AVX Recognizes Avnet Electronics Marketing China for Outstanding Sales Growth

FOUNTAIN INN, S.C., Dec. 11, 2015 (GLOBE NEWSWIRE) -- AVX Corporation, a leading manufacturer of passive components and interconnect solutions, recently recognized Avnet Electronics Marketing China (AEMC) for outstanding sales growth in the second quarter of AVX's fiscal year. Recording more than 22% growth over the highest quarter from the previous year, the Avnet China sales team was the only distributor region to receive special recognition from AVX globally.

"The focus we have seen from the Avnet team in China has delivered impressive results for AVX, and we are confident that the foundations of our mutual business are strong enough to deliver continued growth beyond this quarter," said Pete Venuto, senior vice president of sales at AVX. "On behalf of the entire AVX team, I would like to once again congratulate Avnet Electronics Marketing China on its superior performance."

The AVX sales award was presented to Frederick Fu, regional president, Avnet Electronics Marketing China, at a dinner held in Hong Kong in November.

"It is an honor to be the only distributor in our region to receive this award, which is a great recognition of the value we deliver to both our trusted partner and our customers," said Frederick Fu, regional president, Avnet Electronics Marketing China. "Avnet's greatest strengths lie in our technical expertise and people, and we are uniquely positioned as a true valued-added service provider to help our partners to get their products to market faster and grow profitably."

For more information about AVX, please visit their newly redesigned website at www.avx.com, call 864-967-2150, or write to One AVX Boulevard, Fountain Inn, S.C. 29644.

Editor's Note: In the attached image, pictured left to right, are: K.H. Khoo, general manager, Asia sales, AVX; Frederick Fu, regional president, Avnet EMC; and Pete Venuto, senior vice president, global sales, AVX.

About Avnet

From components to cloud and design to disposal, Avnet, Inc. (NYSE:AVT) accelerates the success of customers who build, sell and use technology globally by providing them with a comprehensive portfolio of innovative products, services and solutions. Avnet is a Fortune 500 company with revenues of $27.9 billion for the fiscal year 2015. For more information, visit www.avnet.com.

About AVX

AVX Corporation is a leading international supplier of electronic passive components and interconnect solutions with 21 manufacturing and warehouse facilities in 12 countries around the world. AVX offers a broad range of devices including capacitors, resistors, filters, couplers, timing and circuit protection devices and connectors. The company is publicly traded on the New York Stock Exchange (NYSE:AVX).

A photo accompanying this release is available at: http://www.globenewswire.com/newsroom/prs/?pkgid=38116

CONTACT: Nick Kovalsky
         Product Promotions Manager, AVX
         864-228-8869
         [email protected] 
                                                        
         Christine Stieglitz
         PR Executive, BtB Marketing
         919-872-8172
         [email protected]