News Release from Avnet - Agreement with EMC

March 13, 2012 - Avnet Technology Solutions Americas Expands Agreement with EMC Corporation to Include Avnet Embedded

TEMPE, Ariz. -- Avnet Technology Solutions, an operating group of Avnet, Inc. (NYSE: AVT), announced today an expanded distribution agreement with EMC Corporation to now offer EMC solutions through Avnet Embedded, a division of Avnet Electronics Marketing Americas. Avnet Embedded maintains a shared selling organization supporting both Avnet Technology Solutions Americas and Avnet Electronics Marketing Americas, two business regions of Avnet, Inc.

This expanded agreement leverages the success of the long-standing relationship between Avnet and EMC. As one of the primary distributors of EMC technologies, Avnet Technology Solutions has helped partners grow their mid-market storage business profitably with EMC solutions for more than 12 years.

Avnet Embedded will now offer EMC® VNX and VNXe® unified storage solutions, EMC Isilon® scale-out NAS systems, and the EMC Atmos® Cloud Storage Platform as part of its Build OEM Better™ program. This program provides a lower total cost of ownership, reduced manufacturing time, flexibility and scalability via a global footprint of integration and service support for original equipment manufacturers (OEMs) and independent software vendors (ISVs). The addition of EMC enables Avnet to offer OEMs the opportunity to customize their storage and software solutions and capitalize on a single interface, often leveraging a single (IP) fabric to more easily implement back-up recovery. Avnet customers can also virtualize their applications to increase ease and consistency of deployment; consolidate physical infrastructure (in development and in the field); offer their application as a service (from their own or hosted data centers); and improve reliability and scale.

Utilizing EMC's proven portfolio of bundled storage, software and application solutions, OEMs can move quickly from design to deployment of end applications ranging from telecommunications to manufacturing, media to life sciences-all backed by Avnet's technical expertise and outstanding customer support team.

"By leveraging the highly-acclaimed Build OEM Better™ program, Avnet's OEM customers can easily embed EMC's industry-leading systems and software within their OEM solutions, as well as take delivery of integrated, turnkey systems for rapid deployment to their end-customers," said Joe Eazor, executive vice president for Global Accounts and OEM at EMC. "EMC is excited to work with Avnet Embedded to help its partners deliver customers proven technology solutions that are reliable, efficient and easy to use."

"Our OEM customers are looking for IT storage solutions that are simple, reliable and repeatable," said Chuck Kostalnick, senior vice president, Avnet Embedded. "Adding EMC to our Americas offering provides Avnet's customers with a faster way to deliver enterprise-class performance and next-generation solutions."

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About Avnet Technology Solutions

As a global IT solutions distributor, Avnet Technology Solutions collaborates with its customers and suppliers to create and deliver services, software and hardware solutions that address the business needs of their end-user customers locally and around the world. For fiscal year 2011, the group served customers in more than 70 countries and generated US $11.5 billion in annual revenue. Avnet Technology Solutions (www.ats.avnet.com) is an operating group of Avnet, Inc.

About Avnet Electronics Marketing

Avnet Electronics Marketing is an operating group of Phoenix-based Avnet, Inc. that serves electronic original equipment manufacturers (EOEMs) and electronic manufacturing services (EMS) providers in more than 70 countries, distributing electronic components from leading manufacturers and providing associated design-chain and supply-chain services. The group's website is located atwww.em.avnet.com.

About Avnet

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 2, 2011, Avnet generated revenue of $26.5 billion. For more information, visit www.avnet.com.