Avnet Electronics Marketing and Fairchild Semiconductor Celebrate 50-Year Milestone

The Avnet Electronics Marketing operating group of Avnet, Inc. (NYSE: AVT) and Fairchild Semiconductor (NYSE: FCS) are celebrating their 50-year alliance. The two companies commemorated their golden anniversary during a special award presentation in Phoenix on Friday, November 13th.

Over 50 years ago Fairchild Semiconductor began its history as a leading-edge innovator with the development of the planar transistor. Today, Fairchild is a global leader delivering energy-efficient power analog, power discrete and signal path solutions. Working together, the two companies have been providing high-performance semiconductor products and value-added services to the global power, interface, analog, mixed signal, logic, optoelectronic and configurable product markets.

Ed Smith, president of Avnet Electronics Marketing Americas, presented a 50-year commemorative award to Fairchild Semiconductor on behalf of the company. “The electronics industry has seen many changes over the last half a century. Throughout, Avnet and Fairchild have worked together to provide the technology and services our customers need to make their visions a reality and in a faster and more efficient manner,” said Smith. “We hope to continue helping our customers reach new heights with Fairchild well into the future.”

“Fairchild Semiconductor is proud to celebrate our 50-year partnership with Avnet. In 1959, the planar transistor marked the beginning of an industry revolution, and Fairchild became one of the first semiconductor lines at Avnet,” said Mark Norman, vice president, sales and marketing Americas, worldwide distribution for Fairchild Semiconductor. “Avnet is still a valued partner today, and together we’ve maintained a long-term relationship, which is unique given the many changes in the industry over the past 50 years. Through this alliance, we’re pleased to be able to continue to provide leading-edge semiconductor technology to drive energy-efficient electronic applications. We look forward to the next 50 years.”

For more information about Avnet and Fairchild Semiconductor products, please visit www.em.avnet.com/fairchild.

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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 Web site is located at www.em.avnet.com. Avnet, Inc. (NYSE:AVT), a Fortune 500 company, is one of the largest distributors of electronic components, computer products and embedded technology in the world. Avnet accelerates its partners’ success by connecting the world’s leading technology suppliers with a broad base of more than 100,000 customers and providing cost-effective, value-added services and solutions. For the fiscal year ended June 27, 2009, Avnet generated revenue of $16.23 billion. For more information, visit www.avnet.com.

About Fairchild Semiconductor

Fairchild Semiconductor (NYSE: FCS) is a global leader delivering energy-efficient power analog and power discrete solutions. Fairchild is The Power Franchise®, providing leading-edge silicon and packaging technologies, manufacturing strength and system expertise for consumer, communications, industrial, portable, computing and automotive systems. An application-driven, solution-based semiconductor supplier, Fairchild provides online design tools and design centers worldwide as part of its comprehensive Global Power ResourceSM. Please contact us on the web at www.fairchildsemi.com.

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