Partner Press Release
NEC Electronics and Avnet Electronics Marketing Achieve RosettaNet Design-Win Management Milestone
For Release
February 26, 2002
Santa Clara, CA and Phoenix, AZ --
NEC Electronics Inc. and Avnet Electronics Marketing (NYSE: AVT) today
announced that they have implemented the RosettaNet 5C1 Partner Interface Process
ä
(PIP
â
) in conjunction with the
RosettaNet Design-Win Management Milestone.
RosettaNet standards enable communication via the Internet using PIPs,
specialized dialogs that define business processes between suppliers and customers.
With RosettaNet, companies have a common e-business language and can
align business processes on a global basis.
By helping distributors
update parts lists registered through the
design-win process, the 5C1 PIP enables distributors to effectively position their products in the
market.
The 5C series PIPs create a close connection between suppliers and
distributors that help lead to more successful design wins and greater revenue.
"Avnet Electronics Marketing and NEC
Electronics have successfully implemented the RosettaNet 5C1 PIP and have met the Design-Win
Management Milestone date," said Tom Ault, Group Technology Officer, Avnet Electronics Marketing.
"RosettaNet and its member companies have demonstrated growth and progress in the Milestone
programs, which were achieved despite the most challenging year in the history of the electronics
industry.
The design-win process enables distributors to ensure better alignment
between the product technology of their suppliers with that of their OEM customers. Implementing
the RosettaNet Design-Win PIP series has positively impacted process efficiencies and revenues.
We look forward to further leveraging RosettaNet with our trading
partners."
“NEC Electronics Inc. is very pleased to
announce meeting the Design-Win Milestone date by successfully implementing the 5C1 PIP with Avnet
Electronics Marketing.
The
distribution design-win registration process
has been in existence since the early 1980s, but now through the RosettaNet 5C series PIPs, better
return on investment can be demonstrated,” said Michael Turay, senior manager e-business, NEC
Electronics Inc.
“In addition to achieving this design-win milestone, NEC Electronics
was able to streamline many of its business processes that support design-win registration,
improving our ROI as well.”
NEC Electronics and Avnet Electronics Marketing continue to work on additional PIPs through
RosettaNet, a non-profit consortium of more than 400 of the world’s
leading information technology, electronic component, semiconductor manufacturing and solution
provider companies working to create, implement and promote open e-business process
standards.
About RosettaNet
RosettaNet is an independent, non-profit
consortium dedicated to the collaborative development and rapid deployment of open Internet-based
business standards that align processes within the global high-technology trading network.
More than 400 companies representing over $1
trillion in annual information technology, electronic components and semiconductor manufacturing
revenues currently participate in RosettaNet’s standards development, strategy and implementation
activities. A complete list of member companies and more information on RosettaNet is available at
www.rosettanet.org
.
About NEC Electronics Inc.
NEC Electronics Inc., headquartered in Santa
Clara, Calif., is one of the leading developers, manufacturers and suppliers of semiconductor
products in the United States.
Committed to meeting customers’ cost, performance and time-to-market
requirements, the company offers solutions ranging from standard products, including electron
components, to system-on-a-chip (SoC) solutions, as well as customized products for next-generation
designs.
NEC Electronics also offers customers the benefits of a local
manufacturing facility in Roseville, Calif., and the global manufacturing capabilities of its
parent company, NEC Corp. (NASDAQ: NIPNY).
For more information about products offered by NEC Electronics Inc.,
visit the NEC Electronics website at
http://www.necel.com
.
About Avnet Electronics Marketing
Avnet Electronics Marketing (EM) is the
largest operating group of Phoenix, Ariz.-based Avnet, Inc. (NYSE: AVT), a Fortune 500 company with
fiscal 2001 sales of $12.8 billion (year ended June 30, 2001). The world's largest distributor of
semiconductors, interconnect, passive and electromechanical components from leading manufacturers,
Avnet EM markets, inventories and adds value to these products and provides world-class
supply-chain management and engineering design services. Avnet EM serves customers in 63 countries.
The company's Web site is located at
http://www.avnet.com.
| Contacts |
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Press Contacts:
Denise Viereck Garibaldi
NEC Electronics Inc.
(408) 588-6620
denise_garibaldi@el.nec.com
Jan Jurcy
Avnet, Inc.
(480) 643-7642
jan.jurcy@avnet.com
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NEC Electronics Inc. is either a registered trademark or trademark of NEC
Corporation in the United States and/or other countries. All other registered trademarks or
trademarks are property of their respective owners.
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