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Avnet Electronics Marketing Americas Signs Distribution Agreement with ZigBee Module Manufacturer, MMB Networks

Avnet Electronics Marketing Americas, a business region of Avnet, Inc. (NYSE: AVT), has signed a distribution agreement with MMB Networks, a leading global designer and manufacturer of ZigBee module solutions.

Click to Tweet: #Avnet EM signs distribution agreement with @MMBNetworks http://ow.ly/sQY4t

MMB Networks' ZigBee modules and USB sticks provide a complete connectivity solution powered by MMB's RapidConnect software platform, and backed up by MMB’s world-class support services. RapidConnect fully automates ZigBee Smart Energy and ZigBee Home Automation — adapting to multiple connected home platforms and enabling new ones. This allows OEMs not only to rapidly add connectivity to their product, but to sell those products through a variety of home automation, security and smart energy channels.

“MMB’s products allow Avnet to offer more complete connectivity solutions on the ZigBee platform,” said Alex Iuorio, senior vice president, supplier management and business development for Avnet Electronics Marketing Americas. “MMB’s RapidConnect does the heavy lifting for customers looking to rapidly add connectivity to their product.”

“Enabling connected home products in a rapidly evolving market requires highly adaptable technology and strong customer support,” said Daniel Moneta, CEO, MMB Networks. “A partnership between MMB Networks' RapidConnect platform and services, and Avnet's global reach, will enable new opportunities for MMB Networks and our OEM customers, and accelerate the growth of the connected home market.”

To view the entire MMB Networks product line available from Avnet, visit Avnet Express.

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About MMB Networks (A division of MMB Research Inc.)

MMB Networks (www.mmbnetworks.com) is a Toronto-based leader in connected home technology. With out-of-the-box connectivity products backed by world-class integration support, MMB’s RapidConnect platform has enabled consumer electronics OEMs to dramatically accelerate time-to-market and multiply sales channels for smart, connected versions of their devices.

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 80 countries, distributing electronic components and embedded systems from leading manufacturers and providing associated design-chain, supply-chain and value-added integration services. The group's website is located at www.em.avnet.com.

About Avnet, Inc.

Avnet, Inc. (NYSE: AVT), a Fortune 500 company, is one of the largest distributors of electronic components, memory products and embedded technology serving customers globally. Avnet accelerates its partners' success by connecting the world's leading technology suppliers with a broad base of customers by providing cost-effective, value-added services and solutions. For the fiscal year ended June 29, 2013, Avnet generated revenue of $25.5 billion. For more information, visit www.avnet.com.

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