Semtech Names Avnet Memec as European Distributor of the Year

Semtech Names Avnet Memec as European Distributor of the Year

Double digit growth and long term relationship reaps rewards

Poing, Germany, 08 July 2013 – Avnet Memec, an Avnet, Inc. (NYSE: AVT) company, has been presented with the European Distributor of the Year award by Semtech, a supplier of high-quality analogue and mixed-signal semiconductors.

Announcing the award, James Kim, Senior Vice President, Worldwide Sales and Marketing at Semtech commented, “Avnet Memec was the clear winner of this year’s European Distributor of the Year award. They have out-performed the market, posting double-digit growth for the last two years and are Semtech’s only EMEA-wide distributor for our Gennum product lines. The team at Avnet Memec has demonstrated a strong growth plan and commitment to out-perform the market again in the coming years. I am delighted to present them with this award and I look forward to working with them to put that plan into action.”

“Congratulations to everyone in Avnet Memec who has worked hard to delight Semtech. This award is testament to our strong partnership and our successful vertical market sales strategy, for which the Semtech portfolio is a perfect fit. The award and recognition of the team’s efforts is greatly appreciated and we look forward to building on our relationship in the future,” commented, Steve Haynes, President for Avnet Memec.

About Semtech

Semtech Corporation is a leading supplier of analogue and mixed-signal semiconductors for high-end consumer, computing, communications and industrial equipment. Products are designed to benefit the engineering community as well as the global community. The company is dedicated to reducing the impact it, and its products, have on the environment. Internal green programs seek to reduce waste through material and manufacturing control, use of green technology and designing for resource reduction. Publicly traded since 1967, Semtech is listed on the NASDAQ Global Select Market under the symbol SMTC. For more information, visit http://www.semtech.com.

About Avnet Memec

Avnet Memec, a business unit of Avnet Electronics Marketing EMEA, is a highly specialised semiconductor distributor, operating on a pan-European basis and employing a significant number of engineers to support customers’ design efforts. Avnet Memec specialises in highly innovative suppliers and technologies, which will help a variety of customers to differentiate their designs. Its area of specialisation extends from Analog and Microcontrollers to RF, Datacom and Networking. The business unit operates out of 31 offices in 19 European countries and represents major semiconductor franchises on a pan-European basis. www.avnet-memec.eu

Media Contact Avnet Memec

Tom Oelschlaeger – Director Marketing & Communications

Avnet Memec

Phone: +49 (0) 8121 775 146

E-Mail: tom.oelschlaeger@avnet-memec.eu

Press Contact:

Nicki Langley - Neesham Public Relations

Tel: +44 (0) 1622 210080

Email: nickil@neesham.co.uk

Photo caption: Steve Haynes, President Europe, Avnet Memec receives the Semtech Distributor of the Year award from Hans Carper, Director of European Sales, Semtech

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