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Newark Element14 - Palatine, IL

Original Press Release

Newark InOne Names New President

Press release date: Dec 09, 2006

CHICAGO, DECEMBER 8, 2007--Newark InOne, a subsidiary of global distributor Premier Farnell plc and the leading small-quantity distributor of electronic components, test equipment and RoHS solutions in the Americas, today announced that DeWight Wallace will succeed Paul Tallentire as president, effective March 1, 2007. Mr Tallentire will return to the UK to become president of Newark InOne's sister distributor, Farnell InOne.

Until March 1, Mr. Wallace will continue in his role as General Manager of MCM Electronics,another Premier Farnell business based in Centerville, Ohio. Prior to MCM, Mr. Wallace served in a number of senior engineering, management and consulting roles for Texas Instruments, General Motors and General Electric. As VP, Marketing for GE Capital, he was part of the team that won the GE Chairman's Award for earnings turnaround.

Harriet Green, chief executive, Premier Farnell, comments "DeWight has a superb track record, well-trained by some of the best companies in the world. During his time with our group, he has developed a strong team who has driven some great results. I have every confidence that Newark InOne's excellent market performance over the last year will continue under his leadership."

Mr. Wallace earned his MBA from Ohio State University and holds undergraduate degrees in Physics and Electrical Engineering.

About Newark InOne Newark InOne is the leading small-quantity distributor of electronic components and test equipment in the Americas, and its #1 source for RoHS compliant part, services and information. RoHS is the acronym for the European Union's Restriction of Hazardous Substances law, which took effect July 1, 2006.

Visited by thousands of engineers and electronics buyers each week, the RoHS Express site at www.newarkinone.com/rohs provides critical information to help companies transition to compliance, including: on-demand lead-free soldering webinars, downloadable step-by-step guides to compliance and updates on US and Canadian green laws.

In addition to offering the broadest electronics selection from 440+ top manufacturers for same-day shipping, Newark InOne provides a unique range of value-added services at no charge, including, RoHS Bill of Materials conversions, eProcurement implementation and support, and automatic re-reeling for components.

With multiple sales channels, customers do business with Newark InOne through contact centers, a local branch network in the US, Canada, Mexico and Brazil, a dedicated field sales force and a world-class website at www.newarkinone.com.

Media contact: Janice Fleisher Newark InOne 773.907.5941 jfleisher@newarkinone.com