AVX Receives a Perfect Order Index Award from Arrow Electronics

FOUNTAIN INN, S.C., June 25, 2015 (GLOBE NEWSWIRE) -- AVX Corporation, a leading manufacturer of passive components and interconnect solutions, has received a silver-level 2014 Perfect Order Index (POI) Award in the Passive Electromechanical Components Supplier category from Arrow Electronics, a global provider of products, services, and solutions to industrial and commercial users of electronic components and enterprise computing solutions. Launched in 2012, the Perfect Order Index Awards recognize Arrow suppliers that achieve best-in-class performance by delivering perfect orders, as measured by the same eight metrics to which Arrow holds itself accountable with regard to on-time delivery and end-to-end customer quality, including: the right product, the right quality, and delivery at the right place and the right time.

"Arrow congratulates all of the 2014 Perfect Order Index winners for their dedication to continuous improvement and commitment to guiding innovation forward," said Dan Elario, global director of quality at Arrow. "Our best-in-class program is outcome-driven because we strive to deliver world-class performance to all Arrow customers."

"We are extremely proud to have been recognized for our unwavering commitment to delivering innovative, quality products and apex customer service by as valued a supply chain partner as Arrow Electronics," said Pete Venuto, vice president of sales, AVX. "We are always striving to be and to provide the very best, and we couldn't do that without the hard work and dedication of the various people that comprise both companies."

Pete Venuto, vice president of sales, AVX accepted the 2014 Perfect Order Index Award for silver-level performance in the Passive Electromechanical Components Supplier category from Vince Pastor, director, PEMCO SSG Passives, Arrow Electronics on May 13, 2015 at this year's Electronic Distribution Show (EDS) in Las Vegas.

For more information about AVX, please visit www.avx.com, call 864-967-2150, or write to One AVX Boulevard, Fountain Inn, S.C. 29644.

About AVX

AVX Corporation is a leading international supplier of electronic passive components and interconnect solutions with 21 manufacturing and warehouse facilities in 12 countries around the world. AVX offers a broad range of devices including capacitors, resistors, filters, couplers, timing and circuit protection devices and connectors. The company is publicly traded on the New York Stock Exchange (NYSE:AVX). ###

CONTACT: Nick Kovalsky Product Promotions Manager, AVX 864-228-8869 nicholas.kovalsky@avx.com Christine Stieglitz PR Executive, BtB Marketing 919-872-8172 christine.stieglitz@btbmarketing.comSource:AVX Corporation