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Avnet Abacus signs 'green technology' battery deal with Cymbet Corporation

Distribution agreement delivers EnerChip™ eco-friendly solid state batteries to design engineers across Europe
June 15, 2011

Poing, Germany, 6 June 2011 - Avnet Abacus, one of Europe's leading interconnect, passive, electromechanical and power distributors, has signed a Pan-European distribution agreement with Cymbet Corporation, the leader in solid-state energy storage solutions for microelectronic systems, to distribute Cymbet's complete range of rechargeable solid state batteries, power management devices, and evaluation kits. This will include Cymbet's EnerChip solid state batteries (SSB) and development tools, the new EnerChip EP energy processor, the universal energy harvesting EVAL-09 kit, and the EnerChip CC RF Induction Charger EVAL-11 kit.

Graham McBeth, president of Avnet Abacus commented, "This agreement with Cymbet is further evidence of Avnet Abacus bringing innovative, technology leading products to the European market. Cymbet's products are an ideal addition to our linecard, especially as we believe that their solid state batteries will become very important in future 'green' electronic designs."

"We are pleased to be partnering with Avnet Abacus for the distribution of our EnerChip product family," says Bill Priesmeyer, chief executive officer of Cymbet. "Our customers will benefit from Avnet Abacus' market leading presence, technical support capabilities, and logistical excellence."

Cymbet's EnerChips are used in power back-up, embedded energy and energy harvesting applications. EnerChip SSBs are used in many industries including industrial control, medical, consumer electronics, appliances, handheld devices, transportation, renewable energy and wireless sensors. Because EnerChip SSBs are packaged in standard dual-flat no-leads (DFN) or quad-flat no-leads (QFN) packages, the batteries are surface mounted and are reflow solder tolerant to 260°C. The EnerChip CC is a rechargeable solid state battery co-packaged with integrated power management functions that provides a cost effective single chip drop-in solution for power back-up and energy harvesting applications.

About Cymbet

Cymbet Corporation is the leader in solid-state energy storage solutions for microelectronic systems. The company is the first to market eco-friendly rechargeable solid-state batteries that provide electronic systems designers with new embedded power capabilities. The company's EnerChip™ devices enable new concepts in energy storage application for ICs and new products for medical, sensor, RFID, industrial control, communications and portable electronic devices. Visit Cymbet online at www.cymbet.com.

About Avnet Abacus

Avnet Abacus is a pan-European demand creation distributor specialising in interconnect, passive, electromechanical, power supply and battery products. Avnet Abacus' extensive product range and exceptional linecard is supported by a team of over 50 product specialists based across Europe, delivering technical expertise and technology focused initiatives. Avnet Abacus is a business unit of Avnet Electronics Marketing EMEA, a business region of Avnet, Inc., (NYSE: AVT)

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.

For further information:

Lisa Rees - Marketing Communications Manager
Avnet Abacus
E-mail: lisa.rees@avnet-abacus.eu
Tel: +44 1628 512940

For Cymbet press enquiries:
Nick Foot - PR Director
Billings Europe

Tel.: +44-1491-636 393
Mob: +44-7808-362-251
E-mail: nick.foot@billings-europe.com

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