Bel Fuse Inc. Awards Mouser Electronics with Bel Connectivity President’s Award at Electronics Distribution Show (EDS)
Jersey City, NJ [May 23, 2018] Bel Fuse Inc. (NASDAQ: BELFA and NASDAQ: BELFB) and leading global manufacturer of products that power, protect and connect electronic circuits, awards announces that Mouser Electronics has been awarded the inaugural President’s Award for the 2017 calendar year, at EDS. The President’s Award is given annually based on excellence in sales growth, service, customer satisfaction and engagement.
“We are delighted to recognize Mouser Electronics as the 2017 recipient of the Bel Connectivity President’s Award”, said Pete Bittner, President of Bel Connectivity. “Mouser’s dedication to stocking and promoting all of the Bel Connectivity brands lead to record sales, growth, and expansion of our shared customer base in 2017. As an industry leader in developing interconnect solutions, Bel relies on key partners like Mouser to effectively support our growing portfolio of products through their world class marketing, technical support, and breadth of inventory. On behalf of all of Bel, I offer my thanks and congratulations to everyone at Mouser for the hard work and exceptional year of sales.”
“We would like to thank Bel for this important honor,” said Krystal Jackson, Vice President of Supplier Management for Mouser Electronics. “We are excited to be recognized by Bel, one of our valued supplier partners. Our business partnership has brought benefits to both of our companies and we look forward to future growth together.”
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, copper- based, 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.
Mary Benetti-Condon
Mary.benetticondon@belf.com