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SAN JOSE, Calif.--Dec. 5, 2007—Avnet Memec, a part of Avnet, Inc. (NYSE: AVT) and Wi2Wi Inc today announce that they have entered into a distribution agreement covering the United States, Mexico and Canada. Under the terms of this agreement, Avnet Memec will distribute Wi2Wi's complete line of GPS modules, and WiFi plus WiFi/BT System-in-package products across North America.
Wi2Wi creates innovative, cutting edge wireless module and system-in-package products that dramatically reduce time-to-market for wireless systems designers and simplify the integration of multiple radios into one product. Current products include both single and multifunction, small form factor solutions for 802.11 b/g WiFi, Bluetooth, and GPS radio technologies. The company was created via a management buyout of the OEM Group from Actiontec in 2005.
"The addition of Wi2Wi's innovative product portfolio is an excellent extension to Avnet's overall offering, allowing us to provide a complete wireless solution that will help speed design time and improve time-to-market for our customers," said David Paulson, director of Supplier Business Development for Avnet Electronics Marketing. "We are excited to work with Wi2Wi in bringing these leading edge products to customers throughout North America."
According to Brenda Keener, Wi2Wi director of sales for the Americas, "We are positive that this alliance will dramatically increase our market presence and exposure. The Avnet organization is most impressive and contains quite a few highly synergistic lines – providing our customers 'one-stop-shopping' for a total embedded wireless solution."
About Wi2Wi Wi2Wi Inc. is a premier supplier of 802.11, Bluetooth, GPS, and combination wireless solutions and supplies Module and System-in-Package wireless products to a wide variety of handheld, industrial, consumer, and peripheral OEMs.
Headquartered in San Jose, California, Wi2Wi is committed to providing cost effective, high quality solutions for the wireless communications market by leveraging its patent-pending wireless integration technology along with industry leading silicon and supply chain partnerships. For more information, please visit www.wi2wi.com or send an email to sales@wi2wi.com.
About Avnet Electronics Marketing Avnet Electronics Marketing is an operating group of Phoenix-based Avnet, Inc. (NYSE:AVT), a Fortune 500 company. Avnet Electronics Marketing serves electronic original equipment manufacturers (EOEMs) and electronic manufacturing services (EMS) providers in 70 countries, distributing electronic components from leading manufacturers and providing associated design-chain and supply-chain services. The group's Web site is located at http://www.em.avnet.com.
About Avnet Avnet, Inc. (NYSE:AVT) is one of the largest distributors of electronic components, computer products and technology services and solutions with more than 300 locations serving 70 countries worldwide. The company markets, distributes and optimizes the supply-chain and provides design-chain services for the products of the world's leading electronic component suppliers, enterprise computer manufacturers and embedded subsystem providers. Avnet brings a breadth and depth of capabilities, such as maximizing inventory efficiency, managing logistics, assembling products and providing engineering design assistance for its 100,000 customers, accelerating their growth through cost-effective, value-added services and solutions. For the fiscal year ended June 30, 2007, Avnet generated revenue of $15.68 billion. For more information, visit www.avnet.com.
CONTACT: Avnet Electronics Marketing Jody Janusch LaRoque, Public Relations, 480-643-2547 jody.janusch@avnet.com
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