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Monday, June 23, 2008 11:36:46 AM
Date : 06/19/2008 @ 7:01AM
Source : Business Wire
Stock : Richardson Electronics, Ltd. (RELL)
Quote : 5.85 -0.02 (-0.34%) @ 11:21AM
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Richardson Electronics and Laird Technologies Expand Global Distribution Relationship
Richardson Electronics, Ltd. (NASDAQ:RELL) announced today it has expanded its global distribution agreement with Laird Technologies, Inc., a global leader in the design and supply of critical components and systems for advanced electronics and wireless products.
As announced at the IEEE MTT-S International Microwave Symposium 2008 in Atlanta on Wednesday afternoon, Richardson Electronics will expand its distribution of Laird’s wireless, microwave, and RF antenna products for all sectors of the electronics industry worldwide, including telecommunications, data transfer and information technology, automotive, aerospace, defense, consumer, medical, and industrial markets.
As a leading distributor of RF and Microwave components, Richardson Electronics is known for its technical expertise, value-added customer service, and technical sales force that works side-by-side with customers for design-wins.
“We are excited by the expansion of Richardson’s role in our sales channel network to include additional products sold on a global basis,” said Andy Coyle, Laird Technologies Global Director of Channel Sales. “We anticipate significant sales growth due to their established global presence, long-standing industry relationships, and technical expertise.” Coyle went on to add, “Richardson’s global network of more than 40 offices and three regional stocking facilities in Asia, Europe, and the Americas complements Laird Technologies’ established channel with little overlap in sales coverage.” Kevin McCormack, Vice President of Richardson Electronics’ RF Interconnect & Passive Components Group, said of the agreement, “The global franchise expansion with Laird Technologies will further enhance our engineered solutions for design and development of high performance antenna solutions, as well as other passive RF products for RFID, WLAN Broadband Wireless Access and In–Building Cellular applications.” More information about Laird Technologies products available from Richardson Electronics can be found online at http://www.rell.com/laird.
About Laird Technologies, Inc.
Laird Technologies designs and supplies customized, performance-critical products for wireless and other advanced electronics applications. The company is a global market leader in the design and supply of electromagnetic interference (EMI) shielding, thermal management products, mechanical actuation systems, signal integrity components, and wireless antennae solutions, as well as radio frequency (RF) modules and systems. Custom products are supplied to all sectors of the electronics industry including the handset, telecommunications, data transfer and information technology, automotive, aerospace, defense, consumer, medical, and industrial markets. Laird Technologies, a unit of Laird PLC, employs over 14,000 employees in more than 40 facilities located in 14 countries.
About Richardson Electronics, Ltd.
Richardson Electronics, Ltd. (NASDAQ:RELL) is a global provider of engineered solutions and electronic components to the RF and wireless communications, industrial power conversion, electron device, and display systems markets. Richardson designs, manufactures and distributes discrete devices, components, and assemblies used in RF and wireless infrastructure, networks, digital broadcasting, defense, and power conversion. More information is available online at http://www.rell.com.
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