Xilinx,
Inc. Expands Partnership Agreement with Nu Horizons Electronics Corp. in Asia
Pacific
Expansion
Extends Long Standing North American Partnership to Include Select Asian Countries
San
Jose, CA and Melville, NY - October 3, 2005 - Xilinx, Inc. (NASDAQ: XLNX),
the world's leading programmable logic supplier, and Nu Horizons Electronics Corp.
(NASDAQ:NUHC), a leading distributor of advanced technology active components
and system solutions, today announced the expansion of their 18-year North American
partnership agreement to include distribution rights in Asia Pacific, including
China, Taiwan, Southeast Asia and India. This agreement is effective immediately
and involves the dissemination of all Xilinx field-programmable gate arrays (FPGAs),
complex programmable logic devices (CPLDs), development software and intellectual
property cores.
"We're
pleased to add Nu Horizons to our worldwide distribution network," said Chris
Henry, senior director of sales operations at Xilinx, Inc. "Nu Horizons understands
the importance of the demand creation model, which has led to a solid partnership
between our companies over nearly two decades. Their successful North American
demand creation efforts, combined with our desire to offer customers worldwide
a choice of distribution channel partners, made expansion into Asia Pacific the
next logical step in our long-standing relationship."
Dave
Bowers, president of Nu Horizons Distribution Division adds, "Xilinx is clearly
the world leader in programmable logic technology and products and we are excited
about creating new opportunities in both the traditional and non-traditional FPGA
space on their behalf. We have invested in additional resources to assure seamless
support for our customers around the world. Our commitment to provide leading-edge
technologies, coupled with the Xilinx reputation for quality and performance,
strengthens Nu Horizons' global value proposition to substantiate our future growth
plans."
About
Xilinx Inc.
Xilinx is the world's leading supplier of programmable logic
solutions, one of the fastest growing segments of the semiconductor industry.
Xilinx supports many of their 15,000+ customers globally through the distribution
channel, and believes that customers require choice for their technical support
and logistics needs. For more information, visit www.xilinx.com.
About
Nu Horizons Electronics Corp.
Nu Horizons Electronics Corp. is a leading
global distributor of high technology active components, including analog, clock
and timing devices, communications, computer products, discretes, flat panel display
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 thirty-seven 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 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. |