Exar Signs Global Distribution Agreement with Arrow Electronics

FREMONT, Calif., Jan. 23, 2012 /PRNewswire/ -- Exar Corporation (Nasdaq: EXAR) has signed a global distribution agreement with Arrow Electronics, Inc. (NYSE:ARW).

Under the agreement, Arrow customers will have access to Exar's broad portfolio of power management and interface components, communications products, storage optimization solutions, network security and applied service processors. Arrow has been Exar's channel partner in Europe.

"Collaborating with Arrow on a global basis is an exciting opportunity for us," said Chris Dingley, executive vice president, worldwide sales, Exar Corporation. "Arrow is a premiere channel partner with outstanding capabilities in global logistics, demand creation and technical support."

"With over 40 years of experience in analog, mixed-signal and digital technology that meets the needs of the evolving connected world, Exar is a valued addition to our linecard," said Jeff Eastman, senior vice president of global supplier marketing and asset management for Arrow.   "Exar's depth combined with Arrow's technical expertise and global reach are sure to drive new solutions to the marketplace and accelerate time-to-market for our customers."

About Exar

Exar Corporation delivers highly differentiated silicon, software and subsystem solutions for data communication, storage, consumer and industrial applications. For over 40 years, Exar's comprehensive knowledge of end-user markets along with the underlying analog, mixed signal and digital technology has enabled innovative solutions that meet the needs of the evolving connected world. Exar's product portfolio includes power management and interface components, communications products, storage optimization solutions, network security and applied service processors. Exar has locations worldwide providing real-time customer support to drive rapid product development. For more information about Exar, visit www.exar.com.

About Arrow Electronics

Arrow Electronics (www.arrow.com) is a global provider of products, services and solutions to industrial and commercial users of electronic components and enterprise computing solutions. Headquartered in Englewood, Colo., Arrow serves as a supply channel partner for over 1,200 suppliers and 115,000 original equipment manufacturers, contract manufacturers and commercial customers through a global network of more than 340 locations in 52 countries.

SOURCE Exar Corporation

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