SOURCE: Infineon


February 12, 2009 12:30 ET

Infineon North America Names Arrow Electronics 2008 North American Distributor of the Year

MILPITAS, CA--(Marketwire - February 12, 2009) - Infineon Technologies (FRANKFURT: IFX) (NYSE: IFX) today announced that it has named Arrow Electronics, Inc. (NYSE: ARW) as its 2008 North American Distributor of the Year. An Infineon distribution partner since 2005, Arrow was recognized for its contributions to revenue, market development and overall demand-creation activity.

"Arrow Electronics has continued to grow its year-over-year sales of Infineon products despite challenging market conditions," said Jean Baptiste Loire, president of Infineon Technologies North America. "The company also achieved record levels of new design wins for Infineon products in our most recent fiscal year, setting the stage for future growth both in North American markets and overseas through transfer business. We look forward to further collaboration with Arrow to deliver significant business value to customers in 2009."

"At Arrow, we seek out partners that help us offer solutions that create a competitive edge for our customers," said Kurt Colehower, president of North American Components for Arrow Electronics. "With its commitment to customer satisfaction, innovation and unrivaled quality, Infineon is a valued contributor to Arrow and we look forward to mutual success in the future."

About Infineon

Infineon Technologies AG, Neubiberg, Germany, offers semiconductor and system solutions addressing three central challenges to modern society: energy efficiency, communications, and security. In the 2008 fiscal year (ending September), the company reported sales of Euro 4.3 billion with approximately 29,100 employees worldwide. With a global presence, Infineon operates through its subsidiaries in the U.S. from Milpitas, CA, in the Asia-Pacific region from Singapore, and in Japan from Tokyo. Infineon is listed on the Frankfurt Stock Exchange and on the New York Stock Exchange (ticker symbol: IFX).

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