Digi-Key Corporation and Cree, Inc. Announce Global Distribution Agreement for Power Devices
Source/Type: Press Releases - As issued by company

January 11, 2007... Thief River Falls, MN and Durham, NC – January 11, 2007 – Digi-Key Corporation and Cree, Inc. announced today the signing of a global distribution agreement for Cree’s silicon carbide-based power devices.

Cree, Inc. is a market-leading innovator and manufacturer of silicon carbide semiconductors that enhance the value of power, solid-state lighting and communications products by significantly increasing energy performance.

Digi-Key is currently stocking Cree’s Schottky diodes with voltage ratings ranging from 300V to 1200V and current ratings from 1A to 20A. These products are featured in both Digi-Key’s print and online catalogs and are available for purchase directly from Digi- Key. This new distribution agreement will enable Digi-Key to fulfill both the design and production quantity needs of its diverse customer base.

“Cree’s expertise in silicon carbide brings greater energy performance to a number of power applications, including power factor correction in personal computer and laptop power supplies,” said Mark Larson, Digi-Key president and CEO. “We are very pleased to add Cree to our line card and certain that its products will be of consequential interest to many of our customers.”

“This agreement with Digi-Key is another major step in achieving Cree’s strategic plan to build world-class sales and marketing reach,” said Jorge Aguilar, Cree vice president and general manager for power devices. “We are pleased to participate in Digi-Key’s extensive sales network, which can significantly accelerate the sampling and design-in process for our customers.

About Digi-Key Corporation

One of the world’s fastest growing distributors of electronic components, Digi-Key has earned its reputation as an industry leader through its total commitment to service and performance. As a full-service provider of both prototype/design and production quantities of electronic components, Digi-Key has been ranked #1 for Overall Performance for 15 consecutive years from among the nation’s more than 200 distributors (EE Times Distribution Study/ May 2006). Offering more than 850,000 products from over 330 quality name-brand manufacturers, Digi-Key’s commitment to inventory is unparalleled. Access to the company’s broad product offering is available 24-hours-a-day, seven-days-a-week at Digi-Key’s top-rated Web site, www.digikey.com.

About Cree, Inc.

Cree is a market-leading innovator and manufacturer of semiconductors and devices that enhance the value of power, solid-state lighting and communications products by significantly increasing their energy performance and efficiency. Key to Cree’s market advantage is its world-class materials expertise in silicon carbide (SiC) and gallium nitride (GaN) for chips and packaged devices that can handle more power in a smaller space while producing less heat than other available technologies, materials and products. Cree drives its increased performance technology into multiple applications including optimized power management for high-current, switch-mode power supplies and variable-speed motors, exciting alternatives for brighter and more tunable light for general illumination, backlighting for more vivid displays and more effective wireless infrastructure for data and voice communications. For additional information, visit www.cree.com.

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