Xilinx, Inc. Expands Partnership Agreement With Nu Horizons Electronics Corp. in Asia Pacific4 October 2005
Xilinx, Inc. (Nasdaq: XLNX), the world's leading programmable logic supplier,
and Nu Horizons Electronics Corp. (Nasdaq: NUHC), a leading distributor of
advanced technology active components and system solutions, today announced
the expansion of their 18-year North American partnership agreement to include
distribution rights in Asia Pacific, including China, Taiwan, Southeast Asia
and India. This agreement is effective immediately and involves the
dissemination of all Xilinx field-programmable gate arrays (FPGAs), complex
programmable logic devices (CPLDs), development software and intellectual
property cores.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020822/XLNXLOGO )
"We're pleased to add Nu Horizons to our worldwide distribution network,"
said Chris Henry, senior director of sales operations at Xilinx, Inc. "Nu
Horizons understands the importance of the demand creation model, which has
led to a solid partnership between our companies over nearly two decades.
Their successful North American demand creation efforts, combined with our
desire to offer customers worldwide a choice of distribution channel partners,
made expansion into Asia Pacific the next logical step in our long-standing
relationship."
Dave Bowers, president of Nu Horizons Distribution Division adds, "Xilinx
is clearly the world leader in programmable logic technology and products and
we are excited about creating new opportunities in both the traditional and
non-traditional FPGA space on their behalf. We have invested in additional
resources to assure seamless support for our customers around the world. Our
commitment to provide leading-edge technologies, coupled with the Xilinx
reputation for quality and performance, strengthens Nu Horizons' global value
proposition to substantiate our future growth plans."
About Xilinx Inc.
Xilinx is the world's leading supplier of programmable logic solutions,
one of the fastest growing segments of the semiconductor industry. Xilinx
supports many of their 15,000+ customers globally through the distribution
channel, and believes that customers require choice for their technical
support and logistics needs. For more information, visit http://www.xilinx.com.
About Nu Horizons Electronics Corp.
Nu Horizons Electronics Corp. is a leading global distributor of high
technology active components, including analog, clock and timing devices,
communications, computer products, discretes, flat panel display solutions,
interface, logic, memory, microcontrollers and microprocessors, opto
electronics and power, to a wide variety of commercial original equipment
manufacturers (OEMs). With sales facilities in thirty-seven locations across
North America and Asia, and logistics centers in centralized locations
throughout the globe, Nu Horizons partners with a limited number of
best-in-class suppliers to provide in-depth product and solutions expertise to
its customers. Information on Nu Horizons and its services is available at
http://www.nuhorizons.com .
Except for historical information contained herein, the matters set forth
in this news release are forward looking statements that involve certain risks
and uncertainties that could cause actual results to differ from those in the
forward-looking statements. Potential risks and uncertainties include such
factors as the level of business and consumer spending for electronic
products, the amount of sales of the Company's products, the competitive
environment within the electronic component industry, the ability of the
Company to continue to expand its operations, the level of costs incurred in
connection with the Company's expansion efforts and the financial strength of
the Company's customers and suppliers. Investors are also directed to consider
other risks and uncertainties discussed in documents filed by the Company with
the Securities and Exchange Commission.
#0594
Source: PR Newswire
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