Jaco Electronics Announces North American Distribution Agreement with Evalue Technology Inc.

HAUPPAUGE, N.Y.--(BUSINESS WIRE)--Jaco Electronics, Inc. (Nasdaq: JACO), a distributor and integrator of electronic components and flat panel solutions, today announced an agreement pursuant to which Jaco will distribute Evalue’s line of embedded computing products throughout North America.

Timothy Kenny, Vice President of Sales and Marketing for Evalue Technology Inc., commented, “I am pleased to join forces with Jaco Electronics to serve our North American customers. Their experienced sales and technical support staff specialize in flat panel displays and integration. By combining our products with their display products we will better be able to serve the growing need for complete display solutions within the embedded computing community.”

Jaco Electronics Chairman and Chief Executive Office Joel Girsky, stated, “The addition of Evalue Technology’s innovative embedded computing products line is consistent with Jaco’s long term strategy of offering a comprehensive array of flat panel (FPD) solutions to our valued customers.”

About Evalue Technology Inc.

Evalue Technology Inc. is an innovator of Applied Computing Solutions. The Tinton Falls, NJ-based company evolved in 2000 by a group of experienced and energetic Embedded PC professionals. The mission of Evalue Technology Inc. is to be the leading Embedded & IA solution provider in this explosive information era. Visit our web page at www.evalue-tech.com to view all the exciting and innovative embedded computing solutions we provide.

About Jaco Electronics

Jaco is a leading distributor of electronic components to industrial OEMs and contract manufacturers. Jaco distributes products such as semiconductors, capacitors, resistors, electromechanical devices, flat panel displays (FPD) and power supplies, which are used in the manufacture and assembly of electronic products, including: telecommunications equipment, computers and office equipment, medical devices and instrumentation, industrial equipment and controls, military/aerospace systems and automotive and consumer electronics.

Jaco has two distribution centers and 16 strategically located sales offices throughout the United States, and one in Beijing, China. The Company operates an in-house FPD integration center housing its engineering and manufacturing staff and operations. The integration center enhances Jaco’s ability to provide customers with unique value-added display solutions and a “one-stop” source for their FPD supply and integration requirements. In addition to customized FPD solutions, Jaco provides a variety of value-added services including automated inventory management services and assembling stock items for customers into pre-packaged kits.