Distribution agreement expanded to reach key European markets


Munich, Germany and Issy-les-Moulineaux, France — (METERING.COM) — September 5, 2007 – Avnet Memec, the specialized semiconductor distributor of Avnet Electronics Marketing EMEA, has announced the extension of its distribution agreement with Wavecom SA, a supplier of embedded industrial wireless communication solutions. The strategic partnership will be extended to Germany, France, Austria and Switzerland.

Avnet Memec received the Wavecom distributorship through the acquisition of ESCO Italiana in October 2006. This expanded agreement reinforces the already strong position of Avnet Memec as Wavecom distributor in Italy, Greece and Turkey.

“We are very proud that Wavecom has extended the distribution agreement after just 10 months,” stated Steve Haynes, President of Avnet Memec. “It is reward for our activities over the last months and also highlights Wavecom’s trust in our expertise in the field of marketing and selling industrial wireless technology across Europe. Wavecom’s wireless CPU® products fit well into our technology strategy, and our model is well aligned to Wavecom’s expectations.”

Andrew Suttle, Director Indirect Sales EMEA, Wavecom, commented: “Avnet Memec will help Wavecom to further strengthen its position in pre-packaged wireless communication solutions, especially targeting some of the most dynamic industrial wireless markets in Europe. With its know-how in wireless communications plus its extensive team of technical sales and field application engineers, Avnet Memec is well-suited to serve customers with Wavecom technology across Europe.”