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Santa Clara, Calif., June 11, 2001 - Elpida Memory (USA) Inc. (Elpida), the industry's only major semiconductor company to focus completely on DRAM, announced today its new partnerships with two electronics components distributors: Future Electronics - based in Montreal, Canada, and Symmetry Electronics - based in Los Angeles, California. These distributors offer sales support that will supplement Elpida's sales force throughout North America.
"We are excited to be working with both Future Electronics and Symmetry Electronics," noted Bijan Yazdani, Western Area director of sales for Elpida Memory (USA) Inc. "Both companies offer unique strengths that will help us to grow our presence in the North American DRAM market. Future Electronics has a strong nationwide infrastructure along with a broad product portfolio, and now their customers can get Elpida DRAMs too. Symmetry is a smaller, high growth rate company that focuses strategically on commodities - especially memories. Their lean operations and low overhead allow them to effectively manage all levels of the memory business."
"Elpida Memory has one of the broadest product line-ups in the DRAM industry, including SDRAM, DDR, Rambus, and more," stated Peter Austin, worldwide business manager, Memory, for Future Electronics. "Elpida's lineup of leading DRAM products will strengthen our ability to offer one-stop-shopping to our customer base, and we welcome the opportunity to deliver Elpida Memory to our valued customers."
"We are delighted to be representing Elpida Memory as our exclusive DRAM supplier," proclaimed Joe Caravana, president, Symmetry Electronics. "When it comes to DRAM, Elpida's technology is top notch, and we look forward to offering our customers such quality and variety."
About Elpida Memory, Inc.
Elpida Memory, Inc. (formerly NEC-Hitachi Memory, Inc.) is a global corporation with headquarters based in Tokyo, Japan, and sales and marketing operations located in Japan, North America, Europe and Asia. Elpida's research, design and development operations were merged from NEC and Hitachi on April 1, 2000 and sales and marketing operations commenced during January 2001. Elpida's entire DRAM semiconductor product line is now marketed under the Elpida brand name and includes DRAM devices and modules inherited from both NEC and Hitachi, as well as new products designed and developed by Elpida. Elpida's main DRAM foundries are located at NEC Hiroshima and Hitachi Nippon Steel Semiconductor Singapore. Elpida's own 300mm fab is scheduled to begin production during 2002. For datasheets and more information, visit Elpida's World Wide Web site at www.elpida.com
About Future Electronics:
Future Electronics, a global leader in electronics distribution, ranks 3rd in component sales worldwide. Founded in 1968, the company has emerged as one of the most important entities in the electronics distribution industry and today, is recognized around the globe as one of the industry's most innovative organizations. The company employs 6,000 employees in 220 offices in 34 countries around the world. Future Electronics' web site can be accessed at www.FutureElectronics.com.
About Symmetry Electronics:
Founded in 1998, Symmetry Electronics is a global electronics franchised distributor headquartered in Southern California with offices throughout North America and Mexico. With an extensive background in memory, the company is an ISO9002 certified corporation that offers a wide range of products representing over 35 manufacturers. For more information on Symmetry Electronics, please visit our website at: www.symmetryla.com
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