Energy Micro and Avnet Electronics Marketing Sign Distribution Agreement in Asia
New Deal Completes Global Service Capability
HongKong -- Following successful pan-European and panAmerican distribution agreements between Energy Micro and Avnet, Inc. (NYSE: AVT), Avnet Electronics Marketing Asia, a business region of Avnet, Inc., has signed a contract for distribution of Energy Micro’s ultra low power EFM32 Gecko microcontroller. This means that Avnet now represents Energy Micro in Asia, Europe and the Americas, giving customers a single global source for the world’s lowest power microcontrollers.
Energy efficiency has become a paramount concern for design engineers, particularly in the metering, home & building, alarm & security and medical market. Energy Micro provides the world’s most energy friendly microcontrollers, based on the ARM Cortex-M3 architecture.
“The market is more and more looking for ultra low power, high performance microcontroller solutions - especially for battery operated applications ” said Francis Lam, Avnet Electronics Marketing Asia’s Director of Marketing. “Energy Micro’s award winning line of ultra low power, energy efficient ARM Cortex-M3s, is an excellent solution ensuring we meet the growing energy efficiency needs of our customers.”
“Energy Micro is pleased to extend our Avnet partnership into Asia,” said Bryan Hung, Energy Micro’s VP of Sales for Asia. “Avnet Electronics Marketing Asia is strong in design-in and is a very good fit for us. OEM and CEM customers now operate on a global scale and this latest agreement enables us to support them via Avnet wherever they have design or manufacturing.”
About Avnet Electronics Marketing Asia
Avnet Electronics Marketing, an operating group of Avnet, Inc. (NYSE: AVT), 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, interconnect, 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.
About Avnet, Inc.
Avnet, Inc. (NYSE:AVT), a Fortune 500 company, is one of the largest distributors of electronic components, computer products and embedded technology serving customers in more than 70 countries worldwide. Avnet accelerates its partners’ success by connecting the world’s leading technology suppliers with a broad base of more than 100,000 customers by providing cost-effective, value-added services and solutions. For the fiscal year ended July 3, 2010, Avnet generated revenue of $19.16 billion. For more information, visit www.avnet.com.
About Energy Micro
Energy Micro develops, markets and sells the world’s most energy friendly microcontrollers, based on the industry leading ARM® Cortex™-M3 32-bit architecture. The company was founded in 2007 by experienced semiconductor professionals with previous expertise from Chipcon, Texas Instruments, Atmel, Nordic Semiconductor. Energy Micro is backed by leading Nordic investors Northzone Ventures and Investinor. More information on Energy Micro is available at www.energymicro.com
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