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PR CONTACT AVNET MEMEC
Tom Oelschlaeger -
Director Communications
Gruber Straße 60c
D-85586 Poing
Phone: +49 (0) 8121 775 146
Email: Tom Oelschlaeger
Echelon Teams with Avnet Memec to Expand Market for Echelon Energy Control Technology in Europe
Avnet Memec brings sharper focus on building automation, managed street lighting, and renewables markets
Poing, Germany, 31 May 2011
Avnet Memec EMEA, a division of Avnet, Inc. (NYSE: AVT), is becoming the pan-European distributor of Echelon’s (NASDAQ: ELON) Commercial Markets product line for device and system manufacturers, the companies announced today. Echelon’s market-leading line of energy control network products — ranging from microprocessors, twisted pair and power line signaling component technology and system software to infrastructure products — is used in over 100 million devices and 300,000 buildings worldwide. The addition of Echelon’s products allows Avnet Memec to empower its building automation, managed street lighting, and renewable energy market efforts with the LonWorks® networking platform. Customers will be able to place orders with Avnet Memec as of July 1, 2011.
“Offering Echelon’s line of networking products to our existing customers will allow us to forge strong and fruitful relationships with the existing LonWorks community, and bring Echelon’s technology to a broad range of new customers,” said Steve Haynes, president of Avnet Memec EMEA. “The market for energy control networking is huge and the unique ability of Echelon’s technology to work across many applications and industries puts Avnet Memec in a strong market position – giving us a unified network solution offering with the flexibility and power to meet most any customer need.”
“Avnet brings a tremendous record of success to the market for energy control networks,” said Anders Axelsson, Echelon’s senior vice president of sales, commercial markets. “We’re seeing an increase in interest in how control networks enable energy management strategies, and it all begins with what’s designed into a device. Our relationship with Avnet promises to take the market for LonWorks networking-enabled products to a new level, and especially so in the vertical segments of building automation, street lighting, and renewables.”
About Echelon Corporation
Echelon Corporation (NASDAQ: ELON) is the world's leading open-standard energy control networking company. Echelon technologies connect more than 35 million homes, 300,000 buildings and 100 million devices to the smart grid, and help customers save 20% or more on their energy usage. With more than 20 years of experience in energy control, Echelon delivers a wide range of innovative solutions to commercial and electric utility customers. More information about Echelon can be found at www.echelon.com.
About Avnet Memec
Avnet Memec, a business unit of Avnet Electronics Marketing EMEA, is a highly specialised semiconductor distributor, operating on a pan‐European basis and employing a significant number of engineers to support customers’ design efforts. Avnet Memec specialises in highly innovative suppliers and technologies, which will help a variety of customers to differentiate their designs. Its area of specialisation extends from Analog and Microcontrollers to RF, Datacom and Networking. The business unit operates out of 31 offices in 19 European countries and represents major semiconductor franchises on a pan‐European basis.
www.avnet‐memec.eu
