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September 2, 2008 - Avnet Named Best Overall Supplier by Philips Healthcare for Third Consecutive Year

TEMPE, Ariz. -- Avnet Technology Solutions, an operating group of Avnet, Inc. (NYSE:AVT), was recently honored as the 2007 Best Overall Supplier by Philips Healthcare, a global leader in diagnostic imaging systems, healthcare information technology solutions, and patient monitoring and cardiac devices. Philips Healthcare previously awarded this distinction to Avnet for the years 2005 and 2006.

"We're pleased to receive this award from Philips Healthcare for the third year in a row," said Pat Cathey, senior vice president and general manager of Avnet Technology Solutions, Americas' Embedded Solutions group. "We've continued to prove our value to Philips, each year building more than 5,000 custom computing assemblies for Philips Healthcare locations around the world. Our flexibility, scalability and focus on achieving excellence in supply chain and life cycle management helped us reach this pinnacle."

Avnet met the stringent criteria for this award, including delivering top performance, helping Philips Healthcare deliver a superior customer experience and achieving consistently high marks as measured by Philips' Global Supplier Rating System. This system measures on-time delivery, price competitiveness, innovation, quality and evidence of contributions to reduction in total cost of ownership.

"Avnet's performance is consistent, and we can count on them to deliver upon their commitments to our business. Their team displays a positive mindset towards addressing challenges, and it is a pleasure to work with them. They have never approached our business as an entitlement, but work diligently to earn our business and respect daily," said William Bagley, vice-president of outsourcing and supply management for Philips Healthcare.

About Avnet Technology Solutions
Avnet Technology Solutions is an operating group of Phoenix-based Avnet, Inc. As a global technology sales and marketing organization, Avnet Technology Solutions has sales divisions focused on specific customer segments and a select line card strategy enabling an exceptional level of attention to the needs of its customers and suppliers. For fiscal year 2008, the group served customers in more than 30 countries and generated US $7.6 billion in annual revenue.

The group's Web site is www.ats.avnet.com. Avnet, Inc. (NYSE:AVT), a Fortune 500 company, is one of the largest distributors of electronic components, computer products and embedded technology in the world. Avnet accelerates its partners' success by connecting the world's leading technology suppliers with a broad base of more than 100,000 customers and providing cost-effective, value-added services and solutions. For the fiscal year ended June 28, 2008, Avnet generated revenue of $17.95 billion. For more information, visit www.avnet.com.

CONTACT:
Avnet Technology Solutions, Americas
Joal Redmond, 480-794-5528
joal.redmond@avnet.com
www.ats.avnet.com

 

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