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AVX Earns Three 2015 TTI Supplier Excellence Awards

FOUNTAIN INN, S.C., April 25, 2016 (GLOBE NEWSWIRE) -- AVX Corporation, a leading manufacturer of passive components and interconnect solutions, has earned TTI Supplier Excellence Awards in each of the company's three regions — Europe, Asia, and the Americas — for the second consecutive year. Bestowed by TTI, Inc., an authorized, specialty distributor of interconnect, passive, and electromechanical (IP &E) components, the TTI Supplier Excellence Awards recognize AVX for having successfully fulfilled several key quality performance metrics designed to elevate supplier and distributor performance, and provide maximum customer satisfaction worldwide.

Representing the highest possible recognition of a supplier's performance with regard to quality acceptance, ship-to-commit delivery date, effective business systems, ease of doing business, and both the quality and efficacy of field employee and management relationships, the 2015 TTI Supplier Excellence Awards honor AVX for its superior execution of the following performance metrics: on-time delivery, receiving quality, customer-reported quality, administrative quality, operations and business systems, and sales and management support.

"The TTI Supplier Excellence Awards serve to celebrate all of the suppliers who successfully embraced the program and dedicated significant resources to helping TTI build stronger partnerships, improve quality performance, and provide excellent customer service," said TTI vice president of global business operations, Melanie Pizzey. "This year's awards mark AVX's second consecutive win in each of our three regions, and we commend them for their outstanding commitment to excellence and comprehensive global support of the TTI program."

"We are honored to have earned TTI Supplier Excellence Awards in Europe, Asia, and the Americas for the second year in a row, and look forward to meeting with the TTI team at EDS next month to review the 2015 results and plan for continuous improvements throughout 2016," said Pete Venuto, senior vice president of sales, AVX.

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 TTI



TTI, Inc. a Berkshire Hathaway company, is an authorized, specialty distributor of interconnect, passive and electromechanical (IP &E) components and the distributor of choice for industrial and consumer electronics manufacturers worldwide. Broader and deeper inventory, leading-edge products and custom supply chain solutions have established TTI as the leading specialist in electronic component distribution. Globally, the company maintains 1.2 million cubic feet of dedicated warehouse space containing over 850,000 component part numbers. Along with its subsidiaries, Mouser Electronics and Sager Electronics, TTI employs more than 4,700 employees and is represented in over 100 locations throughout North America (www.ttiinc.com), Europe (www.ttieurope.com) and Asia (www.ttiasia.com).

About AVX

AVX Corporation is a leading international supplier of electronic passive components and interconnect solutions with 20 manufacturing and warehouse facilities in 11 countries around the world. AVX offers a broad range of devices including capacitors, resistors, filters, timing and circuit protection devices, and connectors. The company is publicly traded on the New York Stock Exchange (NYSE:AVX).

A member of the Kyocera Group since 1990, AVX is also the only company authorized to supply Kyocera Electronic Devices to the Americas and Europe. Established in 1959 and based in Kyoto, Japan, Kyocera Electronic Devices is a leading international supplier of connectors, capacitors, ceramic resonators, surface acoustic wave (SAW) filters and duplexers, and crystal oscillators and timing devices.

A photo accompanying this release is available at:
http://www.globenewswire.com/newsroom/prs/?pkgid=39978

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