Jaco Electronics, Inc. (Nasdaq: JACO), a global distributor and integrator of electronic components and customized flat panel display solutions (FPD), and provider of value-added logistics services, today announced a new electronic components distribution agreement with Precision Devices (PDI) to distribute various products, including PDI's extensive portfolio of crystals and oscillators.
"Partnering with a premier electronic supplier like Jaco is a great opportunity for Precision Devices," stated Peter Sedlak, Regional Manager of PDI. "Together, PDI and Jaco bring together industry-leading expertise and unparalleled customer service. Jaco will be able to capitalize upon PDI's unique position in the market, supplying some of the highest-end crystals, crystal filters and tight tolerance, low phase noise oscillators for both commercial and military markets. We are also an extremely competitive supplier of low-cost, high volume commercial grade crystals and oscillators from our JV plant in Nanjing, China."
Jaco Chairman and Chief Executive Officer Joel Girsky, commented, "Precision Devices is a trusted leader in the military/aerospace market and we look forward to working with PDI to distribute their lines of crystal and oscillator products. Expanding our product offering while maintaining the highest level of customer service continues to be Jaco's top priority. This partnership will allow us to continue making progress on both of those fronts."
About Precision Devices, Inc.
PDI (PDI) (www.pdixtal.com) is a global leader in the crystal and oscillator industries, possessing a wide variety of products for all design requirements. Through Hole, Surface Mount, and Ceramic packages, PDI is able to meet all individual specifications. The Company is headquartered in Middleton, Wisconsin.
About Jaco Electronics
Jaco is a leading distributor of electronic components to industrial OEMs and contract manufacturers. Jaco distributes products such as semiconductors, capacitors, resistors, electromechanical devices, flat panel displays (FPD) and power supplies, which are used in the manufacture and assembly of electronic products, including: telecommunications equipment, computers and office equipment, medical devices and instrumentation, industrial equipment and controls, military/aerospace systems and automotive and consumer electronics. Jaco has two distribution centers, a warehouse in Singapore, and 15 strategically located sales offices throughout the United States. The Company operates an in-house FPD integration center housing its engineering and manufacturing staff and operations. The integration center enhances Jaco's ability to provide customers with unique value-added display solutions and a "one-stop" source for their FPD supply and integration requirements. In addition to customized FPD solutions, Jaco provides a variety of value-added services including automated inventory management services and assembling stock items for customers into pre-packaged kits.