TTI Italy wins Molex Distributor of the Year Award for excellent business growth and strong teamwork

Commitment to partnership at global and local level achieves results in challenging year

Maisach, (PresseBox) - TTI, Inc., the world's leading specialist distributor of passive, connector, electromechanical and discrete components, has won the accolade of Italian Distributor of the Year 2013 from global electronic components manufacturer, Molex. The award was evaluated on eight different criteria, including overall growth in business, book to bill ratios, customer retention and new and existing sales volumes throughout Molex's fiscal year to June 30.

Presenting the award to TTI at its Annual Distributor Meeting, Molex's Paolo De Andreis, Distribution Account Manager Italy stated: "It has undoubtedly been a difficult and challenging year from many perspectives given the general economic situation in Italy, particularly during the first six months. I am delighted to recognize the consistent effort of TTI's sales team throughout this entire period, which resulted in TTI achieving top results. I am confident this award will be an incentive for both our companies to continue to cooperate closely on fresh challenges to our mutual benefit. Thanks and congratulations to TTI Italy's entire team. "


Stefano Piccolo, TTI General Manager, Italy comments: "Molex is a strategic supplier for us globally, so we are especially proud to receive this prestigious award. Our strong partnership with Molex is reflected both at a corporate level with significant and ongoing investment in stock, partner marketing campaigns and NPI initiatives, and at a local level in TTI's sales offices across Europe. This translates into teamwork between our respective sales forces directed at serving existing customers and generating business opportunities by winning new projects and new customers. This award is the direct result of a joint effort and I would like to take this opportunity thank the sales teams from both TTI Italy and Molex."

TTI Inc.

TTI, Inc., a Berkshire Hathaway company, is the world's leading specialist distributor of passive, connector, electromechanical and discrete components. TTI's philosophy is "Lead by Design", and the company differentiates itself by focusing on people, parts and process. TTI in Europe strives to be the distributor of choice for customers and suppliers alike by introducing new product technologies and by stocking broad and deep inventory across its franchise base. TTI's sophisticated inventory management system ensures the ability to service changes in demand due to fluctuating markets and supply chains. For more information about TTI, please visit www.ttieurope.com.

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