Take advantage of independent, real-time strategic sourcing network to dramatically shorten quote cycle time and improve competitiveness

Pasadena, Calif. - April 15, 2002 - eConnections Inc., the leading provider of extended supply chain intelligence solutions, announced today that Garrett Electronics Corp. of Santa Maria, CA, and PSC Electronics of Santa Clara, CA, have joined the eConnections strategic sourcing network community of more than 1,500 electronics industry companies.

The addition of these innovative distributors reflects the continued growth of the eConnections network – the only business process hub in the electronics industry that offers an independent platform for strategic sourcing, as part of a suite of supply chain management applications. The eConnections application suite features real-time, transparent connectivity for managing the entire supply chain, either inside an organization or across the extended supply chain outside a company's four walls.

First introduced in January 2001, eConnections Quote Manager (eCQM) is a comprehensive strategic sourcing solution designed specifically for the electronics industry that provides as much as a 50 to 65 percent reduction in quote cycle time and associated costs. eCQM features "come as you are" connectivity, allowing companies to plug in without the requirement to conform to specific standards or to purchase and install costly network software.

Using eCQM, supply chain partners can leverage the Web to collaborate more effectively throughout the quote process. The system automatically distributes requests for quotes (RFQs) based on a customer's rules for preferred vendors. So far, the eConnections system has processed more than $7 billion in quotes, providing access to some 15 million part numbers and more than $12 billion in available inventory.

eCQM is part of the eConnections suite of extended supply chain intelligence services, including eConnections Demand Manager (eCDM), Supply Manager (eCSM) and Inventory Manager (eCIM), all specifically designed for collaborative management of the electronics industry's global marketplace.

In addition to Garrett and PSC, other members of the eConnections strategic sourcing network include: Agilent Technologies Inc. (NYSE: A), 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., Capsco, Digi-Key Corporation, Dove Electronic Components, FCI/Berg, Force Electronics, Future Electronics, Fujitsu Takamisawa America, Heiland Electronics, Hitachi Semiconductor America, Infineon Technologies Corporation (NYSE: IFX), International Rectifier Corporation (NYSE: IRF), Jaco Electronics, Inc. (NASDAQ:JACO), KEMET Corporation (NYSE:KEM), The Memec Group (which includes Insight Electronics and Unique Technologies), Molex Inc. (NASDAQ:MOLX and MOLXA), Murata Electronics North America, NEC Electronics, Nu Horizons (NASDAQ:NUHC), ON Semiconductor (Nasdaq: ONNN), Pioneer-Standard Electronics (NYSE:PIOS), Projections Unlimited, Inc., QuickLogic Corporation (NASDAQ:QUIK), Richardson Electronics, Reptron Electronics (NYSE:REPT), Rochester Electronics, Sager Electronics, Toshiba America Electronic Components and TTI, Inc.

About eConnections
eConnections is the leading provider of extended supply chain intelligence solutions specifically designed for collaboration to manage the electronics industry's global marketplace. eConnections offers supply chain services that combine embedded domain expertise with authorized connections to a community of more than 1,500 of the world's leading suppliers, distributors and manufacturers' representatives. eConnections provides electronics companies with trusted, net-native solutions that streamline the complexity of the supply chains in which they operate and enable them to get the right product to the right place, at the right time, in the most efficient way possible. eConnections, a privately held company, is headquartered in Pasadena, Calif. For more information, please visit www.eConnections.com.

About Garrett Electronics Corp.
Located in Santa Maria, California, Garrett Electronics is a stocking distributor of passive and discrete components specializing in surface mount technologies. Our niche is supplying OEMs and CEMs during the design and development phase. To find out more about our unique services, which include support for short reels, prototype quantities and engineering design kits please visit our website at http://www.garrettelec.com.

About PSC Electronics
PSC Electronics is an authorized, stocking distributor of magnetic, interconnect, electro-mechanical, and passive components. Founded in 1985, PSC now has five locations serving North America. Although we have the resources to serve the largest O.E.M.s and C.E.M.s in the world, we are small enough to provide individual service tailored to each of our customers' unique business requirements. All orders received before 4:00 p.m. Pacific time are shipped the same day. Custom cable assembly, kitting, and bar code labeling are just some of the value added services offered to our customers. For more information about how our professional service commitment can help your business please visit http://www.pscelex.com