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Press release from Business Wire

Arrow Electronics Signs Global Distribution Agreement with Samsung Electro-Mechanics

Wednesday, March 09, 2011

Arrow Electronics Signs Global Distribution Agreement with Samsung Electro-Mechanics08:00 EST Wednesday, March 09, 2011 MELVILLE, N.Y. (Business Wire) -- Arrow Electronics, Inc. (NYSE:ARW) today announced a global distribution agreement with Samsung Electro-Mechanics, a leading manufacturer of electronic components and technologies. Arrow will provide distribution and design-in services for Samsung Electro-Mechanics worldwide, excluding Korea, for Samsung's broad product offering in the passives area of capacitors, resistors, inductors and crystals. “Samsung is an innovator and a globally recognized leader in technology and electronics,” said Peter Kong, president of global components for Arrow Electronics. “Together with Arrow's strength in supply chain services, value-added capabilities, and global reach, this relationship will help expand our ability to serve our customers' diverse needs around the world.” “Samsung is engaging with Arrow Electronics in a global franchise agreement because of their market position with global customers, excellent sales and technical support and logistics expertise,” said Dr. CJ Choi, executive vice president/chief of business unit for Samsung Electro-Mechanics. “We are looking forward to reaching new markets with our technology into Arrow's global customer base.” About Arrow Electronics Arrow Electronics (www.arrow.com) is a global provider of products, services and solutions to industrial and commercial users of electronic components and enterprise computing solutions. Headquartered in Melville, N.Y., Arrow serves as a supply channel partner for over 1,200 suppliers and 115,000 original equipment manufacturers, contract manufacturers and commercial customers through a global network of more than 340 locations in 52 countries. Arrow Electronics, Inc.Chris Maio, 631-847-5454Manager, External Communicationscmaio@arrow.com