SOURCE: Infineon Technologies

Infineon Technologies

February 26, 2010 13:00 ET

Infineon North America Recognizes Arrow Electronics as 2009 North American Distributor of the Year

MILPITAS, CA--(Marketwire - February 26, 2010) -  Infineon Technologies (FRANKFURT: IFX) (OTCQX: IFNNY) today announced that Arrow Electronics, Inc. was named its 2009 North American Distributor of the Year. This marks the second consecutive year that Infineon recognized Arrow for its contributions to revenue, market development and overall demand-creation activity. 

"Arrow Electronics consistently excels in building sales of Infineon products and maintained its position as a top contributor across multiple product lines and industry segments in our fiscal 2008/2009," said Jean Baptiste Loire, president of Infineon Technologies North America. "Increasing revenue through distribution is an important component of our growth strategy, and we expect that continued collaboration with Arrow will bring even greater value to our customers in the coming years."

"Infineon has addressed design issues such as energy efficiency in electronic systems for many years and today is well positioned to support customer programs in these areas," said Kurt Colehower, president of Arrow's Components group in the Americas. "Its broad portfolio of ICs and power electronics is backed by a commitment to quality and customer satisfaction that makes Infineon a valued and important partner to Arrow."

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 2009 fiscal year (ending September), the company reported sales of 3.03 billion euro with approximately 25,650 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 (ticker symbol: IFX) and in the USA on the over-the-counter market OTCQX International Premier (ticker symbol: IFNNY).

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