Under the terms of the agreement, Richardson will operate as a worldwide distributor for HUBER+SUHNER�s complete line of RF interconnect, coaxial cable and fiber optics products used in cellular/mobile communication, as well as internet/broadband systems with radio frequency, wireless and fiber optic applications. Among the many products included in the agreement are the new Quick-Lock Series connectors, the industry leading Sucoflex series cable and HUBER+SUHNER�s fiber optic connectors and cable. These products will be sold throughout Richardson�s 70 worldwide sales locations.
"Our expanded agreement with HUBER+SUHNER demonstrates the successful relationship we have developed through coordinated efforts in building sales, marketing promotions and order fulfillment," stated Greg Peloquin, executive vice president and general manager of Richardson�s RF & Wireless Communications Group. "Richardson�s enhanced relationship with HUBER+SUHNER reinforces our commitment to bringing high quality RF interconnect, coaxial cable and fiber optics products to our customers worldwide."
"This agreement represents a milestone in HUBER+SUHNER�s relationship with Richardson," remarked Ian Shergold, president and general manager, HUBER+SUHNER, North America. "HUBER+SUHNER�s global reach is now extended even further through Richardson�s extensive and focused network. We have achieved much success in North America, and we now look forward to expanding that success on a global basis in the future with this new agreement."
Executives from Richardson and HUBER+SUHNER will hold a press conference at the 2003 International Microwave Symposium (MTTs) tradeshow in Philadelphia, Pennsylvania, at 9 am on Wednesday, June 11th, in the Richardson booth (#1649). Representatives from both companies will be available to answer questions, and press kits will be distributed.
About HUBER+SUHNER
The HUBER+SUHNER Group is a leading global supplier of components and systems for electrical and optical connectivity in telecommunications, industrial applications and transportation. HUBER+SUHNER can draw on core competencies in the areas of high-frequency technology, fiber optics and polymers. Working in close collaboration with its customers around the globe, HUBER+SUHNER strives for excellence in the development and manufacturing of high quality products. For more information, please visit http://www.hubersuhner.com/.
About Richardson Electronics
Richardson Electronics, Ltd. is a global provider of "engineered solutions," serving the RF and wireless communications, industrial power conversion, security and display systems markets. The Company delivers engineered solutions for its customers� needs through product manufacturing, systems integration, prototype design and manufacture, testing and logistics. Press announcements and other information about Richardson are available on the World Wide Web at http://www.rell.com/investor.asp.