Avnet Named Best Overall Supplier by Philips Healthcare for Third Consecutive Year

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Tue Sep 2, 2008 11:30am EDT

TEMPE, Ariz.--(Business Wire)--
Avnet Technology Solutions, an operating group of Avnet, Inc.
(NYSE:AVT), was recently honored as the 2007 Best Overall Supplier by
Philips Healthcare, a global leader in diagnostic imaging systems,
healthcare information technology solutions, and patient monitoring
and cardiac devices. Philips Healthcare previously awarded this
distinction to Avnet for the years 2005 and 2006.

   "We're pleased to receive this award from Philips Healthcare for
the third year in a row," said Pat Cathey, senior vice president and
general manager of Avnet Technology Solutions, Americas' Embedded
Solutions group. "We've continued to prove our value to Philips, each
year building more than 5,000 custom computing assemblies for Philips
Healthcare locations around the world. Our flexibility, scalability
and focus on achieving excellence in supply chain and life cycle
management helped us reach this pinnacle."

   Avnet met the stringent criteria for this award, including
delivering top performance, helping Philips Healthcare deliver a
superior customer experience and achieving consistently high marks as
measured by Philips' Global Supplier Rating System. This system
measures on-time delivery, price competitiveness, innovation, quality
and evidence of contributions to reduction in total cost of ownership.

   "Avnet's performance is consistent, and we can count on them to
deliver upon their commitments to our business. Their team displays a
positive mindset towards addressing challenges, and it is a pleasure
to work with them. They have never approached our business as an
entitlement, but work diligently to earn our business and respect
daily," said William Bagley, vice-president of outsourcing and supply
management for Philips Healthcare.

   About Avnet Technology Solutions

   Avnet Technology Solutions is an operating group of Phoenix-based
Avnet, Inc. As a global technology sales and marketing organization,
Avnet Technology Solutions has sales divisions focused on specific
customer segments and a select line card strategy enabling an
exceptional level of attention to the needs of its customers and
suppliers. For fiscal year 2008, the group served customers in more
than 30 countries and generated US $7.6 billion in annual revenue.

   The group's Web site is www.ats.avnet.com. Avnet, Inc. (NYSE:AVT),
a Fortune 500 company, is one of the largest distributors of
electronic components, computer products and embedded technology in
the world. Avnet accelerates its partners' success by connecting the
world's leading technology suppliers with a broad base of more than
100,000 customers and providing cost-effective, value-added services
and solutions. For the fiscal year ended June 28, 2008, Avnet
generated revenue of $17.95 billion. For more information, visit
www.avnet.com.

Avnet Technology Solutions, Americas
Joal Redmond, 480-794-5528
joal.redmond@avnet.com
www.ats.avnet.com

Copyright Business Wire 2008
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