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Vishay Intertechnology and TTI Broaden Distribution Pact
MALVERN, PENNSYLVANIA - January 14, 2000 - Vishay Intertechnology, Inc. (NYSE: VSH), and TTI, Inc., have broadened their distribution pact to include the worldwide distribution of Vishay Telefunken discrete products manufactured by Vishay's Opto and Diodes, Rectifiers and Transistors Divisions. These products include light-emitting diodes (LEDs), optocouplers, diodes, rectifiers, RF transistors, and bipolar power transistors.
The pact extends the existing relationship between Vishay, a global leader in designing, manufacturing, and marketing passive electronic components, discrete semiconductors, and integrated circuits (ICs), and Fort Worth, Texas-based TTI, the nation's leading distributor specialist of passive and connector products. The distribution agreement between Vishay and TTI, which dates back to the mid-1970s, includes a wide range of passive components, as well as Vishay Lite-On PSC active components.
In the words of Chuck Sizemore, Vishay's Director, Distribution Sales, The Americas, "TTI is recognized as an industry leader in interconnect, passive, and electromechanical products. Their approach will help to provide the emphasis and growth we are looking for. We are excited to have TTI now focused on the Vishay Telefunken line of products as well."
"Vishay is streamlining its list of supply-chain partners and focusing on distributors with global capabilities," said Chuck Kaufmann, Vice President of Worldwide Distribution Sales, Vishay. "I am happy to say that our expanded relationship with TTI is a key component of this important initiative."
"Vishay continues to build on its strength as a provider of total discrete component solutions," noted Dr. Felix Zandman, Vishay's Chairman and CEO. "Our relationship with TTI further enhances our ability to meet the needs of customers in a broad range of industries worldwide."
Added Mike Morton, TTI's Senior Vice President, Product Marketing, "The TTI/Vishay relationship has grown rapidly in recent years, and the addition of Vishay Telefunken products further solidifies that relationship."
TTI is the nation's leading distributor specialist of passive and connector products with offices in 36 major markets in the United States, Canada, Mexico, and Europe. For additional product/service information, visit the company's Web site at www.ttiinc.com.
Vishay Intertechnology, Inc., a Fortune 1000 Company listed on the NYSE (VSH), is one of the world's largest manufacturers
of discrete semiconductors (diodes, MOSFETs, and infrared optoelectronics) and passive electronic components (resistors, inductors,
and capacitors). These components are used in virtually all types of electronic devices and equipment, in the industrial,
computing, automotive, consumer, telecommunications, military, aerospace, power supplies, and medical markets. Vishay’s product
innovations, successful acquisition strategy, and "one-stop shop" service have made it a global industry leader. Vishay can
be found on the Internet at www.vishay.com.