Digi-Key Corporation and MEMSIC Announce Global Distribution Agreement Business Wire THIEF RIVER FALLS, Minn. -- March 7, 2013 Global electronic components distributor Digi-Key Corporation, the industry leader in electronic component selection, availability, and delivery, today announced the signing of a global distribution agreement with MEMSIC, a leading provider of MEMS sensor components, sophisticated inertial systems, and leading-edge wireless sensor networks. “As technology tries to fit more and more functionality into smaller and smaller spaces, MEMS has grown exponentially in utilization,” said Mark Zack, Digi-Key Vice President, Global Semiconductor Product. “By integrating IC and MEMS functionality, MEMSIC offers our customers a unique product to fill a growing need in their designs. We are pleased to partner with MEMSIC.” MEMSIC designs and manufactures integrated micro-electromechanical sensors (MEMS) using a standard integrated circuit (IC) manufacturing process. The company combines proprietary thermal-based MEMS technology and advanced analog mixed-signal processing circuitry into a single chip. This allows MEMSIC to produce high-performance accelerometers and other MEMS devices at substantially lower cost than most traditional processes. "Digi-Key is recognized by design engineers worldwide for its excellent service, and for its access to readily available components they can count on for new designs,” noted John Newton, MEMSIC Vice President of Marketing. “We are excited to be partnering with Digi-Key, and believe this agreement will significantly expand MEMSIC's global reach to design engineers looking for the latest in sensor technology." MEMSIC’s full line of MEMS products is available for purchase on Digi-Key’s global websites. About MEMSIC Inc. MEMSIC Inc. (Nasdaq: MEMS), headquartered in Andover, Massachusetts, is a leading provider of MEMS sensor components, sophisticated inertial systems and leading-edge wireless sensor networks for diverse real world applications ranging from automotive, consumer, industrial and aerospace. Their proprietary approach combines leading edge technologies with mixed signal processing circuitry to provide an industry-leading level of application support. About Digi-Key Corporation Digi-Key Corporation, based in Thief River Falls, Minn., is a global, full-service provider of both prototype/design and production quantities of electronic components, offering more than two million products from over 650 quality name-brand manufacturers at www.digikey.com. With over 800,000 products in stock, an impressive selection of online resources, and the logistical advantage of more than 800,000 square feet of expandable distribution space, Digi-Key continues to move forward, affirming its commitment to stocking the broadest range of electronic components in the industry and providing the best service possible to its customers. Digi-Key’s totally integrated, Internet-engaged business model, coupled with its industry-leading breadth of components available for immediate shipment anywhere in the world from a single location, clearly differentiates Digi-Key from all other distributors. Digi-Key offers customers a unique approach to a high-mix, low volume production business strategy by transferring much inventory risk and carrying costs from the customer to Digi-Key. From Prototype to Production^®, Digi-Key has the components and resources necessary to grow your business to the next level. Digi-Key’s online offerings and resources include: PTM^® product training modules; TechZone^SM technology zones; Another Geek Moment videos; Digi-Key toolbar; PurchasingPro^SM for electronics buyers; TechXchange^SM; a Mobile and Social Center; the Scheme-it online schematic design tool; a Reference Design Library; and the Dynamic Catalog. Additional information and access to Digi-Key’s broad product offering is available at www.digikey.com. Photos/Multimedia Gallery Available: http://www.businesswire.com/multimedia/home/20130307005993/en/ Multimedia Available:http://www.businesswire.com/cgi-bin/mmg.cgi?eid=50586189&lang=en Contact: Editorial Contact for Digi-Key Corporation Josh Olson, 1-800-344-4539 x2989 firstname.lastname@example.org email@example.com
Digi-Key Corporation and MEMSIC Announce Global Distribution Agreement
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