Bel Fuse Inc. Awards Digi-Key Electronics with Distributor of the Year Award
Jersey City, NJ [May 23, 2017] Bel Fuse Inc. (NASDAQ:BELFA and NASDAQ:BELFB) and leading global manufacturer of products that power, protect and connect electronic circuits, awards Digi-Key Electronics with the Distributor of the Year award, last week at EDS. The criteria of this awards is based on overall sales, sales growth, marketing support and customer service.
We are pleased to recognize Digi-Key as the Bel Fuse Inc. Distributor of the Year for 2016. As our largest channel partner, Digi-Key has been instrumental in growing our customer base across our Power, Protection & Connection groups. Digi-Key’s focus on marketing, technical expertise and providing best in class customer service make them an ideal partner for Bel as we continue to expand our products and capabilities. "On behalf of all Bel employees around the globe, I offer my appreciation for Digi-Key’s continuous support and congratulations on a great sales year", said Dan Bernstein, CEO of Bel Fuse Inc.
"We are honored to be given this significant award from Bel Fuse Inc. as validation of the strong working relationship that exists between both companies," said Tom Busher, VP, Global IP&E at Digi-Key. "Partnering with a supplier that has been focused on providing reliable power, protection & connection products have helped us deliver valuable solutions to our customers. We look forward to continuing to execute strategies to best service our mutual global customers."
About Bel
Bel (www.belfuse.com) designs, manufactures and markets a broad array of products that power, protect and connect electronic circuits. These products are primarily used in the networking, telecommunications, computing, military and aerospace, transportation and broadcasting industries. Bel’s product groups include Magnetic Solutions (integrated connector modules, power transformers, power inductors and discrete components), Power Solutions and Protection (front-end, board-mount and industrial power products, module products and circuit protection) and Connectivity Solutions (expanded beam fiber optic, copperbased, RF and RJ connectors and cable assemblies). The Company operates facilities around the world.
Forward Looking Statements
Except for historical information contained in this press release, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties. Among the factors that could cause actual results to differ materially from such statements are: the market concerns facing our customers; the continuing viability of sectors that rely on our products; the effects of business and economic conditions; difficulties associated with integrating recently acquired companies; capacity and supply constraints or difficulties; product development, commercializing or technological difficulties; the regulatory and trade environment; risks associated with foreign currencies; uncertainties associated with legal proceedings; the market’s acceptance of the Company’s new products and competitive responses to those new products; and the risk factors detailed from time to time in the Company’s SEC reports. In light of the risks and uncertainties, there can be no assurance that any forward-looking statement will in fact prove to be correct. We undertake no obligation to update or revise any forward looking statement.
Media Contact:
Mary Benetti-Condon