Celestica Recognizes Avnet Electronics Marketing with Second-Year Global Supplier Award

Business Wire, Oct 24, 2006

PHOENIX -- Avnet Electronics Marketing Americas, the largest operating group of Avnet, Inc. (NYSE:AVT), today announced that its specialized Avnet United division has been awarded a second-year Partners in Performance award by Celestica, a world leader in electronics manufacturing services (EMS). The awards are given annually to Celestica's suppliers, in recognition of their excellence in customer service and their support of Celestica's global supply chain.

"Winning this award two years in a row demonstrates Avnet United's commitment to servicing Celestica's global and innovative delivery of electronics manufacturing services," said Gerry Fay, senior vice president, global and strategic accounts for Avnet United. "Avnet United's sales focus and central position in the global electronics industry gives us the ability to help our customers drive costs out of their design and supply chains."

The 2005 Partners in Performance winners demonstrated a level of responsiveness, flexibility and service that contributed to the success of Celestica's business and positively impacted its customers.

"In today's competitive business environment, the agility of our global supply chain is key to our success," said John Boucher, chief supply chain and procurement officer, Celestica. "As a second-year Partners in Performance award recipient, Avnet United's commitment to flexibility and responsiveness helped support Celestica's success."

About Avnet Electronics Marketing

Avnet Electronics Marketing is the largest 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 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.

About Avnet, Inc.

Avnet, Inc. is the largest distributor of electronic components, computer products and technology services and solutions. With more than 250 locations serving 70 countries worldwide, the company markets, distributes, 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.