News-Spot | Business News | Jul 07, 2015

Monolithic Power Systems Signs Digi-Key to Expand Globally

Monolithic Power Systems (MPS) (Nasdaq: MPWR), a leading company in high-performance power solutions, announced today that MPS has signed a distribution agreement with Digi-Key Electronics, a leading, global, full-service provider of electronic components, for the promotion and sale of MPS products worldwide. MPS' mission is to reduce total energy consumption in its customers' systems with green, practical, compact solutions.

“We are very excited to partner with Digi-Key. I believe that MPS delivers best-in-class products and partnering with Digi-Key allows us to utilize their extensive engineering network and world class distribution capabilities to accelerate our customer acquisition," says Maurice Sciammas, EVP WW Sales. “I am confident that this new alliance will help expand MPS’ customer base globally.”

“MPS manufactures a broad range of high-performance power solutions that have the potential to be designed into many new applications,” said David Stein, Digi-Key Vice President of Global Semiconductors. “Digi-Key strives to offer design engineers every option available for their design, so we are excited to carry MPS’ power solutions that have many uses found in industrial applications, telecom infrastructures, cloud computing, automotive, and consumer applications.”

About Monolithic Power Systems:
Monolithic Power Systems, Inc. (MPS) provides small, highly energy efficient, easy-to-use power solutions for systems found in industrial applications, telecom infrastructures, cloud computing, automotive, and consumer applications. MPS' mission is to reduce total energy consumption in its customers' systems with green, practical, compact solutions. The company was founded by Michael R. Hsing in 1997 and is headquartered in San Jose, CA. MPS can be contacted through its website at www.monolithicpower.com or its support offices around the world.

About Digi-Key Electronics:
Digi-Key Electronics, based in Thief River Falls, Minn., is a global, full-service provider of both prototype/design and production quantities of electronic components, offering more than three million products from over 650 quality name-brand manufacturers. With over one million products in stock and an impressive selection of online resources, Digi-Key is committed to stocking the broadest range of electronic components in the industry and providing the best service possible to its customers. Additional information and access to Digi-Key’s broad product offering is available at www.digikey.com.

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