Avnet Electronics Marketing Asia Named Regional Distributor of the Year by Tyco Electronics

Jun 17, 2010, 20:38 ET from Avnet Electronics Marketing Asia

HONG KONG, June 17 /PRNewswire-Asia/ -- The global provider of engineered electronic components, network solutions, specialty products and undersea telecommunication systems, Tyco Electronics, has named Avnet Electronics Marketing Asia as its Regional Distributor of the Year - 2009.

(Logo: http://www.prnasia.com/xprn/sa/200703010917.jpg )

The Tyco Electronics Distributor of the Year Awards honor the firm's top performing distribution partners, and also highlight the standards it has set for its channel partners. This significant achievement represents Tyco Electronics' highest recognition of the outstanding performance and commitment that Avnet Electronics Marketing has made to its business in the last year.

In 2009, Avnet Asia focused on Tyco Electronics' core industries and growing the business despite the challenging market conditions. Avnet's extensive geographical presence in Asia provides a good sales and technical support coverage model for Tyco Electronics' customer base.

Avnet was praised for a variety of achievements, including sales growth, demand identification and creation, customer base expansion and working capital velocity.

"It is always rewarding to receive an award. However, receiving this one from a recognized industry pioneer like Tyco Electronics has made us doubly pleased," said Stephen Wong, president, Avnet Electronics Marketing Asia. "We will continue to add value to our business partnership with Tyco Electronics to keep both Tyco Electronics and Avnet at the forefront of the industry, and we look forward to more success to come in future."

About Avnet Electronics Marketing Asia

Avnet Electronics Marketing Asia is part of Phoenix-based Avnet, Inc. (NYSE: AVT), a Fortune 500 company with fiscal 2009 sales exceeding USD16.23 billion. Serving customers in more than 70 countries, Avnet is one of the largest distributors of electronic components, computer products and embedded technology.

Avnet Electronics Marketing has a significant presence in Asia-Pacific -- the fastest growing electronics market in the world. With its regional headquarters in Singapore, the company has offices in over 40 locations in Asia. Avnet Electronics Marketing Asia distributes semiconductors, interconnects, passive and electromechanical components to serve a wide range of customers including original equipment manufacturers (OEMs), electronic manufacturing services (EMS) providers, and small- to medium-sized businesses, and provides associated design-chain and supply-chain services. More information can be found at http://www.em.avnetasia.com .

    For further information please contact:

    Jaime Chan
     Tel:   +852-2410-2735
     Email: jaime.chan@avnet.com

    Brian Paterson (EBA)
     Tel:   +852-2537-8022
     Email: brian@eba.com.hk

SOURCE Avnet Electronics Marketing Asia