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Further Proof of Market Demand for Independent, Neutral
Quoting Service
PASADENA, Calif. - February 27, 2001 - eConnections,
Inc., announced today that three additional distributors,
Digi-Key Corporation, Jaco Electronics, Inc. (NASDAQ:JACO),
and Projections Unlimited, Inc., will participate in Quotility,
the authorized online quote utility for the electronics industry.
Quotility is an online quoting service that provides authorized
connections to the world's leading electronic component manufacturers,
distributors, and manufacturer's representatives. Independent
and neutral, it gives customers needing electronic components
an efficient way to request, collect and compare critical
product information from distributors and manufacturers. Since
information is exchanged through a secure private marketplace,
users can be confident that the data is authorized, timely
and reliable.
"We've always been proud of our service at Jaco,"
said Ben Schwartz, vice president of strategic marketing for
Jaco Electronics. "Quotility lets our customers take
full advantage of the network, giving them an efficient way
to find the price and availability information they need."
"Most e-marketplace sites that Digi-Key has evaluated
result in additional costs and redundant efforts without any
true savings to the customer. Quotility is one of the few
services with the potential to add true value to the supply
chain," said Mark Larson, president and COO of Digi-Key
Corporation. "For this reason, we believe that our participation
with Quotility will be beneficial for our customers."
Quotility replaces traditional inefficiencies with automated
and intelligent quote distribution, tracking, consolidation
and reporting capabilities. Customers can upload quotes, select
the authorized suppliers and distributors they wish to quote,
then receive an automated spreadsheet containing detailed
information as to price, availability, manufacturers' part
numbers and standard packaging. And, because that information
is from authorized sources, customers know they'll get genuine
components, warranty protection, technical support, customer
service, inventory management and value-added services.
"PUI's personal commitment is to make it easy to do
business," said Karen Gau, vice president of marketing
for Projections Unlimited, Inc. "This is not an Internet
venture. This is an industry standard solution developed and
supported by proven customer advocates."
"eConnections remains committed to the authorized channel,"
said Rob Rodin, chairman and CEO of eConnections. "We
are very excited to have these new members."
In addition to Digi-Key, Jaco and PUI, other members of the
Quotility community include: All American Semiconductor (NASDAQ:SEMI),
Arrow Electronics (NYSE:ARW), Artesyn Technologies (NASDAQ:ATSN),
Atmel Corporation (NASDAQ:ATML), Avnet (NYSE:AVT), AVX Corporation
(NYSE:AVX), Bell Microproducts (NASDAQ:BELM), Bourns Inc.,
FCI/Berg, Fujitsu Takamisawa America, Hitachi Semiconductor
America, KEMET Corporation (NYSE:KEM), Kent Electronics Corporation
(NYSE:KNT), The Memec Group (which includes Impact Technologies,
Insight Electronics and Unique Technologies), Micron Technology
(NYSE:MU), Molex Inc. (NASDAQ:MOLX and MOLXA), Murata Electronics
North America, NEC Electronics, Nu Horizons (NASDAQ:NUHC),
Pioneer-Standard Electronics (NYSE:PIOS), QuickLogic Corporation
(NASDAQ:QUIK), Reptron Electronics (NYSE:REPT), Toshiba America
Electronic Components and TTI, Inc.
About eConnections
eConnections represents a new web-based model for supply-chain
management in the electronics industry: the private marketplace.
Neutral and independent, combining deep industry expertise
with authorized connections to the world's leading suppliers,
distributors and manufacturer representatives, eConnections
speeds a customer's time to market, coordinating supply-chain
efficiency through a comprehensive toolbox of customizable
services. For more information, visit www.eConnections.com.
About DigiKey
Digi-Key - the electronic components distributor, service
and performance leader - has earned a reputation of leadership
in the electronics distribution industry resulting from a
unified commitment to product availability, service and performance.
For information about 220+ Manufacturers; 160,000+ Products,
Online Ordering; Datasheets; Industry Links; and more visit
Digi-Key's Web Site at www.digikey.com.
About Jaco
Jaco is a distributor of electronic components and a provider
of contract manufacturing and value-added services throughout
the United States and Canada from two distribution centers
located on the East and West coasts and 21 sales offices located
throughout the United States. The company distributes products
such as semiconductors, capacitors, resistors, electro-mechanical
devices, flat panel displays and monitors and power supplies,
which are used in the manufacture and assembly of electronic
products. They also provide a variety of value-added services
including automated inventory management services, integrating
and assembling various custom components with flat panel displays
("FPD's") to customer specifications, kitting the
component requirements of customers, and furnishing contract
manufacturing services. For more information please contact:
Jaco Electronics (631) 273-5500, info@jacoelect.co - www.jacoelectronics.com.
About PUI
For more than 20 years PUI has been proving the electronics
community with high quality products and services. As a specialized
electronics component distributor, PUI distributes a full
line of interconnect, passive and electromechanical components.
PUI provides supply chain solutions with an emphasis on exceptional
customer service. With PUI, The Difference is Personal. Find
us fast at www.gopui.com.
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