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Avnet Memec Launches Americas Partnership Agreement with Monolithic Power Systems.

PHOENIX -- Avnet Memec, a division of Avnet Electronics Marketing Americas, has announced a new agreement to distribute Monolithic Power Systems' (MPS) (Nasdaq: MPWRE) products in the Americas region. Avnet Memec will be the exclusive distributor of MPS integrated circuit products in the United States, Canada, Mexico and South America.

MPS' integrated circuit products are used in a wide variety of applications including computing, communications, industrial control, medical, data processing and multimedia.

"MPS differentiates itself through specialized analog circuits with integrated high performance power capability," said Phil Sansone, senior vice president of Avnet Memec. "MPS' expertise in analog design, combined with their experience in IC manufacturing, allows Avnet to offer customers new options in high-performance, cost-effective analog solutions. Avnet is pleased to have MPS as our new supplier partner."

"We are very pleased to sign Avnet Memec as our exclusive distributor in North America," said John Cantelmo, director of North American sales and marketing for MPS. "Avnet Memec provides MPS with experienced sales and FAE teams dedicated to designing in our proprietary products. Avnet Memec's leadership in value-added supply-chain management will also provide MPS and its customers with a highly streamlined and efficient distribution channel."

About Monolithic Power Systems

Monolithic Power Systems Inc. (MPS) develops and markets proprietary, advanced analog and mixed-signal semiconductors. The company combines advanced process technology with its highly experienced analog designers to produce high-performance power management integrated circuits (ICs) for Cold Cathode Fluorescent Lamp (CCFL) backlight controllers, LED drivers, DC to DC converters, Class D audio amplifiers, and Linear ICs. MPS products are used extensively in computing and network communications products, LCD monitors and TVs, and a wide variety of consumer and portable electronics products. MPS partners with world-class manufacturing organizations to deliver top-quality, ultra-compact, high-performance solutions through the most productive, cost-efficient channels. Founded in 1997 and headquartered in Los Gatos, Calif., the company has expanded its global presence with offices in Taiwan, China, Korea, Japan and Europe, which operate under MPS International Ltd. Visit the company online at

About Avnet Electronics Marketing

Avnet Electronics Marketing is the largest operating group of Phoenix-based Avnet Inc. (NYSE:AVT), a Fortune 500 company. Avnet Electronics Marketing serves electronic original equipment manufacturers (EOEMs) and electronic manufacturing services (EMS) providers in 68 countries, distributing electronic components from leading manufacturers and providing associated design-chain and supply-chain services. The group's Web site is located at

Avnet enables success from the center of the technology industry, providing cost-effective services and solutions vital to a broad base of more than 100,000 customers and 300 suppliers. The company markets, distributes and adds value to a wide variety of electronic components, enterprise computer products and embedded subsystems. Through its premier market position, Avnet brings a breadth and depth of capabilities that help its trading partners accelerate growth and realize cost efficiencies. For fiscal year ended July 2, 2005, Avnet and the recently acquired Memec (closed July 5, 2005) generated combined revenue in excess of $13 billion in the past year through sales in approximately 70 countries. Visit
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Publication:Business Wire
Article Type:Company overview
Date:Mar 22, 2006
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