Monolithic Power Systems Announces New Distribution Agreement with Future Electronics
SAN JOSE, Calif., May 5, 2014 /PRNewswire/ -- Monolithic Power Systems (MPS) (Nasdaq: MPWR), a leading fabless manufacturer of high-performance analog and mixed-signal semiconductors, announced today that MPS has signed a distribution agreement with Future Electronics (Future), a global leading distributor of electronic components, for the promotion and sale of MPS products in the Americas. Future will distribute MPS high-performance power solutions addressing a wide range of analog applications, particularly in lighting and industrial markets.
This distribution agreement allows MPS to leverage Future's extensive field engineering resources and world class physical distribution capabilities. "We are thrilled to partner with Future. I am confident that with Future's deep knowledge in certain key markets, they will expedite MPS' growth in the Americas," says Maurice Sciammas, EVP WW Sales and Marketing.
MPS' extensive product offering and roadmap, provides Future with one of the most robust line cards in the industry. "We believe that MPS' product offering will allow our engineers to provide a wide range of product support to our customer base. Their low current and module solutions will enable us to further expand in the industrial, medical and lighting markets," says Matthew Rotholz, Corporate Vice President, Analog and Power.
About Monolithic Power Systems
Monolithic Power Systems (MPS) is a fabless semiconductor company specializing in high-performance analog ICs. Founded in 1997, MPS's core technology is its innovative and proprietary manufacturing process combined with superior analog circuit design capabilities across system-level and end customer applications. These combined advantages enable MPS to deliver highly integrated monolithic products that offer energy efficient and cost-effective solutions. MPS product families include DC/DC converters, LED drivers and controllers, Class-D audio amplifiers, battery chargers and protections, USB and current-limit switches and AC/DC offline products. MPS has over 1,000 employees worldwide, located in the United States, China, Taiwan, Korea, Japan, Singapore and across Europe. To learn more about Monolithic Power Systems visit www.monolithicpower.com
About Future Electronics
Future Electronics is a global leader in electronics distribution, ranking 3rd in component sales worldwide, with an impressive reputation for developing efficient, comprehensive global supply chain solutions. Founded in 1968, the company has established itself as one of the most innovative organizations in the industry today, with 5,000 employees in 169 offices in 44 countries around the world. Future Electronics is globally integrated, with one worldwide IT infrastructure providing real-time inventory availability and access, while enabling full integration of its operations, sales and marketing worldwide. Offering the highest level of service, the most advanced engineering capabilities and technical solutions through all stages of the design-production cycle, and the largest available-to-sell inventory in the world, Future's mission is always to delight the Customer®. For more information, visit www.FutureElectronics.com.
Monolithic Power Systems, MPS, and the MPS logo are registered trademarks of Monolithic Power Systems, Inc. in the U.S. and trademarked in certain other countries.
SOURCE Monolithic Power Systems, Inc.