Avnet Customer Event Brings Local Companies Together to Raise $26,130 for InnVision

SAN JOSE -- Homeless people in Silicon Valley will soon have more food in their stomachs, thanks to the 360 local companies that helped Avnet Electronics Marketing Americas, a business region of Avnet, Inc. (NYSE: AVT), raise $26,130 for InnVision, the area’s largest non-profit provider of shelter and services to the homeless.

The money, raised by more than 1,200 people attending Avnet Electronics Marketing’s Bay Area annual customer appreciation event, will enable InnVision to increase food levels at their emergency food pantry at the InnVision Georgia Travis Center. Currently operating at one day a week with the support of Second Harvest Food Bank, InnVision will now be able to expand the program to accommodate the ever-growing hungry population in Silicon Valley. InnVision will also be able to hire a staff person to manage the program, obtain much needed shelving, carts, etc., in order to run a smooth and professional operation that is so desperately needed.

“InnVision is very honored to have been chosen by Avnet as the recipient of its fundraiser,” said Christine Burroughs, CEO at InnVision. “We’re astonished by the amount raised - it will help InnVision continue to break the cycle of poverty and homelessness in Silicon Valley.”

“Avnet appreciates all the support received from the many customers, suppliers and employees who rallied around us to support InnVision,” said Mike Peckham, district manager for Avnet Electronics Marketing Americas. “Working together, we exceeded our initial goals, and it feels great to be able to do something meaningful to help those who are less fortunate.”

Through generous donations from Avnet suppliers, such as National Semiconductor Corp., Xilinx and others, $10,550 was raised to support InnVision. Avnet employees and customers contributed another $5,580, and Avnet, Inc. provided a $10,000 matching grant.

For more information about Avnet Electronics Marketing’s customer appreciation event, please contact Mike Peckham at 408-435-3701. For more information about InnVision, please contact Christine Burroughs at 408-213-5170.

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About Avnet Electronics Marketing
Avnet Electronics Marketing is an operating group of Phoenix-based Avnet, Inc. that serves electronic original equipment manufacturers (EOEMs) and electronic manufacturing services (EMS) providers in more than 70 countries, distributing electronic components from leading manufacturers and providing associated design-chain and supply-chain services. The group’s website is located at www.em.avnet.com.

About Avnet
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.