MELVILLE, NY - April 9, 2007 - Nu Horizons Electronics Corp. (NASDAQ: NUHC), a leading global distributor of advanced technology semiconductor, illumination, display and system solutions has entered an agreement for the global distribution of ON Semiconductor’s (NASDAQ: ONNN) entire portfolio of leading-edge power semiconductor solutions.
“ON Semiconductor is a leading global supplier of performance power solutions whose strong legacy of high quality semiconductor products dramatically strengthens our technology and product portfolio,” said Dave Bowers, president of Nu Horizons’ Distribution division. “Their attention to design-enhanced technology will provide our customers with time-to-market advantages and optimal design support. We couldn’t be more pleased to become their distribution partner.”
ON Semiconductor is a preferred supplier of component solutions for the power supply, computer, consumer, portable and wireless, automotive and industrial markets. With a portfolio of more than 15,000 products, the company offers a broad range of solutions for efficient power management and power distribution, effective circuit protection, and precise clock generation and distribution, as well as a comprehensive portfolio of standard components. Delivering innovative technology and power efficient solutions to meet and exceed emerging global standards, ON Semiconductor’s products enable customers to meet both the design and production challenges of today’s highly-competitive electronics marketplace.
“ON Semiconductor remains focused on demand creation around our growing portfolio of new products in both the vertical and horizontal markets,” said Bob Mahoney, executive vice president of sales and marketing for ON Semiconductor. “Demand creation supported by strong technical field resources is a core competency of Nu Horizons. This makes them a good fit with ON Semiconductor’s growth strategy and a complementary addition to our global distribution network.”
Nu Horizons is a proven worldwide leader in demand creation and logistics, offering customers industry-leading service and support capabilities from design through manufacturing. The company’s design focus provides ON Semiconductor with field technical resources to promote its expanding portfolio of technology products. In addition, Nu Horizons’ single-platform global-infrastructure is uniquely positioned to provide the flexibility desired by customers to support their complex manufacturing requirements.
About Nu Horizons Electronics Corp.
Nu Horizons Electronics Corp. is a leading global distributor of advanced technology semiconductor, display, illumination and system solutions to a wide variety of commercial original equipment manufacturers (OEMs) and Electronic Manufacturing Services providers (EMS). With sales facilities in 49 locations across North America, Europe and Asia and regional logistics centers throughout the globe, Nu Horizons partners with a limited number of best-in-class suppliers to provide in-depth product development, custom logistics and life-cycle support to its customers. Information on Nu Horizons and its services is available at https://www.nuhorizons.com
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