Avnet Electronics Marketing Expands Distribution Agreement with SL Power Electronics

PHOENIX--(BUSINESS WIRE)--Electronic components distributor Avnet Electronics Marketing Americas and global power supplies manufacturer SL Power Electronics Corp. today announced they have expanded their franchise agreement to include the Condor product line.

SL Power Electronics Corp., a subsidiary of SL Industries, Inc., is a global manufacturer and marketer of AC/DC and DC/DC power supplies from 6 watts to more than 6,000 watts. Under the new franchise contract, Avnet will now distribute SL Power’s Condor brand power supply products, in addition to the array of Ault products already available from the company.

“Avnet Electronics Marketing has already been very successful selling the Condor range of internal, open-frame AC/DC and DC/DC switch-mode and linear power supplies. With the addition of the Ault brand of external power supplies, we have an ideal extension to our technical power supply solutions and will further increase the attractiveness and competitiveness of our line card for our power customers,” said Pat Wastal, senior vice president for IP&E for Avnet Electronics Marketing.

“SL Power Electronics Corp. is the union of Condor DC Power, the recognized leader in the design of medical power supplies, and Ault, the leader in external power supplies. Avnet Electronics Marketing and Condor D.C. Power have enjoyed a long and mutually beneficial relationship. Going forward we are happy to announce that Avnet will be fully franchised to sell the Ault portfolio of power products,” said Gregory Harris, vice president of sales and marketing for SL Power Electronics. “Combining the engineering and product expertise of SL Power Electronics with the technical, modification and logistical expertise of Avnet enables us to offer flexible and high quality power solutions that are of real benefit to our end customers.”

Avnet carries an array of SL Power’s internal and external power equipment, including: medical and commercial switchers, linears, transformers, switch-mode and medical power supplies, mobile products and battery chargers.

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

Avnet, Inc. (NYSE:AVT) is one of the largest distributors of electronic components, computer products and technology services and solutions with more than 250 locations serving 70 countries worldwide. The company markets, distributes and optimizes the supply-chain and provides design-chain services for the products of the world's leading electronic component suppliers, enterprise computer manufacturers and embedded subsystem providers. Avnet brings a breadth and depth of capabilities, such as maximizing inventory efficiency, managing logistics, assembling products and providing engineering design assistance for its 100,000 customers, accelerating their growth through cost-effective, value-added services and solutions. For the fiscal year ended July 1, 2006, Avnet generated revenue of $14.25 billion. For more information, visit www.avnet.com.