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Microcap & Penny Stocks : All American Semiconductor (semi) -- Ignore unavailable to you. Want to Upgrade?


To: Harold Feller who wrote (796)9/17/1998 10:09:00 PM
From: Harold Feller  Read Replies (1) | Respond to of 952
 
Another office announced:

Business Editors

MIAMI--(BUSINESS WIRE)--Sept. 17, 1998--All American
Semiconductor, Inc. (Nasdaq:SEMI), a leading national distributor of
electronic components, today announced the opening of its first sales
office in Mexico, located in Guadalajara, Jalisco.
Commenting on the new office, Bruce M. Goldberg, President and
Chief Executive Officer of All American, stated, "We are excited to
increase our support for our valued customer base in Mexico. Our
operations in Mexico are directed by our Regional Manager Ray Pronko
who leads a staff of six, including our employees residing in Mexico
as well as our international business development team headquartered
in San Diego. To further support our growing customer base, we expect
to open a warehouse facility in Guadalajara within one month and
expand the employee base domiciled in Mexico to ten over the next six
to nine months."
All American has recently moved up in the rankings and is now
recognized as the nation's 7th largest distributor of semiconductors
and the 14th largest electronic components distributor overall. The
Company now has offices in 32 strategic locations throughout North
America, including All American's ISO certified distribution and
programming center in Fremont, California.

--30--cp/mi*

CONTACT: All American Semiconductor, Inc., Miami
Bruce M. Goldberg, CEO
Howard L. Flanders, CFO
(305) 621-8282 x1417