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Avnet Integrated Material Services (IMS) has been named Distributor of the Year 2001 by Legerity, Inc. a manufacturer of integrated circuits (ICs) for the communications industry.


Avnet IMS, which provides world-class supply chain management services, was awarded the title by
US-based Legerity in recognition for its sales performance and efforts in creating new opportunities for Legerity's advanced product portfolio. Legerity is a leading manufacturer of analogue and mixed-signal ICs for next generation voice and data communication.


"This award underlines the critical role that the supply chain plays in the success of our component manufacturer partners and the value that Avnet IMS can bring," said Steve Haynes, president, Avnet IMS Europe. "This award is an acknowledgement of how Avnet IMS has evolved from a traditional electronic components distribution model into a dedicated supply-chain services organisation. It reaffirms the need to focus on creating innovative solutions that benefit our suppliers and customers."


"Avnet IMS delivered extensive, first-class support to Legerity throughout 2001," said Alexis Montoya, European distribution manager, Legerity, Inc. "The year 2001 was one of the most challenging periods in the semiconductor industry's history and Avnet IMS's performance is testament to its results-based approach."


About Legerity, Inc.


Legerity, an analogue/mixed-signal IC company focusing on next-generation voice and data networks, develops semiconductor products that enable voice over broadband, packet voice, public voice networks and xDSL line drivers for the new public infrastructure. Legerity is the only fabless semiconductor company that manages its own high-voltage, high-speed bipolar process. Legerity combines its high-voltage and CMOS process technologies, analogue and digital circuit design capabilities, more than 600 patents, and extensive systems and field applications expertise to meet the design challenges of enterprise and telecommunication system manufacturers worldwide. Headquartered in Austin, Texas, Legerity has offices throughout North America, Europe and Asia. Visit Legerity on the Web at http://www.legerity.com .


About Avnet Integrated Material Services (Avnet IMS)


Avnet Integrated Material Services was established in 1996 to provide world- class supply-chain management services. Avnet IMS performs industry- leading material forecasting, material management, supply-chain synchronisation and warehousing services. Avnet IMS has helped hundreds of customers get their products to market faster, decrease cost of ownership and optimise their working capital. Avnet IMS is a service arm of Avnet Electronics Marketing, providing group cross-functional services. Visit Avnet IMS on the Web at http://www.ims.avnet.com



About Avnet Electronics Marketing (Avnet EM)


Avnet EM is the largest operating group of Phoenix-based Avnet, Inc. (NYSE:AVT), a Fortune 500 company with fiscal year 2001 sales of $12.8 billion (year ended June 30, 2001). One of the world's largest distributors of semiconductors, interconnect, passive and electromechanical components from the leading manufacturers, Avnet EM markets, inventories and adds value to these products and provides world-class supply-chain management and engineering design services. Avnet EM serves customers in 63 countries.


Visit its Web site at http://www.avnet.com



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Jonathan Batty/Kay Dunican
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Tel: 01753 790700
Email: jbatty@uk.brodeur.com
kduncian@uk.brodeur.com
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