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Technology Stocks : Vitesse Semiconductor -- Ignore unavailable to you. Want to Upgrade?

To: OldAIMGuy who wrote (4265)	11/20/2002 1:58:04 AM
From: The Ox	Respond to of 4710

Vitesse Signs Tiatan Logistics to Offer Asian Customers EMS and Contract Mfg November 18, 2002...Vitesse Semiconductor of Camarillo, California USA has announced that, as a means of better serving its customers in Asia, it will offer local order fulfillment and logistic services of products to this region through an agreement with Titan Logistics Corp. Specifically, Vitesse is providing its EMS (electronic manufacturing services) and CM (contract manufacturers) customers with a dedicated source to meet their fulfillment needs. Local customer service representatives will be available to process orders, expedite shipments and monitor inventory requirements. All products for the region will be warehoused and shipped from Titan Logistics' facility in Singapore. "Vitesse is committed to worldwide customer service. By providing a centralized order fulfillment center, we can provide real-time response to our Asia-based customers and assist in streamlining their delivery of next-generation systems to market," said Phil Richards, vice president of Channel and Partner Sales for Vitesse. The agreement with Titan Logistics Corp. will serve Singapore, Thailand, Malaysia, Hong Kong and P.R.C. and will be expanded as required. The company is a wholly owned subsidiary of North American based distributor, Nu Horizons Electronics Corp., also a publicly held Nasdaq company (Symbol: NUHC). Vitesse will begin distribution of products through Titan Logistics beginning December 2002