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JACO
ELECTRONICS AND SCIENTIFIC DEVICES FORGE NEW
ELECTRONIC COMPONENTS DISTRIBUTION PARTNERSHIP SERVING CANADA
Hauppauge,
NY, and Mississauga, ON, Canada, August 26, 2008 -- Jaco Electronics,
Inc. (Nasdaq: JACO), a global distributor and integrator of
electronic components and customized flat panel display solutions
(FPD), and provider of value-added logistics services, today
announced a new electronic component distribution partnership
agreement with Scientific Devices Inc. to jointly serve all
of Canada, with the exception of the Province of British Columbia.
“Jaco
is a respected and experienced U.S. distributor and we are
delighted at the prospect of partnering with them as we focus
on further growing our product offering and customer base
here in Canada. We will be adding their over 260,000 stocked
items to SDI’s portfolio, creating a formidable distribution
partnership,” stated Tony Scavetta, General Manager of
Scientific Devices.
Jaco
Chairman and Chief Executive Officer Joel Girsky, stated,
“Combined, Scientific Devices and Jaco Electronics have
more than 60 years of North American distribution expertise.
We are excited about joining forces with our Canadian friends
at SDI, and look forward to working together to serve such
a robust and dynamic market. SDI’s local distribution
knowledge and expertise will serve us well as we expand our
geographic footprint.”
About
Scientific Devices Inc. (SDI)
Since
1990, SDI (www.scidev.com) has been one of Canada's first
independent distributors focusing on the electronics industry,
allowing customers an alternative to traditional supply chain.
With the ability to source products worldwide, customers have
turned to SDI as a key partner in their supply chain requirements.
SDI is recognized globally as a key supplier and partner,
working with major OEMs, developing a reputation for service
and reliability.
About
Jaco Electronics
Jaco is
a leading distributor of electronic components to industrial
OEMs and contract manufacturers. Jaco distributes products
such as semiconductors, capacitors, resistors, electromechanical
devices, flat panel displays (FPD) and power supplies, which
are used in the manufacture and assembly of electronicproducts,
including: telecommunications equipment, computers and office
equipment, medical devices and instrumentation, industrial
equipment and controls, military/aerospace systems and automotive
and consumer electronics. Jaco has two distribution centers,
a warehouse in Singapore, and 15 strategically located sales
offices throughout the United States. The Company operates
an in-house FPD integration center housing its engineering
and manufacturing staff and operations. The integration center
enhances Jaco’s ability to provide customers with unique
value-added display solutions and a “one-stop” source
for their FPD supply and integration requirements. In addition
to customized FPD solutions, Jaco provides a variety of value-added
services including automated inventory management services
and assembling stock items for customers into pre-packaged
kits.
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