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Creating Future-capable Structures for Continued Growth

Bracknell, UK, 7 August 2007 – With a new corporate structure, Avnet Technology Solutions is creating better customer orientation while at the same time driving solution sales forward. The company is abandoning its business unit-based business model across Europe and will in the future continue on its growth path under a uniform market presence.

Avnet Technology Solutions has repositioned its product groups on a European level and further extended the sales responsibility in the countries. In the future, the product groups IBM, HP, SUN and Eizo, the pan-European manufacturer lines and the Solutions & Services area will represent the growing sales in complete solutions, and the classic component business will continue to be operated under Computing Components. The new product groups link the company’s well-proven manufacturer orientation with solution sales, which in the future will be more strongly oriented across different manufacturers. The matrix of pan-European product groups with regional revenue accountability is set to replace the present business model of Avnet Technology Solutions, which consists of the business units Avnet Visual + Data Solutions, Avnet Applied Computing Solutions, Avnet Computing Components and Avnet Partner Solutions. “The new organisation structure places our solution-driven approach to the customer at centre stage”, says Dick Borsboom, EMEA President of Avnet Technology Solutions. “In addition, our new acquisitions, Access Distribution and the Enterprise Infrastructure Division of Magirus, are too large and too complex for us to have simply integrated them in our previous business unit, Avnet Partner Solutions.”

With the new structure we can properly position the SUN-focused business of Access Distribution, which was acquired at the beginning of the year, as well as the recently acquired IBM and HP business of Magirus, in the new corporate structure. At the same time, Avnet Technology Solutions is making its country managers significantly more revenue accountable as “Country Sales Managers”. In the UK Matthew Gower will take over responsibility for sales and customers as Country Sales Manager, having previously headed up the Visual + Data Solutions business unit.

The newly formed IBM, HP, SUN and EIZO product groups, Solutions & Services and Computing Components will all be sold and marketed uniformly under the Avnet Technology Solutions brand and will replace the present business unit model by year-end 2007. “With it, we want to make our market presence across Europe simpler and more distinct, and promote the cross-manufacturer solutions business”, emphasises Borsboom. “By doing so, we can better use cross-selling potential and exploit synergies in manufacturer marketing. The key goal of the restructuring is to build a strong Solutions & Services area to drive solution sales together with the central manufacturer lines.”

About Avnet Technology Solutions
Avnet Technology Solutions is an operating group of Avnet, Inc. (NYSE:AVT) representing US$5.1 billion in annual revenue for calendar year 2006, with locations in more than 30 countries. As a global technology sales and marketing organisation, Avnet Technology Solutions has sales divisions focused on specific customer segments and a select line card strategy enabling an exceptional level of attention to the needs of its customers and suppliers. For more information, visit www.ats.avnet.com

About Avnet Inc.
Avnet, Inc. (NYSE:AVT) is one of the largest distributors of electronic components, computer products and technology services and solutions with more than 250 locations serving 70 countries worldwide.

The company markets, distributes and optimizes the supply-chain and provides design-chain services for the products of the world's leading electronic component suppliers, enterprise computer manufacturers and embedded subsystem providers. Avnet brings a breadth and depth of capabilities, such as maximizing inventory efficiency, managing logistics, assembling products and providing engineering design assistance for its 100,000 customers, accelerating their growth through cost-effective, value-added services and solutions. For the fiscal year ended July 1, 2006, Avnet generated revenue of $14.25 billion. For more information, visit www.avnet.com

Information for editors:
For more information about Avnet Technology Solutions, please contact 
Kirsten Klatt, European Communications Director Tel. +49 (0)2153-733-328Linda Patterson, Marketing Manager UK Tel. +44 (0)1344 662091