Avnet Electronics Marketing Americas and Molex Mark 30th Anniversary with $1.5 Billion in Product Sales

For three decades, Avnet Electronics Marketing Americas, a business region of Avnet, Inc. (NYSE: AVT), and electronic connector manufacturer Molex Incorporated have leveraged their collective strengths to build a relationship like none other -- all while earning approximately $1.5 billion in sales of Molex products generated by Avnet. In 2012, Avnet and Molex celebrate this milestone and reflect on the accomplishments of the past 30 years.

Click to Tweet: Avnet & @Molex celebrate 30 years with $1.5B in sales & support for @FIRSTweets. Read more: http://avnet.me/57489

“As with any other relationship, the longstanding partnership we’ve had with Molex continues to deepen and evolve,” said Ed Smith, president, Avnet Electronics Marketing Americas. “Our teams of account managers, field application engineers and supply chain professionals are experts when it comes to the expansive Molex product line and have been able to help our customers get to market faster by helping them choose the best products to fit their unique design needs. We’re looking forward to the next 30 years and beyond.”

Since 1982, Avnet has been helping Molex provide electronic, electrical and fiber optic interconnection products and systems to the interconnect industry in the Americas, Europe and Asia. Together, Avnet and Molex help ensure coordination of resources to meet customers' needs globally. During this time, they have seen Molex offerings expand to more than 100,000 products that meet the needs of customers in a broad range of industries -- including industrial automation, telecommunications, medical, military/aerospace, consumer electronics and alternative energy.

“This excellent global partnership we have shared for the past 30 years provides a meaningful advantage for both companies and gives our customers leading edge technology innovation linked with excellent service solutions,” states Graham Brock, executive vice president, global sales and marketing, Molex.

To view all Molex products offered by Avnet Electronics Marketing, visit www.avnetexpress.com.

Sponsoring the Future of Innovation

To celebrate this milestone, Avnet has made a charitable donation to the FIRST® Robotics Competition in honor of Molex. FIRST Robotics is a non-profit organization, led by American innovator Dean Kamen, that seeks to inspire children and young adults to pursue careers in science, technology, engineering and math (STEM). For more information about FIRST, visit www.usfirst.org.

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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, 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 globally. Avnet accelerates its partners' success by connecting the world's leading technology suppliers with a broad base of customers by providing cost-effective, value-added services and solutions. For the fiscal year ended June 30, 2012, Avnet generated revenue of $25.7 billion. For more information, visit www.avnet.com.