer, is generally not considered a mixed-signal (IC) technology. This agreement is effective immediately and involves the distribution of Silicon Laboratories' application specific and general purpose products within 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. , Canada, Mexico, Central and South America South America, fourth largest continent (1991 est. pop. 299,150,000), c.6,880,000 sq mi (17,819,000 sq km), the southern of the two continents of the Western Hemisphere. . Silicon Laboratories' solutions are designed for consumer, industrial, automotive and communications products worldwide including wireless handsets, digital video recorders See DVR. and central office equipment. Their product portfolio includes high-performance, mixed-signal microcontrollers, digital power controllers, AeroFONE(TM) single-chip phone, Aero(R) GSM/GPRS/EDGE transceivers, GSM/GPRS power amplifiers, FM radio tuners, satellite radio tuners, RF synthesizers, silicon direct access arrangements (DAAs), ISOmodem(R) embedded modems, ProSLIC(R) subscriber line The line from the customer site to the local telephone company. See subscriber network. interface circuits, DSL DSL in full Digital Subscriber Line Broadband digital communications connection that operates over standard copper telephone wires. It requires a DSL modem, which splits transmissions into two frequency bands: the lower frequencies for voice (ordinary analog front end ICs, voice codecs, VCXOs, and XOs, SiPHY(R) optical networking Communications between computers, telephones and other electronic devices using light. An optical network is far more reliable and has far greater potential transmission capacity than networking in the electrical domain. See optical fiber. transceivers, clock and data recovery ICs and precision clock ICs. "Nu Horizons expertise in technical sales, logistics and design solutions will provide our customers with a superior level of customer support and service," said Gary Gay, vice president of Silicon Laboratories. "We look forward to leveraging their world-class engineering sales expertise to expand our reach across a multitude of applications and markets." "We are delighted to add Silicon Laboratories to our distribution family," adds Dave Bowers, president of Nu Horizons Distribution Division. "Their diverse portfolio of highly-integrated solutions, and proven track record of introducing best-in-class products to simplify the design process, creates enhanced value for our customers." About Silicon Laboratories Inc. Silicon Laboratories Inc. is a leading designer of high-performance, analog-intensive, mixed-signal integrated circuits (ICs) for a broad range of applications. Silicon Laboratories' diverse portfolio of highly integrated, patented solutions is developed by a world-class engineering team with decades of cumulative expertise in cutting-edge mixed-signal design. The company has design, engineering, marketing, sales and applications offices throughout North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , Europe and Asia. For more information about Silicon Laboratories please visit www.silabs.com. About Nu Horizons Electronics Corp. Nu Horizons is a leading global distributor of advanced technology active components and system solutions, including analog, clock and timing devices, communications, computer products, discretes, 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, interface, logic, memory, microcontrollers and microprocessors, opto electronics and power, to a wide variety of commercial original equipment manufacturers (OEMs). With sales facilities in forty-three locations across North America and Asia, and logistics centers in centralized locations throughout the globe, Nu Horizons partners with a limited number of best-in-class suppliers to provide in-depth product and solutions expertise to its customers. Information on Nu Horizons and its services is available at http://www.nuhorizons.com. Except for historical information contained herein, the matters set forth in this news release are forward looking statements that involve certain risks and uncertainties that could cause actual results to differ from those in the forward-looking statements. Potential risks and uncertainties include such factors as the level of business and consumer spending Consumer demand or consumption is also known as personal consumption expenditure. It is the largest part of aggregate demand or effective demand at the macroeconomic level. for electronic products, the amount of sales of the Company's products, the competitive environment within the electronic component industry, the ability of the Company to continue to expand its operations, the level of costs incurred in connection with the Company's expansion efforts and the financial strength of the Company's customers and suppliers. Investors are also directed to consider other risks and uncertainties discussed in documents filed by the Company with the Securities and Exchange Commission. |
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