Avnet Electronics Marketing Named Wi2Wi's Exclusive Global Distributor
PHOENIX -- Avnet Electronics Marketing, an operating group of Avnet, Inc. (NYSE: AVT), and Wi2Wi, Inc., a leading provider of OEM communications products, have expanded their distribution agreement that was announced in December. Under the new pact, Avnet has become Wi2Wi's only global distributor and its sole distributor in the Americas, Australia, New Zealand and India.
Wi2Wi offers a full portfolio of low-cost modules and System-in-Package (SiP) products that make adding additional wireless capabilities to products easy and cost-effective. Together, Avnet and Wi2Wi will reduce time-to-market by offering these integrated technologies and fulfillment capabilities to customers on a worldwide basis.
"The addition of Avnet in North America added significantly to our overall revenue growth," stated Reza Ahy, Wi2Wi CEO. "We are confident that expanding this relationship to a global one will accelerate our continued growth while solidifying our presence as a worldwide wireless solutions company. Avnet's impressive global management and supply chain operations will also strengthen our ability to support designs as they migrate to offshore locations which will add considerable value to our current customers' operations."
"Wi2Wi's extensive portfolio of wireless module technology offers customers a very versatile and cost-effective way to incorporate wireless technology into their design applications," said Ravi Kichloo, senior vice president of global semiconductor business development for Avnet Electronics Marketing. "Avnet is honored to continue growing our relationship with Wi2Wi and expanding our semiconductor and supply chain offerings for both companies on a global basis."
For more information about Avnet's Wi2Wi product offering, please visit www.em.avnet.com/wi2wi.
Headquartered in San Jose, Ca., Wi2Wi, Inc., creates innovative, cutting edge wireless complete system-in-package and module products that dramatically reduce time-to-market for RF and system designers, and simplifies the integration of multiple radios into end solutions. Current products include both single and multifunction solutions for 802.11 a,b,g WiFi, Bluetooth, and GPS radio technologies. Incorporated in 2005, Wi2Wi, Inc. was formed via a management buyout of the OEM Group from Actiontec. Wi2Wi supplies solutions and high quality offerings to the medical, industrial, and high end commercial and consumer markets. Wi2Wi, Inc. is committed to providing fully optimized, high performance products in small form factor packages, value-added software solutions in conjunction with our wireless products that address key market needs, and world-class customer service and support levels during the design process. www.wi2wi.com
About Avnet Electronics Marketing
Avnet Electronics Marketing is an 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 more than 70 countries, distributing electronic components from leading manufacturers and providing associated design-chain and supply-chain services. The group's Web site is located at http://www.em.avnet.com.
Avnet, Inc. (NYSE:AVT) is one of the largest distributors of electronic components, computer products and technology services and solutions with more than 300 locations serving more than 70 countries worldwide. The company markets, distributes and optimizes the supply-chain and provides design-chain services for the products of the world's leading electronic component suppliers, enterprise computer manufacturers and embedded subsystem providers. Avnet brings a breadth and depth of capabilities, such as maximizing inventory efficiency, managing logistics, assembling products and providing engineering design assistance for its 100,000 customers, accelerating their growth through cost-effective, value-added services and solutions. For the fiscal year ended June 30, 2007, Avnet generated revenue of $15.68 billion. For more information, visit www.avnet.com.
Avnet Electronics Marketing
Jody Janusch LaRoque, Public Relations, 480-643-2547
Connie Nguyen, 408-416-4219
2107 N. 1st Street,
San Jose, CA 95131