Avnet Receives Team and Individual Accolades from TDK-Lambda Americas

PHOENIX–(BUSINESS WIRE)–Avnet,
Inc
. (NYSE: AVT),
a leading global technology distributor, was recently named 2016 Best
Performing National Distributor by TDK-Lambda Americas, for reaching a
record-high $12M in point of sale (POS) for the year in North America.
In addition, Avnet Electronics Marketing Americas’ Director of Supplier
Management Doug Barker was recognized by TDK-Lambda Americas for his
outstanding support and commitment.

In 2015, Avnet earned TDK-Lambda America’s Distributor of the Year
honors for setting the company’s previous all-time high POS of $10M.

“When TDK-Lambda named Avnet its Distributor of the Year last year, the
company said it was ‘the first step towards greater sales goals and
milestones as we work together in the future,’” said Ed Smith,
president, Avnet Electronics Marketing Americas. “For Avnet to earn this
recognition for the second straight year is a tremendous accomplishment
for each member of the team, particularly Doug, whose leadership and
professionalism have been instrumental in building the strong spirit of
collaboration between our two companies. I can’t wait to see what we can
accomplish in the year to come as we look to provide customers with
industry-leading power supply solutions, backed by unparalleled design
and supply chain support.”

“Avnet’s outstanding sales performance has earned them our Distributor
of the Year honors for the second year in a row,” said Juliet Fajardo,
director national distribution sales, TDK-Lambda Americas. “This
performance is a testament to a great working relationship, solid
business plan and a strong tenacity on execution to get the job done.
All at TDK-Lambda Americas are proud of our partnership with Avnet.”

TDK-Lambda Americas, a group company of TDK Corporation, is recognized
as the world’s leading manufacturer of high power and high voltage
programmable AC to DC power supplies. For more information on TDK
products available through Avnet, please visit http://bit.ly/1Yr8LS8.

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@AvnetDesignWire recognized for superior sales performance
and outstanding support and commitment by @tdklambda http://bit.ly/1ll33LR

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About Avnet, Inc.

From components to cloud and design to disposal, Avnet, Inc. (NYSE:AVT)
accelerates the success of customers who build, sell and use technology
globally by providing them with a comprehensive portfolio of innovative
products, services and solutions. Avnet is a Fortune 500 company with
revenues of $27.9 billion for the fiscal year 2015. For more
information, visit www.avnet.com.

Contacts

Avnet Electronics Marketing
Heidi Elliott, 480-643-7584
Senior
Director, Marketing Programs
Heidi.Elliott@avnet.com