
NATIONAL SEMICONDUCTOR SIGNS DISTRIBUTOR AGREEMENT WITH WYLE ELECTRONICS
July 18, 1996 - National Semiconductor Corporation (NYSE: NSM) today announced the signing of a nationwide agreement allowing Wyle Electronics (NYSE: WYL) to distribute National's complete line of semiconductor products through its 36 sales locations nationwide. These products include analog, mixed-signal and communications technologies, in addition to products from the recently-formed Fairchild Semiconductor, a subsidiary division of National Semiconductor.
Keith Kolerus, National's vice president of the Americas Division, said "National recognizes Wyle's focus and expertise in selling semiconductor products that are in line with Nationals strategic market segments, particularly analog and mixed-signal products. Wyle's Analog Advantage program demonstrates this commitment to bringing National products to their customers. We are proud to align ourselves with Wyle, which shares National's focus and dedication to the analog and mixed-signal market."
Ralph Ozorkiewicz, president and CEO of Wyle, said "We are very pleased and excited about the opportunity that National brings to Wyle and our customer base. National's demonstrated expertise in analog and mixed-signal products will further enhance and expand product selection and availability for Wyle customers. For over a decade, Wyle has been focused on semiconductors and the relevant value-added activities that are synergistic with these products. We've prided ourselves in committing to our customers that Wyle will offer the premier semiconductor lines. Our engagement with National further strengthens that commitment."
National Semiconductor Corporation provides technologies for moving and shaping information. The company focuses on four strategic markets: communications, personal systems, industrial, and consumer. National Semiconductor is headquartered in Santa Clara, California, and has 20,000 employees worldwide. In fiscal 1996, the company reported sales of $2.6 billion.
Wyle Electronics, headquartered in Irvine, California, is a leading international distributor, specializing in marketing semiconductors and computer products, as well as providing value-added services, which include complex materials management systems and engineering design services. The Company maintains over 35 dedicated sales locations nationwide. For 1995, the Comany reported sales of $1.1 billion.
# # #
Press Contact:
Kate Peters
Communications Representative, National
408 721-5693
Mark Jorgensen
Director, Corporate Communications, Wyle
714 453-4310
Investor Contact:
Jim Foltz
408 721-5693
invest.group@nsc.com
Van Holland
Chief Financial Officer, Wyle
714 453-4310
|