Bel Fuse Names Anglia Components to European Distribution Network
May 21 2014 - 3:17PM
Business Wire
Agreement Further Strengthens Distribution
Channel Within the UK and Ireland
Bel Fuse Inc. (NASDAQ: BELFA) (NASDAQ: BELFB), a
premier developer of fuses and magnetic-based solutions for
high-speed networking and computer applications, announced today
the signing of a distribution agreement with UK-based Anglia
Components, a leading independent authorized distributor of
semiconductors, optoelectronics, interconnect, passive and
electromechanical components. The contract authorizes Anglia to
distribute and market the full Bel portfolio of circuit protection,
magnetics and interconnect devices to OEMs throughout the UK and
Ireland. Notably included in the stocking package are SMT chip
fuses, and MagJack® integrated connector modules, which are now
offered online through Anglia Live (www.anglia-live.com).
Paul Ochmann, European sales and marketing director of Bel Fuse,
stated, "We are very pleased to add Anglia to our European
distribution channel as their broad customer base and reputation
for unparalleled engineering support, technical knowledge and
logistical expertise makes them an ideal partner. We view our
distribution agreement with Anglia as a terrific opportunity to
increase our global market share while simplifying the circuit
protection, magnetics and interconnect product sourcing process for
OEMs in the UK and Ireland. We are confident that this contract
will prove extremely beneficial for everyone involved."
"The addition of Bel's full lines of circuit protection and
Ethernet connectivity devices to our line card of leading global
manufacturers supports our goal of becoming a single-source
supplier for our UK and Ireland customers," commented David
Pearson, technical director of Anglia. "We are committed to
providing OEMs with the depth of inventory, sourcing capabilities,
superior customer service and pricing needed to help Anglia's
customers speed products' time-to-market. Our Field Application
Engineers have undergone extensive training on Bel's components to
ensure customers receive the utmost in local service and support.
We look forward to assisting Bel penetrate new markets and increase
sales for many years to come."
About Bel
Bel (www.belfuse.com) and its divisions are primarily engaged in
the design, manufacture, and sale of products used in networking,
telecommunications, high-speed data transmission, commercial
aerospace, military, transportation, and consumer electronics.
Products include magnetics (discrete components, power transformers
and MagJack® connectors with integrated magnetics), modules (DC-DC
converters and AC-DC power supplies, integrated analog front-end
modules and custom designs), circuit protection (miniature, micro
and surface mount fuses) and interconnect devices (micro, circular
and filtered D-Sub connectors, fiber optic connectors, passive
jacks, plugs and high-speed cable assemblies). The Company operates
facilities around the world.
About Anglia
Anglia (www.anglia.com) is the UK's leading independent
authorized distributor of semiconductors, optoelectronics,
interconnect, and passive and electromechanical components. The
company is a signatory of the ADS SC21 programme and holds AS9120,
ISO9001, ISO14001 accreditations and IECQ-CECC qualification.
Anglia's exceptional technical support spans a fast sampling
service, telephone advice from product specialists, on-site visits
from field applications engineers and, ultimately, electronics
design. An in-house team of designers adds expert resources to
customers' design teams helps reduce final product costs and
accelerates development times. Anglia stocks over 700 million
components from 500,000 product lines in the UK, streamlines its
customers' logistics, and reduces costs through KAN-BAN, EDI, and
customer-dedicated inventory.
Forward-Looking Statements
Except for historical information contained in this press
release, the matters discussed in this press release are
forward-looking statements that involve risks and uncertainties.
Among the factors that could cause actual results to differ
materially from such statements are: the market concerns facing our
customers; the continuing viability of sectors that rely on our
products; the effects of business and economic conditions;
difficulties associated with integrating recently acquired
companies; capacity and supply constraints or difficulties; product
development, commercializing or technological difficulties; the
regulatory and trade environment; risks associated with foreign
currencies; uncertainties associated with legal proceedings; the
market's acceptance of the Company's new products and competitive
responses to those new products; and the risk factors detailed from
time to time in the Company's SEC reports. In light of the risks
and uncertainties, there can be no assurance that any
forward-looking statement will in fact prove to be correct. We
undertake no obligation to update or revise any forward-looking
statements.
Investor Contact:Neil Berkman Associates(310)
477-3118info@berkmanassociates.comorCompany Contact:Bel Fuse
Inc.Mark Coggan(858) 676-9650, Ext. 104
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