News & Events
Intersil and Nu Horizons Electronics Announce Distribution Agreement

-- Nu Horizons to distribute Intersil's portfolio of high performance analog products throughout North America

IRVINE, Calif., June 26, 2002 – Intersil Corporation (NASDAQ: ISIL), a world leader in the design and manufacture of high performance analog and wireless networking solutions, and Nu Horizons Electronics Corporation (NASDAQ: NUHC) have signed an agreement whereby Nu Horizons will distribute Intersil’s high performance analog integrated circuits (ICs) throughout North America. Nu Horizons has been a channel partner and longtime distributor for Intersil-acquired Elantec Semiconductor for the past 15 years, and this new agreement will expand the electronics distributor’s offering to include Intersil’s portfolio of high performance analog products.

“We believe that the agreement with Nu Horizons will greatly expand Intersil’s high performance analog business with customers throughout North America,” said Rich Beyer, president and CEO of Intersil. “Nu Horizons has been extremely successful in their design-focused approach to distribution and we look forward to engaging with them and adding to Intersil’s high performance analog leadership. We’re confident that their demand-creation model and strong field applications engineering (FAE) workforce will allow us to win even more customer designs as we continue to launch new high performance analog products for video applications, optical storage, power management and DSL markets.”

“We’re very excited about our new agreement with Intersil to distribute their commercial high performance analog products throughout North America. We believe that the complementary Intersil-Elantec portfolio is a perfect fit for Nu Horizons and our customers,” said Arthur Nadata, president and CEO of Nu Horizons. “Intersil’s strong high performance analog portfolio complements our own offering through our other supplier partnerships. We believe this agreement broadens Nu Horizon’s portfolio and expertise, and will help Intersil penetrate additional customer accounts within North America.”

About Nu Horizons Electronics Corporation
Nu Horizons is a leading distributor of high technology active electronics, including analog, communications, computer products, discretes, optical, logic & peripherals, memory, microcontrollers, specialty products and sub-system products to a wide variety of commercial original equipment manufacturers (OEMs) throughout North America. With sales facilities in twenty-six locations, Nu Horizons partners with a focused number of the best-in-class suppliers to provide in-depth product and engineering expertise to its customers. Information on Nu Horizons and its services is available at www.nuhorizons.com

Intersil + Elantec Means More for Our Customers
Intersil Corporation is a global semiconductor leader in the design and manufacture of high performance analog and wireless networking solutions. The acquisition of Elantec Semiconductor, Inc., expanded Intersil’s product portfolios to address four fast growing markets – flat panel displays, optical storage (CD and DVD recordable), power management and wireless networking. Intersil brings added customer value in providing complete silicon, software and reference design solutions to new products that enhance the computing experience for people wherever they live, work or travel. For more information about Intersil or to find out how to become a member of our winning team, visit the company's web site and career page at www.intersil.com