DALLAS--(BUSINESS WIRE)--RF Monolithics, Inc. (NASDAQ: RFMI) (RFM; the “Company”), a leader in M2M and wireless communications-enabling technology, has expanded its distribution agreement with Avnet Electronics Marketing, an operating group of Avnet, Inc. (NYSE: AVT), one of the largest distributors of electronic components, computer products and embedded technology in the world. Avnet Electronics Marketing currently distributes RFM products to electronic original equipment manufacturers (EOEMs) and electronic manufacturing services (EMS) providers throughout North and South America. Under the new agreement, Avnet Electronics Marketing will distribute RFM products throughout most of Asia.
Said Duane Covell, director of RFM Worldwide Distribution, “There are very few global distribution partners like Avnet, that offer feet on the street, design-chain and supply-chain services that are critical to growing revenue for manufacturers like RFM. Together, we have a mutually proven track record of success with happy end-customers and steady revenue growth. We look forward to building on this relationship to reach new customers, growing revenue with existing Asia customers and streamlining our distribution channel with a strong Asia partner like Avnet.”
RFM’s broad line of standards-based certified modules and short-range IC radios, plus RFM proprietary certified modules and short-range IC radios and RF components can be integrated into a long list of common M2M and communications applications. These applications include medical and healthcare, building automation and control, smart grid and advanced metering infrastructure, industrial grade wireless networks, automotive and transportation, and telecommunications. RFM products are embedded directly into OEM products.
“With so many applications, choosing the right certified module, short-range IC radio or RF component can be a daunting task. But with assistance from Avnet’s technical team accompanied by reference materials like RFM’s printed and online interactive selector guides, basic specification and common applications can be easily identified,” said Covell. “This is one of the reasons why the relationship with Avnet works so well for RFM.”
All categories of certified RF modules, short-range IC radios, and RF components are in-stock and available for same-day shipping when ordered from www.avnetexpress.com.
About RFM
RF Monolithics, Inc., headquartered in Dallas, Texas, is a provider of solutions-driven, technology-enabled wireless connectivity for a broad range of wireless applications — from individual standardized and custom components to modules for comprehensive industrial wireless sensor networks and machine-to-machine (M2M) technology. For more information on RF Monolithics, Inc., please visit the Company’s website at www.RFM.com.
Forward-Looking Statements
This news release contains forward-looking statements, made pursuant to the Safe Harbor Provision of the Private Securities Litigation Reform Act of 1995, that involve risks and uncertainties. Statements of the plans, objectives, expectations and intentions of RFM and/or its wholly-owned subsidiaries (collectively, the “Company” or “we”) involve risks and uncertainties. Statements containing terms such as “believe”, “expect”, “plan”, “anticipate”, “may” or similar terms are considered to contain uncertainty and are forward-looking statements. Such statements are based on information available to management as of the time of such statements and relate to, among other things, expectations of the business environment in which we operate, projections of future performance, perceived opportunities in the market and statements regarding our mission and vision, future financial and operating results. Such statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions, including risks related to economic conditions as related to our customer base, collection of receivables from customers who may be affected by economic conditions, the highly competitive market in which we operate, rapid changes in technologies that may displace products sold by us, declining prices of products, our reliance on distributors, delays in product development efforts, uncertainty in customer acceptance of our products, changes in our level of sales or profitability, manufacturing and sourcing risks, availability and lead times of raw materials, cost of components for our products, product defects and returns, as well as the other risks detailed from time to time in our SEC reports, including the report on Form 10-K for the year ended August 31, 2010. We do not assume any obligation to update any information contained in this release.