LAFOX, Ill.--(BUSINESS WIRE)--Richardson Electronics, Ltd. (NASDAQ: RELL) announced today a new global distribution agreement with the Tecate Group, a global supplier of electronic components and assemblies. The agreement aligns with both companies’ pursuit of supplying and supporting solutions that satisfy even the most demanding applications.
The Tecate Group supplies high quality ultracapacitors, capacitors and electronic assemblies to customers worldwide from its corporate headquarters and distribution center in San Diego, CA, as well as from stocking locations in Asia and Europe.
Founded in 1947, Richardson Electronics is a global channel partner for world-class electron devices, power electronics, and RF and microwave components.
“The Tecate Group has the ability to develop custom ultracapacitor solutions, with an emphasis on quick-turn, in-house design,” said Greg Peloquin, Executive Vice President of Richardson Electronics’ Power & Microwave Technologies group. “Their proof-of-concept prototype delivery makes them an exciting partner to introduce to our worldwide customers with demanding applications.”
“Richardson Electronics’ global infrastructure and extensive, localized technical sales team means that more customers worldwide will have greater access to test and explore our ultracapacitors and other products,” stated Brendan Andrews, VP Sales & Marketing of the Tecate Group. “I am excited about our partnership with Richardson Electronics and look forward to achieving great things together.”
About Richardson Electronics, Ltd.
Richardson Electronics, Ltd. is a leading global provider of engineered solutions, power grid and microwave tubes and related consumables; power conversion and RF and microwave components; high value displays, flat panel detector solutions and replacement parts for diagnostic imaging equipment; and customized display solutions. We serve customers in the alternative energy, healthcare, aviation, broadcast, communications, industrial, marine, medical, military, scientific and semiconductor markets. The Company’s strategy is to provide specialized technical expertise and “engineered solutions” based on our core engineering and manufacturing capabilities. The Company provides solutions and adds value through design-in support, systems integration, prototype design and manufacturing, testing, logistics, and aftermarket technical service and repair through its global infrastructure. More information is available at www.rellpower.com.
Richardson Electronics common stock trades on the NASDAQ Global Select Market under the ticker symbol RELL.
About the Tecate Group
Tecate Industries was founded by Ralph Scarano, an electronics engineer and entrepreneur with more than 60 years’ experience in the capacitor industry. With the vision that capacitors could be cost-effectively manufactured in Mexico, the company selected the border town of Tecate, BC, Mexico as the location of their first manufacturing facility. In 1987 a new division, Tecate Products, was founded to meet the needs for contract manufacturing and full turn-key design for the audio and automotive industries. Within a few short years Tecate Products received QS9000 certification. A third division was added to the Tecate Group in 2004 to begin marketing ultracapacitors and design and build custom ultracapacitor modules. This unique technology used for short term power requirements lends itself very well to module design as most applications require multiple components and active or passive balancing circuitry. Tecate has pioneered the concept of off the shelf modules which allow customers to test the technology before a custom module is designed. Design engineers worldwide are exploring ways to use ultracapacitors as a green energy source instead of, or as a supplement to, batteries.