Avnet, Inc. Honored With Gold Stevie® Award In 2012 American Business AwardsSM

Avnet, Inc. (NYSE:AVT), a leading global technology distributor, was presented with a Gold Stevie® Award in the electronics category for Company of the Year in the 10 th Annual American Business Awards.

Winners were selected by a panel of more than 270 executives across the U.S. Approximately 3,000 nominations from organizations of all sizes and in virtually every industry were submitted this year for consideration in a wide range of categories, including Most Innovative Company of the Year, Management Team of the Year, Best New Product or Service of the Year, Corporate Social Responsibility Program of the Year and Executive of the Year, among others.

“Anytime Avnet is acknowledged for our efforts around the globe we are humbled and appreciate the honor,” said Al Maag, chief communications officer for Avnet. “But this best in class award is audacious. Last year was really an excellent one and this award was earned by our 17,000 employees who accelerate the success of our technology partners every day.”

Avnet was presented the award on Monday, September 17 th at the Merchant Exchange’s Julia Morgan Ballroom in San Francisco. Details about The American Business Awards and the lists of Stevie Award winners who were announced are available at www.stevieawards.com/aba.

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About Avnet

Avnet, Inc. (NYSE:AVT), a Fortune 500 Company, is one of the largest distributors of electronic components, computer products and embedded technology serving customers globally. Avnet accelerates its partners' success by connecting the world's leading technology suppliers with a broad base of customers by providing cost-effective, value-added services and solutions. For the fiscal year ended June 30, 2012, Avnet generated revenue of $25.7 billion. For more information, visit www.avnet.com.

Copyright Business Wire 2010

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