CUI Global, Inc. (NASDAQ: CUI), a platform company dedicated to the acquisition, development, and commercialization of new, innovative products and technologies, today announced that its wholly-owned subsidiary, CUI Inc, has entered into a global distribution agreement and partnership with Mouser Electronics, Inc, the global authorized distributor with the newest semiconductors and electronic components.
The CUI product line, now available from Mouser Electronics, is comprised of two major product groups: Power and Components. Offering highly efficient power supply solutions from the wall to the point of load, CUI's power products include their Novum® Advanced Power line, AC/DC power supplies, and DC/DC converters. The Novum Advanced Power segment is comprised of intermediate bus and digital point of load converters, while their AC/DC line includes external, internal, DIN-rail and LED driver solutions ranging from 1 W to 800 W. Their general purpose DC/DC converter line includes isolated, non-isolated, LED and IGBT drivers ranging from 1 W to 600 W. To complement their power product line, CUI will also offer through Mouser Electronics a portfolio of world-class board-level components consisting of buzzers, connectors, encoders, microphones, speakers and thermal management solutions.
"Mouser's corporate culture, core strengths and way of doing business aligns very well with CUI," said Matt McKenzie, President of CUI. "Having this nucleus between the two companies, while leveraging Mouser's expertise in technology, product introduction, e-commerce and distribution, will only help us achieve our goal in growing our global market reach even faster."
In keeping with Mouser's commitment to its customers, CUI continually invests in programs and technologies that save engineers valuable time during the design and development process.
"CUI's world-class line of power supplies and board-level components are a great complement to our existing product portfolio for our customers," said Barry McConnell, Mouser's Senior Vice President, Products. "Their continuous strive toward innovation and helping to conquer design challenges with their leading-edge solutions is sure to benefit our engineering communities worldwide."
As explained by CUI Global's president & CEO, William Clough, "The creation of this new distribution relationship by Matt and the CUI Team once again illustrates the value of our electronics portfolio and management's commitment to expand our market share and enhance shareholder value by partnering with industry icons like Mouser."
To learn more about CUI, visit www.mouser.com/cui-inc.
About Mouser Electronics
Mouser Electronics, a subsidiary of TTI, Inc., is part of Warren Buffett's Berkshire Hathaway family of companies. Mouser is an award-winning, authorized semiconductor and electronic component distributor, focused on the rapid introduction of new products and technologies to electronic design engineers and buyers. Mouser.com features more than 4 million products online from more than 500 manufacturers. Mouser publishes multiple catalogs per year providing designers with up-to-date data on the components now available for the next generation of electronic devices. Mouser ships globally to over 400,000 customers in 170 countries from its 492,000 sq. ft. state-of-the-art facility south of Dallas, Texas. For more information, visit http://www.mouser.com.
About CUI Global, Inc.
Delivering Innovative Technologies for an Interconnected World . . . . .
CUI Global, Inc. is a publicly traded company dedicated to maximizing shareholder value through the acquisition and development of innovative companies, products and technologies. From Orbital Gas Systems' advanced GasPT2 platform targeting the energy sector, to CUI Inc's digital power platform serving the networking and telecom space, CUI Global and its subsidiaries have built a diversified portfolio of industry leading technologies that touch many markets. As a publicly traded company, shareholders are able to participate in the opportunities, revenues, and profits generated by the products, technologies, and market channels of CUI Global and its subsidiaries. But most importantly, a commitment to conduct business with a high level of integrity, respect, and philanthropic dedication allows the organization to make a difference in the lives of their customers, employees, investors and global community.
For more information please visit www.cuiglobal.com
About CUI Inc
CUI Inc is a technology company dedicated to the development, commercialization, and distribution of new, innovative electro-mechanical products. Over the past 20 years, CUI has become a recognized name in electronic components worldwide in the areas of power, interconnect, motion control, and sound. CUI's solid customer commitment and honest corporate message are a hallmark in the industry. CUI is a wholly owned subsidiary of CUI Global, Inc.
For more information, please visit www.cui.com.
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