Nu Horizons Electronics Corp. Named to Distribute Linear Technology Products in Asia Pacific
Expansion Builds Upon Successful North American Partnership
MELVILLE, NY – October 5, 2006 - Nu Horizons Electronics Corp. (NASDAQ: NUHC), a leading global distributor of advanced technology semiconductor, display and system solutions, today announced the expansion of their three-year North American partnership agreement with Linear Technology Corporation (NASDAQ: LLTC) into the Asia Pacific region. Effective immediately, Nu Horizons will distribute Linear Technology's complete line of high-performance analog integrated circuits in China, Hong Kong and India.
Wendell Boyd, president of Nu Horizons Electronics Asia Pte Ltd., stated, "Linear Technology is a market innovator in analog and mixed signal and one of our premier North American distribution partners. Their superior product offering is a great compliment to our technology-driven line card. We look forward to leveraging Linear’s full product portfolio with our technical and engineering capabilities to offer specialized design solutions and optimal service and support for our customers.”
About Linear Technology Corporation
Linear Technology Corporation, a manufacturer of high performance linear integrated circuits, was founded in 1981, became a public company in 1986 and joined the S&P 500 index of major public companies in 2000. Linear Technology products include high performance amplifiers, comparators, voltage references, monolithic filters, linear regulators, DC-DC converters, battery chargers, data converters, communications interface circuits, RF signal conditioning circuits, and many other analog functions. Applications for Linear Technology’s high performance circuits include telecommunications, cellular telephones, networking products such as optical switches, notebook and desktop computers, computer peripherals, video/multimedia, industrial instrumentation, security monitoring devices, high-end consumer products such as digital cameras and MP3 players, complex medical devices, automotive electronics, factory automation, process control, and military and space systems. For more information, visit www.linear.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, Pune and New Delhi), 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://ap.nuhorizons.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 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
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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