CORRECTING and REPLACING Arrow Electronics and SMSC Announce International Distribution...

CORRECTING and REPLACING Arrow Electronics and SMSC Announce International Distribution Agreement

MELVILLE, N.Y.--(Business Wire)--
The email address in the contact section should be
jhourigan@arrow.com (sted pjhourigan@arrow.com).

The corrected release reads:

ARROW ELECTRONICS AND SMSC ANNOUNCE INTERNATIONAL DISTRIBUTION
AGREEMENT

Arrow Electronics, Inc. (NYSE: ARW) today announced a distribution
agreement with SMSC that covers Asia (except Japan) and North and
Central America.

A global supplier of semiconductors that distribute video, audio,
photos and data in the home, automobile, office and factory, SMSC
develops semicustom and application-specific products that allow users
to access or transfer their digital content.

Among the SMSC products covered in the agreement are USB ports in
LCD monitors and set-top boxes, flash media card readers in printers,
and Ethernet ports used in gaming systems and digital televisions.

"We are excited to be working with SMSC in their focus markets -
mobile and desktop PCs, consumer electronics and infotainment, as well
as the industrial and embedded markets," said Jeff Eastman, vice
president of global supplier marketing and asset management for
Arrow's components business. "Bringing SMSC's products to Arrow's
customers will allow them to drive further the convergence of digital
content, whether in the home, office or car."

"Arrow's strong demand creation capabilities and broad
distribution infrastructure make them a natural choice to support
customers using SMSC solutions in computing, consumer, and embedded
electronics in Asia and North America," said Mitch Statham, vice
president of Worldwide Sales at SMSC.

About SMSC

Many of the world's most successful global technology companies
rely upon SMSC as a go-to resource for semiconductor system solutions
that span analog, digital and mixed-signal technologies. Leveraging
substantial intellectual property, integration expertise and a
comprehensive global infrastructure, SMSC solves design challenges and
delivers performance, space, cost and time-to-market advantages to its
customers. SMSC's application focus targets key vertical markets
including consumer electronics, automotive infotainment, PC and
industrial applications. The company has developed leadership
positions in its select markets by providing application-specific
solutions such as mixed-signal system controllers, non-PCI Ethernet,
ARCNET, MOST(R) and Hi-Speed USB.

SMSC is headquartered in Hauppauge, N.Y., with operations in North
America, Asia and Europe. Engineering design centers are located in
Arizona, New York, Texas and Karlsruhe, Germany. Additional
information is available at www.smsc.com.

About Arrow Electronics, Inc.

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 approximately 700 suppliers and 140,000 original equipment
manufacturers, contract manufacturers and commercial customers through
a global network of more than 300 locations in 50 countries and
territories.

SMSC and MOST are registered trademarks of Standard Microsystems
Corporation.

Arrow Electronics, Inc.
John Hourigan, Director, External Communications
303-824-4586 (Media)
jhourigan@arrow.com

Copyright Business Wire 2008