Avnet Electronics Marketing Expands Semiconductor Offerings to Include IBM Foundry Solutions

Business Wire, Dec 6, 2007

PHOENIX -- Avnet Electronics Marketing Americas, a part of Avnet, Inc. (NYSE: AVT), has expanded its engineering services capabilities with the addition of IBM Foundry solutions. This is a result of the expanding relationship that Avnet has with IBM. Under the terms of the new agreement, Avnet will now offer IBM Foundry solutions in North America.

IBM Foundry solutions provide a suite of end-to-end design resources which can benefit the consumer electronics, networking, automotive, wireless communications, power management, media and entertainment, and aerospace and defense markets. Among the IBM Foundry solutions, which can be utilized collectively or a-la-carte, are design centers, design libraries, intellectual properties, manufacturing, test, packaging and more. Offerings include bulk complementary metal-oxide-semiconductor (CMOS), low-power CMOS, RF CMOS, silicon-germanium (SiGe) BiCMOS, and silicon-on-insulator (SOI) technologies.

"By expanding its relationship with IBM and building on its current offering of IBM ASIC design services, Avnet will now be able to offer world-class foundry services to a growing customer-base regardless of market orientation," said Steve Longoria, vice president for semiconductor solutions for IBM Global Engineering Solutions. "IBM's ability to address the foundry needs of clients from every potential market segment will help Avnet continue to aggressively expand their business."

"IBM Foundry solutions offer customers a wide range of process technologies with the flexibility and a proven track record for success. Smaller customers will benefit from a suite of solutions previously only available to larger original equipment manufacturers (OEMs)," said Rafael Cruz, vice president of design services for Avnet Electronics Marketing Americas. "Combined with Avnet's design and supply chain capabilities, designers now have access to a whole new set of options to help speed their design process and time to market."

For more information, please visit: www.em.avnet.com/ibm.> 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 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

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 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.