Nu Horizons Electronics Corp. and Pletronics, Inc. Announce Global Partnership Agreement for Distribution of Frequency Control Products.MELVILLE, N.Y. & LYNNWOOD, Wash. -- 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 global distributor of advanced technology semiconductor, display and system solutions; and Pletronics, Inc., recently announced their global partnership agreement for the distribution of Pletronics crystal and oscillator oscillator Mechanical or electronic device that produces a back-and-forth periodic motion. A pendulum is a simple mechanical oscillator that swings with a constant amplitude, requiring the addition of energy at each swing only to compensate for the energy lost because of air frequency control products. Pletronics' products service multiple markets which include: industrial, consumer, automotive, communications, telecom, and instrumentation. Pletronics frequency control products (crystals and oscillators) include: PECL PECL PEAR (PHP Extension and Application Repository) Extended Code Language PECL Principles of European Contract Law PECL Positive Emitter Coupled Logic PECL Pseudo-Emitter Coupled Logic PECL Positive-Referenced Emitter Coupled Logic , LVDS (Low Voltage Differential Signaling) A transmission method for sending digital information. LVDS sends data over data high and data low lines rather than data and ground. , CMOS (Complementary Metal Oxide Semiconductor) Pronounced "c-moss." The most widely used integrated circuit design. It is found in almost every electronic product from handheld devices to mainframes. and TTL (1) (Time To Live) A parameter in a network packet that sets a time limit to its validity. In order to prevent an IP packet from propagating endlessly through the network, the value in the TTL field is reduced by each router. , Crystal Clock Oscillators (XO); Voltage Controlled Crystal Oscillators (VCXO VCXO Voltage Controlled Crystal Oscillator ,), Temperature Compensated Crystal Oscillators (TCXO TCXO Temperature Compensated Crystal Oscillator TCXO Temperature-Controlled Crystal Oscillator , (V) TCXO) and Oven Compensated Crystal Oscillators (OCXO OCXO Oven Controlled Crystal Oscillator OCXO Oven Compensated Crystal Oscillator ). "We are very pleased to be teamed up with an important, leading global distributor like Nu Horizons," states Claude Lee, president of Pletronics, Inc. "Pletronics and Nu Horizons share similar business goals, focusing on meeting our customers' needs through innovation, flexibility and responsiveness. This partnership provides our company greater global reach and allows us to participate in Nu Horizons' exceptional demand creation programs." Dave Bowers, president of Nu Horizons Distribution Division adds, "Pletronics is a key supplier of crystals and oscillators whose advanced products are a natural compliment to many of the other suppliers on our line card. We look forward to leveraging Pletronics diversified product portfolio to provide our customers with an additional spectrum of high technology products and solutions." About Pletronics, Inc. Founded in 1979, Pletronics supplies a wide range of frequency control products to major original equipment manufacturers and contract electronic manufacturers around the world. In addition to its headquarters and manufacturing facility in Lynnwood, Washington Lynnwood is a city in Snohomish County, Washington, United States. The population was 33,847 at the 2000 census making it the third largest in Snohomish County and twenty-fourth largest in Washington State. , the company has joint ventures and partnerships with factories in Asia, Europe and North America. For more information, call 425-776-1880 or visit http://www.pletronics.com. 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 48 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. 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 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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