SiliconSystems and Avnet to Deliver Solid-State Storage Solutions to the Embedded Market
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Avnet Technology Solutions to Expand SiliconSystems Market Presence with Distribution, Engineering, Integration and Logistics Services
ALISO VIEJO, Calif. And Tempe, Ariz., September 10, 2007 - SiliconSystems, Inc., a world leader in advanced storage technology, and Avnet Technology Solutions, a value-added distributor of enterprise computing products, embedded subsystems, software and services and an operating group of Avnet, Inc. (NYSE: AVT), today announced that the two companies have signed a North American distribution agreement. Under this agreement, Avnet will distribute SiliconSystems' complete line of SiliconDrive advanced storage products to embedded original equipment manufacturers (OEMs). Embedded OEMs will also be able to leverage Avnet's world-class distribution, engineering, integration and logistics services to improve their time to market.
SiliconSystems selected Avnet for its market leadership, expertise and commitment to the embedded OEM market. The agreement with Avnet provides SiliconSystems with expanded sales, marketing and application engineering coverage in the networking, communications, industrial, embedded, military and medical markets. SiliconSystems' industry-leading SiliconDrive advanced storage technology is a preferred storage product in these markets because of its high performance, high reliability, multi-year product lifecycle and low total cost of ownership.
"The growing demand for our SiliconDrive product family has made it a necessity to expand the company's sales channel with a high-performing distribution leader," said Michael Hajeck, CEO at SiliconSystems. "SiliconSystems and Avnet share a synergistic customer focus and a dedication to supporting the needs of the embedded OEM market. This shared vision and market focus, combined with Avnet's strong reputation as an industry innovator, makes it an ideal distribution partner for our SiliconDrive products."
Avnet's embedded OEM customers benefit from Avnet's deep technical expertise in the embedded and storage markets. With a team of engineers focused on assisting partners with design, prototype development, system integration and software loading, Avnet assists embedded computing partners in creating solutions based on validated and leading commercial, off-the-shelf components that can be customized with the embedded OEMs' brands. This allows embedded OEMs to focus on and invest in their core competencies and market differentiators, while Avnet's engineers and technical experts support other aspects of solutions development and delivery. Avnet's embedded computing partners are also supported by Avnet Logistics for warehousing, supply chain and other value-added services.
"The addition of SiliconSystems' innovative product line to our portfolio expands our storage offerings to include solid-state storage technology," said Michael Gaeta, vice president of supplier marketing, Embedded Solutions group, Avnet Technology Solutions. "Solid-state storage technology is increasingly in demand among our embedded OEM customers that are developing products for harsh environments, where they need high-performance, compact and ruggedized solutions. Customers can rely on Avnet's team of distribution and technical experts to help them develop a solution to meet the specific needs of end-user environments and to bring their solutions to market quickly and cost effectively."
"The market for robust solid-state storage solutions continues to grow at a rapid rate," said Alan Niebel, founder and chief executive officer of Web-Feet Research, a semiconductor market research company in Monterey, CA. "Combining Avnet's solution-specific sales approach and value-added services with SiliconSystems' advanced storage platform paves the way for a broader range of embedded applications to take advantage of the benefits of solid-state storage technology and further expand the marketplace."
About SiliconDrive
SiliconSystems' patented SiliconDrive is breakthrough storage technology engineered to overcome problems associated with products originally designed for the consumer electronics and personal computer markets. SiliconDrive technology is engineered to exceed the high performance, high reliability and multi-year lifecycle requirements of the Enterprise System OEM market. PowerArmor and SiSMART technologies integrated into every SiliconDrive eliminate field failures from power disturbances, prevent costly product requalifications and provide enhanced security to protect application data and software IP, resulting in a lower total cost of ownership.
About Avnet Technology Solutions
Avnet Technology Solutions is an operating group of Avnet, Inc. (NYSE:AVT) representing US$6 billion in annual revenue for fiscal year 2007, with locations in more than 30 countries. 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. Visit www.ats.avnet.com.
About Avnet
With more than 300 locations serving customers in 73 countries worldwide, Avnet markets, distributes and adds value to the products of the world's leading electronic component suppliers, enterprise computer manufacturers and embedded subsystem providers. Additionally, Avnet brings a breadth and depth of service capabilities, such as supply-chain optimization, logistics solutions, product assembly, device programming, computer system integration and engineering design assistance. For the fiscal year ended June 30, 2007, Avnet generated revenue of $15.68 billion. Visit http://www.avnet.com/.
About SiliconSystems
SiliconSystems is a world leader in advanced storage technology engineered exclusively for the high performance, high reliability, multi-year product lifecycle requirements of the Enterprise System OEM market. The company's patented SiliconDrive technology exceeds the rigorous demands of applications in the netcom, military, industrial, interactive kiosk and medical markets. SiliconSystems is based in Aliso Viejo, California. Additional company and product information is available on the company's website at www.siliconsystems.com.
Agency Contact:
Annette Keller
Keller Communication
(949) 640-4811
akeller@siliconsystems.com
Company Contact:
Tim Leary
SiliconSystems, Inc.
(949) 900-9402
tleary@siliconsystems.com
Avnet Contact:
Marcia Chapman
Brodeur, for Avnet
(602) 808-1169
mchapman@brodeur.com
