FOX ELECTRONICS AND AVNET-TIME PARTNER TO PROVIDE FREQUENCY CONTROL PRODUCTS THROUGHOUT EUROPE

Fort Myers, FL October 6 2003-– Fox Electronics, Inc., America's premier supplier and a global leader of frequency control products, and Avnet-Time, the European division of Avnet Inc. (NYSE: AVT) and a global leader in the distribution of electronic components, have entered into a partner relationship for Avnet-Time to represent Fox Electronics' full line of frequency control products in Europe. The Fox product line includes crystals, TCXOs, VCXOs, OCXOs, rfXOs, and the JITO®-2 (Just-In-Time Oscillators), used by electronic original equipment manufacturers (EOEMs) and contract equipment manufacturers (CEMs) and original design manufacturers (ODMs) throughout the world.

Ian Corlett, Passive and Commodity Group Director of Avnet-Time, stated, "We've represented Fox products with great success for several years in the US, so expanding our relationship in Europe is clearly a logical step. Fox's superior product quality, advanced technology, and dominant market position will significantly benefit our customers in the European and global markets."

E.L. Fox, Jr., Fox Electronics President, said, "In addition to Avnet-Time‘s extensive world class sales division, distribution center, and one of the top rated customer service organizations in Europe and the world, Avnet-Time can draw from the support of its parent company to quickly deliver products and services on behalf of its customers. As the global demand for frequency control products grows, Avnet-Time will continue to be well positioned to provide frequency control solutions throughout Europe."

For additional information, contact Customer Service, Fox Electronics, 5570 Enterprise Parkway, Fort Myers, FL 33905. Tel: 888/GET-2-FOX; Fax: 239/693-1554;
E-mail: sales@foxonline.com; Web: www.foxonline.com.

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READER SERVICE INQUIRIES: Please forward all reader service inquiries to Customer Service, Fox Electronics, 5570 Enterprise Parkway, Fort Myers, FL 33905.

ABOUT FOX: Fox is America's leading supplier of standard and custom frequency control products, including the industry's broadest line of crystals, oscillators, VCXOs, TCXOs, OCXOs and crystal filters. The company, headquartered in Fort Myers, FL, has facilities, representatives, and distributors throughout the world.




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