Nu Horizons Electronics Corp. and Kyocera Industrial Ceramics Corporation Announce North American Partnership; Agreement Offers Nu Horizons Customers Industry Leading Liquid Crystal Display Products

Business Wire, Oct 6, 2005

VANCOUVER, Wash. & MELVILLE, N.Y. -- Nu Horizons Electronics Corp. (NASDAQ:NUHC), a leading distributor of advanced technology active components and system solutions; and Kyocera Industrial Ceramics Corporation (NYSE: KYO), a leading manufacturer and provider of industrial, automotive and semiconductor processing-related advanced ceramic components; today announced a partnership agreement within the United States, Canada and Mexico. This agreement is effective immediately and includes distribution rights for Kyocera's complete line of liquid crystal display products.

A pioneer and technology leader in color STN displays, Kyocera introduced its first color TFT LCD in 2003. With sizes from 2.5" to 10.4" diagonal formats and 1/8th VGA to VGA, Kyocera has the largest STN color transflective product line in the market and offers a wide temperature option (-20 to 70C) in all transmissive and transflective graphic display products, which have become the choice for today's low power applications.

"We are very enthusiastic to have Nu Horizons add the Kyocera display line to their advanced display technology distribution portfolio," said Rick Collins, vice president of Thin Film Devices Sales for Kyocera. "Nu Horizons offers Kyocera an aggressively dynamic display program with excellent support lines and strong sales and engineering expertise in our key markets. This creates the ideal balance of resources and technology to provide our customers with innovative support and advanced solutions."

Dave Bowers, president of Nu Horizons Distribution Division, adds "We are very pleased to partner with Kyocera, who have cemented their position as a leading supplier for small to medium LCD markets where benchmark performance at competitive pricing is a must. Nu Horizons' commitment continues to be providing the products, solutions and support necessary to enable our customers to get to market faster and remain cost effective. This strategic partnership enhances our display line card offering and ensures our customers gain the necessary advantages to remain competitive in today's marketplace."

About Kyocera Industrial Ceramics Corporation

Kyocera Industrial Ceramics Corporation is headquartered in Vancouver, WA with four manufacturing plants and 12 sales offices throughout the United States. The company manufactures advanced ceramic components and CERATIP cutting tools and markets LCDs, thermal printheads, ultra high vacuum metallized assemblies and industrial lenses. It is a wholly-owned subsidiary of Kyocera International, Inc. of San Diego, the North American holding company for Kyocera Corporation.

Kyoto, Japan-based Kyocera Corporation (NYSE:KYO), the parent and global headquarters of the Kyocera Group, was founded in 1959 as a producer of advanced ceramics. By combining these engineered materials with metals and plastics, and integrating them with other technologies, Kyocera Corporation has become a leading supplier of solar energy systems, telecommunications equipment, semiconductor packages, electronic components, laser printers, copiers and industrial ceramics. During the year ended March 31, 2005 the company's net sales totaled 1.18 trillion yen (approx. $11 billion).

About Nu Horizons Electronics Corp.

Nu Horizons is a leading global distributor of advanced technology active components and system solutions, 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 forty-three 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.