Exar Corporation and Digi-Key Corporation Sign Global Distribution Agreement

Stock Includes Interface, Power Management, and Communications Products

Oct 21, 2010, 07:45 ET from Exar Corporation

FREMONT, Calif., Oct. 21 /PRNewswire-FirstCall/ -- Exar Corporation (Nasdaq: EXAR) announced it has signed a global distribution agreement with Digi-Key Corporation a leading on-line distributor of electronics.

Digi-Key is stocking a broad range of Exar's products, such as serial transceivers and UARTs; a variety of power management ICs such as boost and buck regulators, charge pumps, LED drivers, as well as Exar's PowerXR™ – Exar's programmable power solutions; and, communications products used in T/E carrier and SONET/SDH applications. In addition to these and other components, Digi-Key will carry a variety of proven Exar subsystem solutions including product evaluation and development boards.

"We are excited to be partnering with Digi-Key, a clear leader in on-line distribution with unparalleled worldwide market penetration," said Bentley Long, vice president, Worldwide Sales, Exar Corporation. "Digi-Key's robust web capabilities, focused on solving an engineer's design challenges, include localized websites, technology zones, and dynamic product training modules will accelerate the evaluation and adoption of Exar's products. We look forward to working with Digi-Key to establish and support new customers and markets."  

"Digi-Key is known worldwide for providing the industry's broadest selection of electronic components. We are increasing our extensive product portfolio by adding Exar Corporation to our line card of the world's foremost suppliers," said Dave Doherty, Digi-Key's vice president of semiconductor product. "We believe this partnership will provide both Digi-Key and Exar customers with innovative products to aid in the design engineering process."

About Exar

Exar Corporation delivers highly differentiated silicon, software and subsystem solutions for industrial, datacom and storage applications. For nearly 40 years, Exar's comprehensive knowledge of end-user markets along with the underlying analog, mixed signal and digital technology has enabled innovative solutions that meet the needs of the evolving connected world. Exar's product portfolio includes power management and interface components, communications products, storage optimization solutions, network security and applied service processors. Exar has locations worldwide providing real-time customer support to drive rapid product development. For more information about Exar, visit: http://www.exar.com.

About Digi-Key Corporation

As one of the world's fastest growing distributors of electronic components, Digi-Key Corporation has earned its reputation as an industry leader through its total commitment to service and performance. As a full-service provider of both prototype/design and production quantities of electronic components, Digi-Key has been ranked #1 for Overall Performance for 18 consecutive years from among the nation's more than 200 distributors (EE|Times Distribution Study/August 2009). Offering more than 1.7 million products from more than 440 quality name-brand manufacturers, Digi-Key's commitment to inventory is unparalleled. Access to the company's broad product offering is available 24/7 at Digi-Key's top-rated website, www.digikey.com.

SOURCE Exar Corporation