Premier Farnell announces global franchise agreement with LedEngin, Inc.

Date Announced: 17 Nov 2008

-- Global agreement provides design engineers access to the latest solid-state lighting technology for ultra-bright LEDs capable of emitting 1,000+ lumens

[photo caption] Michael Heise, VP of World Wide Sales, LedEngin (left) and Jamie Furness, Global Technology Development Manager of Farnell (right)

London, UK -- Premier Farnell plc (LSE:pfl), the leading multi-channel, high service distributor supporting millions of engineers and purchasing professionals globally, has signed a new global franchise agreement with LedEngin, Inc.

LedEngin is a technology leader in the solid-state lighting industry specializing in high power LEDs. They develop and manufacture ultra-bright LEDs capable of emitting 1,000+ lumens, delivering extreme flux density and industry leading reliability.

This agreement will see Premier Farnell stocking LEDEngin's lighting products ranging from 3 to 15 Watts in Cool White, Neutral White, Warm White, direct colours, RGB, RGBA, UV, Dental Blue and horticulture colours for its extensive electronic design engineer customer base. LedEngin also provides modular solutions and application support on optics, drivers and thermal management to simplify design integration and accelerate time to market.

Premier Farnell will stock several product lines from LedEngin, providing a leading range of solid-state LED lighting solutions and distribute them through Premier Farnell's global network of companies - Newark in the Americas, Farnell in Europe, Australia, New Zealand and India, Premier Electronics in China, Hong Kong and Taiwan, and Farnell-Newark in ASEAN and Brazil.

Premier Farnell continues to invest in and drive its own technical support programmes to ensure that electronic design engineers around the world receive the support, information and data on the latest technologies and products as quickly and effectively as possible. The new global agreement will provide designers immediate web access to data and support, as well as reduced delivery lead times.

"This new global franchise agreement with LedEngin, Inc will strengthen our solid-state lighting product offering for our world-wide design engineering customer base," said Marianne Culver, Head of Global Supplier Management, at Premier Farnell. "We are delighted to be working with a company that has a variety of LED technology that will provide innovative lighting solutions for our customer base.

"The cooperation with Premier Farnell on a global basis will now allow us to deliver our extraordinary product portfolio to engineers and lighting designers in most markets of the world within a very short lead time, said David Tahmassebi, CEO of LedEngin. "The accessibility of our unique high tech product portfolio through Premier Farnell's vast global network will be very beneficial for us and most importantly our customers."

About Premier Farnell

Premier Farnell plc (LSE:pfl) is a leading high service, multi-channel distributor of electronic, and industrial products and specialist services throughout Europe, the Americas and Asia Pacific. It goes to market with a differentiated value proposition, world-class marketing, a stocked range of 450,000+ products, and access to 4,000,000 more items from 3,500 top manufacturers. The company has group sales of £823.1m and over 4,100 employees globally.

While global in scope, Premier Farnell recognizes the individual needs of each market and has continued to internationalize its model accordingly, trading locally under different brand names. Its primary electronics businesses trade as Farnell in the UK, India, Europe, Australia and New Zealand, Newark in the US, Canada and Mexico, and Premier Electronics in China. In Singapore, Malaysia, Hong Kong and Brazil the operation is known as Farnell Newark.

Premier Farnell has participated in the Business in the Community CR Index for three years and has been one of the 'biggest improvers' in the index in the last two years. The company is also a member of the FTSE4Good Index of Corporate and Social Responsibility and has published its own Corporate Social Responsibility report since 2002.

Jenny Peters, Head of Corporate Communication Premier Farnell plc, and Asia Tel: +44 (0) 207 851 4102


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