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International Rectifier Appoints Richardson Electronics Ltd. as a Value-Added Distributor
EL SEGUNDO, CA. September 2001 - International Rectifier, IR® (NYSE:IRF - news), today announced the addition of Richardson Electronics Ltd. (Nasdaq:RELL - news) of LaFox, Ill., as a distributor for the International Rectifier line of power management products, including HEXFET® power MOSFETs and discrete components, proprietary analog ICs, advanced circuit devices and power systems.
Richardson Electronics services markets and applications that include industrial heating, welding, laser, power supply, motor drive and alternative energy. The firm's capabilities include: engineering solutions, systems integration, prototype design and manufacturing, testing, e-commerce and logistics. More than 50 percent of Richardson's products are modified or assembled to customer-specific requirements.
Robert Grant, executive vice president of Corporate Marketing for International Rectifier, said, ``Richardson's value-added e-commerce and engineering capabilities, along with their extensive line card of complementary products, fit well with International Rectifier's power management product expertise.''
Bruce Johnson, president and chief operating officer of Richardson Electronics, stated: ``The addition of International Rectifier to our current power conversion product offering further reinforces our strategy of providing engineered solutions to our industrial customers. IR is a market leader and we welcome the opportunity to take these products into new applications and markets.''
About International Rectifier
International Rectifier is recognized as a leading supplier of power semiconductors and systems solutions. IR's patented HEXFET® power MOSFETs, IGBTs and high-voltage ICs make electricity work smarter in industrial automation and controls, automotive electrical systems, consumer electronics, computers and peripherals, telecommunications, lighting, and satellite/launch vehicle applications.
About Richardson Electronics
Richardson Electronics Ltd. is a global provider of ``engineered solutions,'' serving the RF and wireless communications, industrial power conversion, medical imaging, security and display systems markets. Richardson delivers engineered solutions for its customers' needs through product manufacturing, systems integration, prototype design and manufacture, testing and logistics.
Note to Editors: HEXFET® and IR® are registered trademarks of International Rectifier Corp. All other product names noted herein may be trademarks of their respective holders.
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