Unterpremstaetten, Austria and Singapore – 6 January 2005 – austriamicrosystems AG (SWX: AMS), a leading global designer and manufacturer of analog integrated circuits (ICs) for industrial, medical, communications and automotive applications, and Nu Horizons Electronics Asia Pte. Ltd. (NASDAQ:NUHC), a leading distributor of high technology active components; today announced a partnership agreement to distribute austriamicrosystems’ ASSP and Standard Linear IC products throughout Asia Pacific. Under the agreement which is effective immediately, Nu Horizons will distribute austriamicrosystems' entire line of standard semiconductor products within the countries of Australia, China, India, Korea, Malaysia, New Zealand, Philippines, Singapore, Taiwan and Thailand. All demand creation, engineering support and product distribution will be managed locally through Nu Horizons’ offices. With headquarters in Singapore and offices throughout the Asia Pacific region, Nu Horizons is a leading force in high technology component distribution in Asia Pacific and provides full coverage of all major market segments in the region. austriamicrosystems, headquartered in Austria with 16 locations worldwide, is strongly positioned in the global analog semiconductor market offering customized and standard products. austriamicrosystems is actively expanding its ASSP (Application Specific Standard Products) and Standard Linear portfolio with ASSPs targeting industrial control, communications and automotive markets among others and Standard Linear products for a wide variety of applications.“Nu Horizons has built a successful Asian distribution program that offers manufacturers premium service and support capabilities,” said Carlo Rebughini, Head of Sales for austriamicrosystems. “We expect our partnership to strengthen our regional distribution presence within the communications, industrial, medical and automotive market segments. Given our focus on expanding our standard product offering, our goal was to partner with a distributor offering excellent market access and a dynamic sales approach to support our standard product and Standard Linear strategy. We look forward to utilizing Nu Horizons’ engineering team and their solutions expertise to promote our product lines to a broad spectrum of customers in the Asia Pacific region.”Vick Aggarwala, president of Nu Horizons Asia Pacific, adds, “We are very excited about the partnership with austriamicrosystems and look forward to a successful and prosperous relationship. austriamicrosystems’ long-standing reputation in analog design and manufacturing strengthens the Nu Horizons line card for all linear and analog products throughout Asia. This agreement enables all Nu Horizons customers to design enhanced, technologically competitive products within the Asian marketplace.” About austriamicrosystems AGaustriamicrosystems is a leading designer and manufacturer of high performance analog ICs, combining more than 20 years of analog design capabilities and system know-how with its own state-of-the-art manufacturing and test facilities. austriamicrosystems leverages its expertise in low power and high accuracy to provide industry-leading customized and standard analog products. Operating worldwide with more than 800 employees, austriamicrosystems focuses on the areas of power management, sensors & sensor interfaces, portable audio and car access through its business units Communications, Industry & Medical, Automotive and Full Service Foundry. austriamicrosystems is listed on the SWX Swiss Exchange in Zurich (ticker symbol: AMS). For more information please visit www.austriamicrosystems.com. About Nu Horizons Electronics Corp.Nu Horizons is a leading global distributor of high technology active components, including analog, clock and timing devices, communications, computer products, discretes, flat panel display solutions, interface, logic, memory, microcontrollers and microprocessors, opto electronics and power, to a wide variety of commercial original equipment manufacturers (OEMs). With sales facilities in thirty-seven locations across North America, Europe and Asia, and logistics centers in centralized locations throughout the globe, Nu Horizons partners with a limited number of best-in-class suppliers to provide in-depth product and solutions expertise to its customers. Information on Nu Horizons and its services is available at www.nuhorizons.com.About Nu Horizons Asia Pte LtdNu Horizons Electronics Asia Pte Ltd. is a wholly-owned subsidiary of Nu Horizons Corp, a global distributor of high technology active components. Headquartered in Singapore, Nu Horizons has sales facilities in 11 regional locations including: Hong Kong, Shanghai and Shenzhen (China); Bangalore, Hyderabad, Mumbai and New Delhi (India); Penang (Malaysia); Singapore; Seoul (South Korea); and Taipei (Taiwan). Additional Information on Nu Horizons Electronics Asia Pte Ltd. and its services is available at www.nuhorizons.com.sg/. Except for historical information contained herein, the matters set forth in this news release are forward looking statements that involve certain risks and uncertainties that could cause actual results to differ from those in the forward-looking statements. Potential risks and uncertainties include such factors as the level of business and consumer spending for electronic products, the amount of sales of the Company's products, the competitive environment within the electronic component industry, the ability of the Company to continue to expand its operations, the level of costs incurred in connection with the Company's expansion efforts and the financial strength of the Company's customers and suppliers. Investors are also directed to consider other risks and uncertainties discussed in documents filed by the Company with the Securities and Exchange Commission.
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