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PHOENIX -- C&D Technologies, Inc. has named Avnet Electronics Marketing, an operating group of Avnet, Inc. (NYSE: AVT), its Distributor of the Year. The award was based on outstanding sales revenue and design-win success during the 2006 calendar year.
C&D Technologies designs, manufactures and provides DC power supplies, DC-to-DC converters and magnetic products in custom, standard and modified-standard variations to customers worldwide. "We are pleased to award Avnet the Global Distributor of the Year award. Their robust sales and design success in Europe, along with the rapid growth in North America and Asia, has solidified Avnet as a true global leader for C&D Technologies power products," said Bret Murphy, director of distribution Americas for C&D Technologies.
Tom McCartney, senior vice president of IP&E business development worldwide for Avnet Electronics Marketing, accepted the award on the company's behalf. "We are very pleased to be recognized by C&D Technologies as their Global Distributor of the Year," said McCartney. "Avnet is committed both to C&D Technologies, and the power supply market as a whole. Through our global partnership with C&D Technologies, we can deliver whatever power product our customers need, wherever they need them - and we have the supply chain capabilities to back them up no matter where they are in the world."
About Avnet Electronics Marketing
Avnet Electronics Marketing is an operating group of Phoenix-based Avnet, Inc. (NYSE:AVT), a Fortune 500 company. Avnet Electronics Marketing serves electronic original equipment manufacturers (EOEMs) and electronic manufacturing services (EMS) providers in 70 countries, distributing electronic components from leading manufacturers and providing associated design-chain and supply-chain services. The group's Web site is located at http://www.em.avnet.com.
About Avnet
With more than 250 locations serving customers in 70 countries worldwide, Avnet (NYSE:AVT) markets, distributes and adds value to the products of the world's leading electronic component suppliers, enterprise computer manufacturers and embedded subsystem providers.
Additionally, Avnet brings a breadth and depth of service capabilities, such as supply-chain optimization, logistics solutions, product assembly, device programming, computer system integration and engineering design assistance. For the fiscal year ended July 1, 2006, Avnet generated revenue of $14.25 billion. Visit http://www.avnet.com/.
About C&D Technologies, Inc.
C&D Technologies, Inc. is a technology company that produces and markets systems for the conversion and storage of electrical power, including telecom/industrial batteries, rectifiers and electronics. Corporate headquarters are in Blue Bell, Pennsylvania, USA and the company is traded on the NYSE under the symbol 'CHP'.
The Power Electronics Division of C&D Technologies, Inc. (www.cd4power.com) is headquartered in Mansfield, Massachusetts. The division designs, manufactures and distributes DC/DC Converters, AC/DC Power Supplies, Magnetics, Data Acquisition devices and Panel Meters, and offers these products in custom, standard and modified-standard variations. These products, which are built to exacting requirements in ISO9000:2000-approved facilities, are typically used worldwide within telecommunications, computing, industrial and other high-tech applications.
CONTACT:
Avnet Electronics Marketing
Public Relations
Jody Janusch LaRoque, 602-750-6585
jody.janusch@avnet.com
or
C&D Technologies, Inc.
Marketing Communications Director
John Sutherby, 508-339-3000 ext. 117
jsutherby@cdtechno.com
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