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Avnet Signs Distribution Agreement with Resolutions MSP

Partnership will complement and extend Avnet’s SaaS offering

London, 9 November 2010:

Avnet (NYSE: AVT), through its operating group Avnet Technology Solutions, announced today that it has signed a distribution agreement with software-as-a-service (SaaS) provider Resolutions MSP. The agreement will enable both companies to bring the value-added reseller community a new anti-malware and backup and recovery solution developed to suit small- to medium-sized companies. Whilst the agreement covers EMEA, the initial focus will be on the UK.

“Avnet collaborates with our channel partners to create and deliver effective solutions that address the business challenges of end-user customers,” said Graeme Watt, president of Avnet Technology Solutions, EMEA. “We seek to continually identify innovative technologies and new approaches that deliver value to our business partners. Our due diligence on the technology, which involved speaking with a number of business partners to determine how strong the demand would be, showed that there was clear support in the market for the offering from Resolutions MSP. I have no doubt that our partners, and their customers, will benefit from our new relationship with Resolutions MSP.”

Avnet was drawn to partner with Resolutions MSP as a result of its sound business methodology and low-risk monthly subscription model. In addition, Resolutions MSP, operating as a specialist, will open opportunities for business partners in targeted, high-growth sectors such as education quickly and without being constrained by complex licensing agreements. In turn, this will ensure business partners will benefit from margin-rich opportunities.

Resolutions MSP’s innovative Web-based administration tool enables business partners to offer their customers an effective and secure centralised management service. As well, its new and unique model allows for a number of payment options, so end customers can select the pricing policy that best suits their business. Resolutions MSP can also assist with project planning, strategy and implementation, as well as advising on ongoing customer management. This provides a reassuring level of support to partners who are looking to enhance their portfolios by offering SaaS to their customers for the first time.

“Resolutions MSP has already seen a lot of regional success offering endpoint protection delivered via a cloud model,” added Ben Abraham, UK services divisional leader at Avnet Technology Solutions, EMEA. “Avnet will help our partners take advantage of this growing market not just through the availability of Resolutions MSP SaaS solutions, but also through the additional services we provide our partners, such as sales and business development support, marketing services and financial solutions. Combine this with the team’s extensive experience, and our business partners have immediate access to new revenue opportunities.

“It’s fantastic to be entering in to this partnership with a brand force such as Avnet, and we’re delighted that opportunities to close deals are already on the table,” said Helen Wood, director at Resolutions MSP “This shows that the channel really is embracing the cloud and quickly getting to grips with SaaS as a new and viable business model.”

Avnet is recruiting new partners keen to introduce this complete solution to their customers. Any business partner interested in working with Avnet and Resolutions MSP should contact the Avnet team at servicessupport@avnet.com.

About Resolutions MSP
Resolutions MSP is software as a service (SaaS) anti-malware and backup and recovery solutions for the small to medium enterprise market with innovative web-based administration allowing centralised management anytime from anywhere.

Headquartered in London, Resolutions MSP EMEA is run by experienced a technically and commercially savvy team with 30 years combined experience.

For further information please visit the website at: www.resolutionsmsp.co.uk

About Avnet Technology Solutions
As a global IT solutions distributor, Avnet Technology Solutions collaborates with its customers and suppliers to create and deliver effective solutions that address the business challenges of their end-user customers locally and around the world. For fiscal year 2010, the group served customers in more than 70 countries and generated US $ 8.19 billion in annual revenue. Avnet Technology Solutions is an operating group of Avnet, Inc. Visit: www.ts.avnet.com/emea/

About Avnet, Inc.
Avnet, Inc. (NYSE:AVT), a Fortune 500 company, is one of the largest distributors of electronic components, computer products and embedded technology serving customers in more than 70 countries worldwide. Avnet accelerates its partners' success by connecting the world's leading technology suppliers with a broad base of more than 100,000 customers by providing cost-effective, value-added services and solutions. For the fiscal year ended July 3, 2010, Avnet generated revenue of $19.16 billion. For more information, visit www.avnet.com.

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Press enquiries, please contact

Avnet Technology Solutions
Linda Patterson, Marketing Director
T: +44 (0)1344 662000
E: Linda.patterson@avnet.com

Resolutions MSP
Gary Marshall
maillot jaune communications
Tel. + 44 (0)1252 761446
Email gary.marshall@maillot-jaune.co.uk