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Nu Horizons Electronics Corp. Announces Expanded Americas Partnership Agreement with Cirrus Logic, Inc. into India, Asia.

Agreement Involves Distribution of Analog, Mixed Signal and Embedded Integrated Circuit Products

MELVILLE, N.Y. & SINGAPORE -- Nu Horizons Electronics Corp. (NASDAQ:NUHC), a leading global distributor of advanced technology semiconductor, display and system solutions, today announced the recent expansion of their Americas distribution agreement with Cirrus Logic Inc. (NASDAQ:CRUS) to include demand creation and supply chain services within India. To better service Cirrus Logic design customers in the Americas and their Asian contract manufacturing partners, Cirrus Logic has also expanded their distribution agreement with Nu Horizons to include supply chain services into Greater China, Hong Kong, China and Taiwan, along with the ASEAN countries including Malaysia, Philippines, Singapore, Vietnam and Thailand.

Cirrus Logic's products include analog and mixed-signal audio ICs for consumer, professional and automotive entertainment applications, high-precision analog and mixed-signal ICs for industrial applications, and embedded processor integrated circuits (ICs) and ARM-based embedded processors for consumer and professional audio applications.

"Since we began our distribution partnership with Nu Horizons in 2005, Nu Horizons' commitment to design throughout the Americas made this expansion the next logical step in our relationship," said Bob Kromer, vice president of Worldwide Sales at Cirrus Logic. "For our designing customers in North America, Nu Horizons has uniquely developed services to bridge their design to manufacturing requirements through a variety of global supply chain initiatives. In recognition of the value this brings to our customers, Cirrus Logic will continue to support Nu Horizons' creation efforts and their fulfillment requirements that benefit our mutual customers."

Wendell Boyd, president of Nu Horizons Electronics Asia Pte Ltd. adds, "Cirrus Logic is a global leader in developing high-precision analog and mixed-signal integrated circuits. We are happy to now engage the Indian regional market with the well-respected Cirrus brand and look forward to introducing their products to existing and prospective customers. Their pioneering support of a "design anywhere, manufacture anywhere" philosophy sets them apart from their competitors."

About Cirrus Logic, Inc.

Cirrus Logic develops high-precision analog and mixed-signal integrated circuits for a broad range of consumer and industrial markets. Building on its diverse analog mixed-signal patent portfolio, Cirrus Logic delivers highly optimized products for consumer and commercial audio, automotive entertainment and industrial applications. The company operates from headquarters in Austin, Texas, with offices in Europe, Japan and Asia.

About Nu Horizons Electronics Corp.

Nu Horizons Electronics Corp. is a leading global distributor of advanced technology semiconductor, display and system solutions to a wide variety of commercial original equipment manufacturers (OEMs) and Electronic Manufacturing Services providers (EMS). With sales facilities in 49 locations across North America, Europe and Asia and regional logistics centers throughout the globe, Nu Horizons partners with a limited number of best-in-class suppliers to provide in-depth product development, custom logistics and life-cycle support to its customers. Information on Nu Horizons and its services is available at http://www.nuhorizons.com.

About Nu Horizons Electronics Asia Pte Ltd.

Nu Horizons Electronics Asia Pte Ltd. is a wholly-owned subsidiary of Nu Horizons Corp, a global distributor of advanced semiconductor, display and system solutions. Headquartered in Singapore, Nu Horizons has sales facilities in 18 regional locations including: Australia (Melbourne, Sydney), Greater China (Beijing, Chengdu, Hong Kong, Nanjing, Shanghai, Shenzhen, Wuhan and Taipei), India (Bangalore, Hyderabad, New Delhi and Pune), Malaysia (Penang), Singapore, South Korea (Seoul) and Thailand (Bangkok). Additional Information on Nu Horizons Electronics Asia Pte Ltd. and its services is available at http://www.nuhorizons.com.
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Publication:Business Wire
Date:Jan 8, 2007
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