Smith & Associates Appoints New Vice President of Operations.

April 29, 2000
Smith & Associates Appoints New Vice President of Operations.

Houston, Texas - Smith & Associates, the leading Independent Distributor of electronic components, announces the appointment of Gary Morrissey to Vice President of Operations.

In his new position, Morrissey will be responsible for all logistical planning and decision-making for Smith's supply chain management and facilities worldwide. Morrissey's goal is to increase customer service by accelerating the turn around time for both inbound and outbound shipments and orders.

"Smith has always made an effort to have state of the art facilities and processes to deliver orders faster than anyone in our industry," said Bob Ackerley, President and Co-Founder of Smith & Associates. "We are constantly improving the efficiency of our logistical processes; Gary will bring more experience and expertise to this effort."

In addition to its Houston headquarters, Smith & Associates has offices in Amsterdam, Hong Kong, and Korea, and will open new offices in Mexico and Northern California later this year.

"Smith has a wonderfully progressive and entrepreneurial spirit that is conducive to new ideas," said Morrissey. "By incorporating some new, innovative processes and procedures to current operations, we hope to drastically decrease transit times for customers' shipments."

Morrissey comes to Smith from the aviation parts distribution company, AAR Distribution, where he served as Vice President of Operations. Prior to AAR, he directed daily operations at UPS. Morrissey has experience and expertise in logistics, distribution, transportation, inventory management, purchasing, supply chain management, quality assurance, and facility management.

About Smith
Founded in 1984, Smith & Associates ( is a multi-hundred million dollar independent distributor of semiconductors, electronic components, and computer products to manufacturers and resellers of high-technology and computer equipment. Smith has more than 15,000 suppliers and partners in over 60 countries, and was one of the first independent distributors to provide open-market sales and component pricing via the Internet. Named an Inc. 500, Houston 100, Texas 100 and World Trade 100 company, Smith's annual revenues of $3.43 million per employee are the highest of any Texas-based high-technology company. Smith is also a leader in "just-in-time" delivery with the ability to deliver large quantities of components anywhere in the world, with very short lead times. Smith has offices in Houston, Hong Kong, Amsterdam, Seoul, Guadalajara, and Silicon Valley.

For more information, please call 1-800-HOUSTON or 713-430-3000.

Marketing Department
Tel (713) 430.3000
Fax (713) 430.3099

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