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Arrow Electronics Announces Distribution Agreement With Microchip Technology

Arrow Electronics, Inc. (NYSE:ARW) today announced that Microchip Technology Inc.’s (NASDAQ: MCHP) broad range of embedded semiconductors and solutions is now available through Arrow’s components portfolio, under a global distribution agreement between the companies. Microchip’s offerings will also be available through Nu Horizons Electronics, an Arrow company.

This agreement includes Microchip’s complete line of 8-bit, 16-bit and 32-bit PIC ® microcontrollers, analog and interface semiconductors, wireless solutions, and memory devices, along with related development tools.

Arrow is also a principal distributor for SMSC products that was recently acquired by Microchip.

“Microchip is a recognized brand with solid customer loyalty, and is a strong addition to our global linecard,” said Jeff Eastman, senior vice president of global supplier marketing and asset management. “Microchip’s resources aid in almost every aspect of a customer’s design, from concept to production.”

“Arrow is a premier distributor, with full-service operations around the globe to assist with Microchip-based designs. And Arrow is already franchised with SMSC products,” said Mitch Little, Microchip’s vice president of worldwide sales and applications. “This partnership is an important part of our ongoing efforts to make it easier for customers to create successful end products.”

About Arrow Electronics

Arrow Electronics ( www.arrow.com) is a global provider of products, services and solutions to industrial and commercial users of electronic components and enterprise computing solutions. Arrow serves as a supply channel partner for more than 120,000 original equipment manufacturers, contract manufacturers and commercial customers through a global network of more than 390 locations in 53 countries.

About Microchip Technology

Microchip Technology Inc. (NASDAQ: MCHP) is a leading provider of microcontroller, analog and Flash-IP solutions, providing low-risk product development, lower total system cost and faster time to market for thousands of diverse customer applications worldwide. Headquartered in Chandler, Ariz., Microchip offers outstanding technical support along with dependable delivery and quality. For more information, visit the Microchip website at http://www.microchip.com.

Note: The Microchip name and logo, and PIC are registered trademarks of Microchip Technology Incorporated in the U.S.A. and other countries. All other trademarks mentioned herein are the property of their respective companies.

Copyright Business Wire 2010

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