Avnet Electronics Marketing and Microchip Technology Partner in Global Distribution Agreement; Full-Service Distributor to Help Expand and Support Microchip's Worldwide Customer Base

Business Wire, June 13, 2005

CHANDLER, Ariz. -- Avnet Electronics Marketing and Microchip Technology Inc. (NASDAQ: MCHP), a leading provider of microcontroller and analog semiconductors, today announced that Avnet has been added to Microchip's global distribution network. As one of the world's largest technology marketing, distribution and services companies, Avnet Electronics Marketing offers leading design-chain and supply-chain services for embedded engineers worldwide. Avnet's large customer base of electronic original equipment manufacturers and electronic manufacturing service providers in 68 countries allows Microchip to significantly extend its reach to hundreds of thousands of potential new customers.

"Because customers are our focus, Microchip maintains a world-class sales and support network to meet their design and manufacturing needs," said Rick Bosshardt, vice president of worldwide distribution sales at Microchip. "By adding Avnet Electronics Marketing to our distribution network, Microchip's customers in all geographies can now utilize one of the world's largest technology service and support providers."

"Microchip is the No. 1 worldwide supplier of 8-bit microcontrollers, and has a strong portfolio of other analog and embedded-control semiconductors," said Harley Feldberg, president of Avnet Electronics Marketing. "We are confident that our mutual customer base with Microchip will be well served by Avnet's industry-leading design and supply-chain support."

"Avnet's extensive worldwide network of embedded design engineers helps Microchip expand the served available market for all of our semiconductor solutions," Bosshardt added.

About Avnet Electronics Marketing

Avnet Electronics Marketing is the largest operating group of Phoenix-based Avnet Inc. (NYSE: AVT), a Fortune 500 company with fiscal 2004 sales exceeding $10 billion, and one of the world's largest technology marketing, distribution and services companies. 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 company's Web site is located at http://www.em.avnet.com.

About Microchip Technology

Microchip Technology Inc. is a leading provider of microcontroller and analog semiconductors, providing low-risk product development, lower total system cost and faster time to market for thousands of diverse customer applications worldwide. Headquartered in Chandler, Ariz., Microchip offers outstanding technical support along with dependable delivery and quality. For more information, visit the Microchip Web site at www.microchip.com.

Note: The Microchip name and logo are registered trademarks of Microchip Technology Inc. in the United States and other countries. All other trademarks mentioned herein are property of their respective companies.