Digi-Key Corporation and Stackpole Electronics, Inc. Sign Global Distribution Agreement
Thief River Falls, Minnesota and Raleigh, North Carolina - November 27, 2007 - Electronic components distributor Digi-Key and Stackpole Electronics, Inc. (SEI) announced today that the companies have entered into a worldwide agreement for the distribution of SEI resistors. SEI products include a broad line of surface mount and thru-hole resistors, including thick film, thin film, current sensing, carbon composition, and metal film/oxide as well as a growing line of wirewound and thick film power resistors.
SEI products stocked by Digi- Key are featured in both its print and online catalogs and are available for purchase directly from Digi-Key. The terms of this new distribution agreement will enable Digi-Key to fulfill both the design and production quantity requirements of its diverse customer base.
"We are very excited about our new partnership agreement with Stackpole Electronics," said Mark Larson, Digi-Key president and COO. "Stackpole's commitment to taking care of the customer first makes this company a good match for Digi-Key. We are certain that the design engineers and purchasers we serve every day will be very interested in both the quality and easy accessibility of these products."
"We are thrilled about our new engagement with Digi-Key," said James Mullane, COO of Stackpole. "Digi-Key's total commitment to service and its reputation with engineering and purchasing professionals is unsurpassed. With Digi-Key's commitment to stock a broad line of Stackpole products, it will make it even easier for our customers to get the resistive products they need when they need them."
Company Backgrounds
About Digi-Key Corporation
One of the world's fastest growing distributors of electronic components, Digi-Key has earned its reputation as an industry leader through its total commitment to service and performance. As a full-service provider of both prototype/design and production quantities of electronic components, Digi-Key has been ranked #1 for Overall Performance for 16 consecutive years from among the nation's more than 200 distributors (EE Times Distribution Study/ May 2007). Offering more than a million products from over 350 quality name-brand manufacturers Digi-Key's commitment to inventory is unparalleled. Access to the company's broad product offering is available 24-hours-a-day, seven-days-a-week at Digi-Key's top-rated Web site, www.digikey.com.
About Stackpole Electronics, Inc.
Stackpole Electronics is a privately held company, which began manufacturing resistors in 1928 as part of Stackpole Components Company in St. Mary's, Pa., USA. Affiliated with Akahane Electronics, Stackpole Electronics is now recognized as a leading global supplier to the world's largest OEMs, contract manufacturers and distributors. Headquartered in Raleigh, North Carolina, Stackpole has warehousing facilities in El Paso and Japan and manufacturing facilities in Japan, Taiwan, and China. Sales offices are located in the United States, Tokyo, Singapore, Hong Kong, and Taiwan. For more information, visit www.seielect.com.
Editorial Contacts:
Digi-Key Corporation
Steven G. Tsukichi
Vice President of Marketing
Tel: +1 (218) 681-8000, Ext 1001
steve.tsukichi@digikey.com
Stackpole Electronics, Inc.
James Mullane
Chief Operation Officer
Tel: +1 (919) 875-2487
jmullane@seielect.com
