3/2/2005 - ZMD AG is counting on a new partnership with the distributor Future Electronics Inc. to extend its market position in North America and Asia. The Canadian company, Future Electronics, is the third largest distributor of electronic components in the world. Substantial promotional measures are being planned in the US and Asia, within the scope of a long-term contract, for the distribution of application specific standard products (ASSPs).
"We have agreed upon a very close cooperation with Future Electronics. This includes the intensive transfer of know-how between ZMD engineers and Future's distribution team in the North America and Asia", explains Thilo von Selchow, ZMD's CEO. He adds: "We can now sell ZMD products in around 80 countries in the world."
About Future Electronics
Future Electronics, a global leader in electronics distribution, ranks 3rd in component sales worldwide. Founded in 1968, the company has emerged as one of the most important entities in the electronics distribution industry. Today, Future Electronics is recognized around the globe as one of the industry's most innovative organizations. This position is built upon Future's commitment to maintain close business partnerships with both suppliers and customers, coupled with the strength of its commercial and technical competencies through all stages of the design-production cycle. The company employs 5,000 employees in 157 offices in 37 countries around the world. Future Electronics' web site can be accessed at www.FutureElectronics.com.
ZMD AG is based in Dresden and has successfully specialised in the design, production and marketing of heavy duty, mixed analogue-digital, application-specific circuits (ASICs) and application specific standard products (ASSPs) with low energy consumption. ZMD is an internationally sought-after manufacturer of application-specific chip sets, memories and processors. ZMD innovations are used in automotive and industrial electronics, medical technology and for infrared interfaces, for example in mobile phones and remote controls. The company was founded in 1961 and has its headquarters in Dresden. ZMD employs over 820 people around the world: It has three American distribution offices in Santa Clara (CA), San Diego (CA), and Melville (NY), in addition to the two in Germany in Stuttgart and Dresden. The company also has design centres in America, in Madison (WI), as well as in Dresden and Stuttgart.
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