Business News | Jul 16, 2008

Nu Horizons Electronics and OSRAM Opto Semiconductors Expand Distribution Agreement into India

Nu Horizons Electronics Corp. , a leading global distributor of advanced technology semiconductor, displays, illumination, power and system solutions, today announced expansion into India with OSRAM Opto Semiconductors, a specialist in semiconductor technology for lighting, sensor and visualization applications.

The company’s agreement involves the distribution of OSRAM’s LEDs, Silicon Photo Detectors, Optical Sensors, Infrared Emitters, High-Power Laser Diodes, and Intelligent Display products. Nu Horizons already distributes OSRAM’s products throughout North America.

“Tapping into Nu Horizons’ global demand creation, world-class logistics, and expert technical and engineering knowledge gives us both access to a larger customer base and the ability to further penetrate our key target markets e.g. in India,” said Dr. Alfred Felder, CEO of OSRAM Opto Semiconductors Asia Ltd.

“Customers are using lighting technologies to produce more and more innovative and efficient solutions and OSRAM is a market leader in LED, IR and Laser Diode solution in the market,” said Wendell Boyd, president of Nu Horizons, Asia Pacific. “Nu Horizons is extremely pleased to build on our partnership with OSRAM, adding this key technology to our lighting portfolio within India.”

OSRAM Opto Semiconductors focuses its product offering on current growing markets such as general illumination on street light, signage, automotive interior and exterior lighting, LCD display backlight illumination, projection and mobile communications with organic and classic light emitting diodes used as innovative light sources.

About OSRAM Opto Semiconductors:
OSRAM is part of the Industry sector of Siemens and one of the two leading lighting manufacturers in the world. Its subsidiary, OSRAM Opto Semiconductors GmbH in Regensburg (Germany), offers its customers solutions based on semiconductor technology for lighting, sensor and visualization applications. OSRAM Opto Semiconductors has production sites in Regensburg (Germany) and Penang (Malaysia). Its headquarters for North America is in Santa Clara (USA), and for Asia in Hong Kong. OSRAM Opto Semiconductors also has sales offices throughout the world. In the 2007 fiscal year (to the end of September) OSRAM Opto Semiconductors employed more than 4000 people and achieved sales totaling 520 million euros.

About Nu Horizons Electronics Corp.:
Nu Horizons Electronics Corp. is a leading global distributor of advanced technology semiconductor, display, illumination, power and system solutions to a wide variety of commercial original equipment manufacturers (OEMs) and electronic manufacturing services providers (EMS). With sales facilities in 52 locations across North America, Europe and Asia and regional logistics centers throughout the globe, Nu Horizons partners with a limited number of best-in-class suppliers to provide in-depth product development, custom logistics and life-cycle support to its customers.

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