Smith & Associates Opens Facility in Manufacturing Hub, Guadalajara.

August 11, 2000
Smith & Associates Opens Facility in Manufacturing Hub, Guadalajara.

Houston, Texas - Smith & Associates - the leading Independent Distributor of semiconductors, electronic components, and computer products - announces the opening of a new facility in Guadalajara, Mexico - one of many recent Smith expansions.

Guadalajara has become a magnet for North American-based CEMs (Contract Electronic Manufactures) due to its low-costs, skilled labor pool, and proximity to the United States. Often viewed as the "Silicon Valley of the South," Mexico was an appropriate fit for Smith's ongoing expansion efforts.

"Smith's expansions are essential to our customers," stated Lee Ackerley, Executive President and Co-Founder. "We have built a one-of-a-kind company and with expansions like the Guadalajara facility, Smith continues to meet the needs and demands of our customers across all geographic borders."

The Houston, Texas based company has trading offices in Amsterdam, Hong Kong, South Korea, and a recently opened operation Silicon Valley. Future expansion plans include additional offices in the USA, Europe and the Far East. Smith conducts business around the globe, twenty-four hours a day, in over a dozen languages.

Smith's dedication to being the leading global Independent Distributor of electronic components strengthens with each expansion.

About Smith
Founded in 1984, Smith & Associates (www.smithweb.com) is a $470 million Independent Distributor of semiconductors, electronic components, and computer products to manufacturers and resellers of high-technology and computer equipment. Smith has thousands of 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 the only global leader in "just in time" delivery with the ability to deliver large quantities of components anywhere in the world, with very short lead times. Headquartered in Houston, Smith has major trading operations in Amsterdam, Barcelona, Guadalajara, Hong Kong, Seoul, and Silicon Valley. Smith operates worldwide, twenty-four hours a day in over a dozen languages.

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

Marketing Department
t: +1 713.430.3000
f: +1 713.430.3099

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