Avnet Electronics Marketing Wins Cisco Special Collaboration Award

Business Wire, Nov 6, 2007

PHOENIX -- Avnet Electronics Marketing, an operating group of Avnet, Inc. (NYSE: AVT), accepted the Special Collaboration Award from Cisco at the company's 16th Annual Supplier Appreciation Event in Santa Clara, California. The award recognizes suppliers that have exceeded Cisco's expectations in implementing a new program, process, or initiative.

Avnet was chosen for this award based on its consistent, focused efforts to create the tools and reports needed to help Cisco and its manufacturing partners achieve new levels of efficiency in managing inventory on a global basis.

"Working very diligently with Cisco and our contract manufacturing partners, Avnet set the bar in terms of proactive, solutions-oriented service delivery," said Terri Bozzuto, commodity manager of Global Supply Management for Cisco. "We are very pleased to be able to honor them with this award."

Avnet's Harley Feldberg, president of Avnet Electronics Marketing; Greg Frazier, executive vice president, Supply Chain Services; and Barbara Paulsen, global business manager, accepted the award on the company's behalf.

"Avnet's hubbing capabilities have really enhanced our communication and reporting efforts with Cisco and across the board. Through our global partnerships, we can deliver whatever products our customers need, wherever they need them - and we have the supply chain capabilities to back them up no matter where they are in the world," said Paulsen. "We are committed to continue growing our collaborative efforts with Cisco and the supply chain network as a whole, and look forward to an even better year in 2008."

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 73 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.