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Technology Stocks : Vitesse Semiconductor

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To: OldAIMGuy who wrote (4074)2/6/2002 3:36:57 PM
From: The Ox  Read Replies (1) of 4710
 
Vitesse expands in Asia:

lightreading.com

CAMARILLO, Calif. -- Vitesse Semiconductor Corporation (Nasdaq:VTSS - news) is pleased to announce the addition of Memec Japan K.K., part of Memec Components Group, as the newest member of its International distribution team.

Memec, a Tokyo-based component distributor, joined Vitesse in January 2002 as the newest member of a growing distribution network. Vitesse announced a similar agreement for North America in September 2001 with Nu Horizons Electronics Corporation (Nasdaq:NUHC - news). The agreement with Memec will simplify the customers' access to technical support, design services, and applications support through local field application engineers (FAEs). The addition of Memec will also shorten lead times for Japanese customers by providing a local inventory of Vitesse products.

"The combination of Memec's Sales and FAE expertise, and knowledge of the Japan customer base, makes Memec an excellent match for Vitesse," said Richard Riker, Vitesse vice president of marketing and sales. "We are very pleased to add Memec to our distribution team, and believe our customers will be equally pleased with the expanded support and attention that Memec will be able to provide as a local distributor of Vitesse products," he added.
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