Richardson Electronics, Ltd. and Exxelia Sign Exclusive North American Distribution Agreement
March 06 2017 - 3:03PM
Richardson Electronics, Ltd. (NASDAQ:RELL) announced today a new
North American distribution agreement with Exxelia USA, Inc., a
global designer and manufacturer of high-reliability passive
components and high-precision electromechanical solutions. The
agreement supports Exxelia Group’s efforts to increase market
awareness and market share of its latest products and innovative
technology.
Exxelia’s products are commonly used for power electronics,
power generation, energy storage, and signal filtering functions in
demanding domains such as Defense, Aviation, Space, Energy,
Transportation, Medical, Telecom and other Industrial
applications.
Richardson Electronics is a global channel partner for
industry-leading electronic components and engineered
solutions.
“Exxelia is known globally as a leader in high-performance,
high-reliability passive and electromechanical products. Both of
our companies focus on markets in power, RF and microwave
applications. We believe we can gain significant market share with
Exxelia’s components, especially the High Q ceramic capacitors, in
our OEM account base in North America,” said Greg Peloquin,
Executive Vice President of Richardson Electronics’ Power &
Microwave Technologies group.
“Richardson Electronics is a great addition to our growing list
of partners in North America. Exxelia Group’s standard capacitor
products offering along with our custom design capability and
global manufacturing footprint is a natural fit with Richardson’s
highly technical sales force and their commitment to early design
cycle demand creation,” said Mike Thomas, President of Exxelia USA.
“With both organizations focused on developing solutions for high
reliability capacitor markets we expect a long lasting and
successful relationship.” About Richardson
Electronics, Ltd.Richardson Electronics, Ltd. is a leading
global provider of engineered solutions, power grid and microwave
tubes and related consumables; high value displays, flat panel
detector solutions and replacement parts for diagnostic imaging
equipment; and customized display solutions. We serve
customers in the alternative energy, aviation, broadcast,
communications, healthcare, industrial, marine, medical, military,
scientific and semiconductor markets. The Company’s strategy is to
provide specialized technical expertise and “engineered solutions”
based on our core engineering and manufacturing capabilities. The
Company provides solutions and adds value through design-in
support, systems integration, prototype design and manufacturing,
testing, logistics, and aftermarket technical service and repair
through its global infrastructure. More information is available
online at www.rellpower.com.
Richardson Electronics common stock trades on the NASDAQ Global
Select Market under the ticker symbol RELL.
About Exxelia USA, Inc. Exxelia is a leading
designer and manufacturer of high-reliability passive electronic
components and high-end electromechanical solutions. Exxelia Group
was born in 2009 from the merge of several long-established
companies with complementary activates and know-hows. This powerful
alliance of expertise enables the Group to provide a unique product
portfolio dedicated to harsh environments. Exxelia’s products are
commonly used for power electronics, power generation, empty
storage, and signal filtering functions in demanding domains such
as Defense, Aviation, Space, Energy, Transportation, Medical
Telecom and other Industrial applications. www.exxeliausa.com
For Details Contact:
Kristi Matthews
Strategic Marketing Director
Richardson Electronics, Ltd.
(630) 200-1442
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