SAN JOSE, Calif. and MELVILLE, N.Y.
Oct 3, 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.
"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 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.
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SOURCE: Xilinx, Inc.
CONTACT: Lisa Washington, +1-408-626-6272, or
email@example.com, or Dickson Seow, 65-65804948, or
firstname.lastname@example.org, both of Xilinx, Inc.; or Dave Bowers of Nu Horizons,
+1-631-396-5000, or email@example.com