Avnet Applied Computing Promises to Distribute New Line of ATA Storage Solutions

2/20/2003 - Promise Technology, Inc., the originator and leading supplier of ATA RAID data protection and storage solutions, announced that it has signed Avnet Applied Computing as part of Promise's industrial distribution channel program. Avnet Applied Computing is a $1.68 billion operating group of Avnet, Inc. (NYSE: AVT) that focuses on the embedded and white box computing markets. Through this partnership, Avnet Applied Computing will promote Promise's complete line of ATA, Serial ATA, and ATA RAID storage controller and subsystem solutions to OEMs and system integrators for embedded and white box systems.

"By adding Promise's ATA RAID controllers to our line card, Avnet will be able to meet the demand for RAID-driven storage arrays in embedded applications that couldn't afford the speed or redundancy advantages of RAID before now; particularly with the Serial ATA drives currently being rolled out by our hard disk drive suppliers," said Mike Gaeta, vice president of storage for Avnet Applied Computing. "Today's embedded device manufacturers and white box system integrators are searching for cost-effective storage technology with higher data access performance. Avnet Applied Computing can now offer complete storage solutions to its customers, based on Promise RAID controllers and the latest Serial ATA hard disk drives from Seagate, Fujitsu, Western Digital, and Hitachi Global Storage Technologies."

"Cost-effective, high-performance storage technology offers a technology cornerstone for today's OEMs and system integrators searching for ways to differentiate their products. In order to better reach these customers, we were seeking a well-established distributor that could effectively promote our industry-leading ATA RAID controller and solution subsystems to OEMs and system integrators," said Ben Barnes, senior director of sales and support for Promise Technology, Inc. "Avnet Applied Computing is a leader in the industrial channel distribution and we anticipate our agreement will support continued success and significant expansion of our industrial, system integrator and second-tier OEM customers."

About Avnet Applied Computing
Avnet Applied Computing focuses on the unique requirements of computing OEMs, Independent Software Vendors and System Builders looking to get embedded systems or white box solutions to market quickly. Avnet Applied Computing offers a wide array of services including engineering assistance, integration and support services, supply-chain management, financing, and physical distribution of end products, including off-the-shelf components such as CPUs, mass storage, displays, embedded computing boards, commercial motherboards, memory modules, networking, mobile/wireless computing, point-of-sale and software products. Avnet Applied Computing, with sales of $1.68 billion, has operations in North America, Europe and Asia. Visit www.aac.avnet.com/

About Avnet
Phoenix-based Avnet, Inc., with fiscal 2002 (year ended June 28, 2002) sales of $8.9 billion, is the world's largest distributor of semiconductors, interconnect, passive and electromechanical components, embedded systems and computer products from the world's leading manufacturers. Serving customers in 63 countries, Avnet also delivers services such as inventory management, supply-chain optimization, bill-of-materials analysis, systems integration and engineering design assistance. Its Web site is located at www.avnet.com/<;http://www.avnet.com/>;.

About Promise Technology, Inc.
Promise Technology is the originator and global leader of ATA RAID, using cost-effective ATA technology to design and manufacture fast, reliable data protection and storage alternatives to SCSI RAID systems. With its history of ATA product and technology development, Promise Technology is the recognized world leader in ATA controllers, ATA RAID cards and ATA RAID subsystems. Promise Technology maintains ongoing product development relationships with leading ATA hard drive manufacturers and server and storage OEMs. Headquartered in Milpitas, CA, the company maintains offices in Europe, Taiwan, and China. For more information, visit Promise Technology's Web site at http://www.promise.com.

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