Avnet IP&E Signs Tri-Star Electronics International Inc. Distribution Agreement; Mil-Spec Contacts Manufacturer Enhances Distributor's Mil-Aero Business

12/11/2002 - Avnet IP&E and Tri-Star Electronics International Inc. announced that they have entered into a distribution agreement for the sale of Tri-Star's complete line of hi-rel electrical contacts. The agreement teams the world's largest distributor of interconnect, passive and electromechanical (IP&E) products and services with the manufacturer of the broadest line of mil-spec contacts.

David Bouzek, Tri-Star's vice president of sales and marketing, stated, "This alliance has the potential to yield significant benefits to both parties, and to their mutual customers. Avnet is globally recognized as a premier distributor and the relationship strengthens our national and international channels. We expect not only to reach a broader range of customers, but to significantly add to overall customer satisfaction."

Tri-Star contacts are used by 90 percent of the world's leading aerospace, avionics and electronics OEMs. Avnet IP&E, already a leader in those markets, will be able to even more readily fulfill the requirements of its customers with this addition to its linecard.

"We are extremely excited about this partnership. Tri-Star is the industry's premier manufacturer of hi-rel/mil-spec electrical contacts and we're very optimistic about the benefit this relationship will bring to our mutual customers," said Gary Oliver, Avnet IP&E's vice president and director of Hi-Rel Strategic Marketing.

The Tri-Star product line will be sold through the Hi-Rel/Mil-Aero Strategic Business Unit of Avnet IP&E, specialized and dedicated to servicing the needs of the high reliability, industrial and military/aerospace markets.

About Avnet Electronics Marketing
Avnet Electronics Marketing is the largest operating group of Phoenix-based Avnet Inc. (NYSE:AVT), a Fortune 500 company and one of the world's largest technology marketing and services companies. Avnet Electronics Marketing, Americas (EMA) serves its OEM and EMSI customers in North America and Brazil through specialized, product-focused business units. Avnet IP&E is a leading interconnect, passives and electromechanical components specialist; Avnet RF & Microwave provides RF and Microwave semiconductors, connectors, components and services; and Avnet Cilicon focuses solely on semiconductors with dedicated channels to specific end market segments. The company markets, inventories and adds value to these products and provides world-class supply-chain management and engineering design services. Avnet EM serves customers in 63 countries. The company's Web site is located at www.avnet.com/.

About Tri-Star Electronics International
Headquartered in El Segundo, Calif., Tri-Star Electronics International is the world's largest manufacturer of contacts meeting the stringent requirements of Mil-C-39029. The company has long been the industry leader in offering the most comprehensive line of Hi-Rel contact types including power, signal, thermocouple, coax, and triax with a variety of termination styles including crimp, pc tail, wire wrap and solder cup. For more information, visit www.Tri-StarElectronics.com or call 310/536-0444.

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