Avnet wins three awards from Micron Technology for its outstanding technology and business performance.

Taipei – June 8, 2017 – Avnet (NYSE:AVT), a leading global technology distributor, has been recognized by Micron Technology for its outstanding technology and business performance. Avnet Asia Pacific was named Most Valuable Player of 2016 and awarded Best Demand Creation, while Avnet Taiwan won Best Field Application Engineers Service of 2016.

The Avnet team received high praise at the awards ceremony held at the Westin Leofoo Palace in Taipei.

This is the second annual awards ceremony held by Micron Technology (NASDAQ:MU), which aims to recognize distributors who have helped Micron drive overall business growth and create demand.

Fu Jinxiang, President of Avnet Asia Pacific, stated, "Micron is a global leader in memory and semiconductor technology and an important supplier partner for Avnet. The award criteria are based on Micron's 2016 sales data and extensive solution capabilities. These important indicators also demonstrate that our Asia Pacific team is capable of supporting technology suppliers like Micron. We will continue to dedicate ourselves to developing high-quality end-to-end solutions to meet market trends and demands."

Lorenzo Ponzanelli, Senior Associate of Global Distribution at Micron Technology, said, "We are honored to present Avnet with two awards for 2016: 'Most Valuable Partner' and 'Best Demand Creation.' Avnet has helped us focus on creating demand and investing technical resources, effectively combining these two strengths to provide ideal design capabilities and support our customers in successfully developing solutions."

President Fu stated, "We are witnessing a significant leap forward in automation and smart connected devices, with every industry transforming accordingly, and the IoT-driven application field showing even more remarkable growth. Our team deeply understands and participates in this process, assisting customers in making good use of the functions and components of related new technologies, and incorporating these advantages into the design of application systems to meet the needs of specific markets. As we expand our IoT business in the region, we also look forward to continuing to deepen our solid partnership with Micron Technology."

Avnet is at the heart of the technology supply chain, providing design, manufacturing, supply, and delivery services to clients of all sizes worldwide. Whether a product is in the conceptual design stage or already in production, Avnet's services comprehensively cover the entire lifecycle of the technology product.

About Micron Technology, Inc. (“Micron”)

Micron Technology is a global leader in innovative memory solutions. Micron's global brands, Micron, Crucial®, Lexar®, and Ballistix®, offer a broad portfolio of high-performance memory technologies, including DRAM, NAND, NOR Flash, and 3D XPoint™ memory, all transforming how the world uses information. Backed by over 35 years of technology leadership, Micron's memory solutions support the latest computing technologies, consumer devices, enterprise storage, data centers, mobile devices, embedded systems, and automotive applications worldwide. Micron's common stock is traded on NASDAQ under the ticker symbol MU. For more information about Micron, please visit micron.com.