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Avnet Electronics Marketing Named Vishay's Distributor of the Year

Wednesday, June 11, 2003 10:57 am MST

Dateline:

PHOENIX

Public Company Information:

market not identified:
AVT
"Avnet Electronics Marketing accepts this award with great pleasure"
PHOENIX--(BUSINESS WIRE)--June 11, 2003--Vishay Americas has named Avnet Electronics Marketing as its Distributor of the Year. This award is based on Avnet's exemplary record in the following metrics: sales volume, inventory optimization, field sales engagement and technical selling, as well as its commitment in promoting the broadest product portfolio in the industry.

"This award was established to give proper recognition to the distributor that fully supports the strategies of Vishay," explained Greg Mefford, director of distribution for Vishay Americas.

"Avnet Electronics Marketing accepts this award with great pleasure," said Alex Iuorio, vice president of business development for Avnet Cilicon. "Our relationship with Vishay has been a mutually rewarding one for many years," added Pat Wastal, senior vice president of the Product Business Group for Avnet IP&E. "We are honored to be recognized in this way, and look forward to great things for the future."

About Avnet Electronics Marketing

Avnet Electronics Marketing, serving customers in 63 countries, is the largest operating group of Phoenix-based Avnet Inc. (NYSE: AVT), one of the world's largest technology marketing, distribution and services companies. Avnet Electronics Marketing, Americas (EMA) serves electronic original equipment manufacturers (EOEMs) and electronic manufacturing services (EMS) providers in North America and Brazil through four focused business units, distributing electronic components from leading manufacturers and providing associated services. Avnet Cilicon focuses solely on semiconductors with dedicated channels to specific end-market segments; Avnet IP&E is the leading interconnect, passive and electromechanical components specialist; Avnet RF & Microwave is the distribution market leader in the sale of components and services to the wireless electronics industry; and Avnet Supply Chain Services provides end-to-end supply chain optimization programs. The company's Web site is located at http://www.avnet.com.

About Vishay Intertechnology

Vishay, a Fortune 1,000 company listed on the NYSE, is one of the world's largest manufacturers of discrete semiconductors (diodes, rectifiers, transistors, optoelectronics and selected ICs) and passive electronic components (resistors, capacitors, inductors and transducers). The company's components can be found in products manufactured in a very broad range of industries worldwide. Vishay is headquartered in Malvern, Pa., and has plants in 16 countries employing more than 25,000 people. Vishay can be found on the Internet at http://www.vishay.com.

Contact:

Avnet Electronics Marketing, Phoenix
Jennifer Read, 480/632-2931
Jennifer.read@avnet.com