Avnet 2007 Annual Report Download - page 8

inventory return privileges upon cancellation. In addition, the Company enhances its competitive position by
offering a variety of value-added services which entail the performance of services and/or processes tailored to
individual customer specifications and business needs such as point of use replenishment, testing, assembly, supply
chain management and materials management.
A key strength of the Company is the breadth and quality of the suppliers whose products it distributes.
Because of the number of Avnet’s suppliers, many customers can make all of their required purchases with Avnet,
rather than purchasing from several different vendors.
Seasonality
Historically, Avnet’s business has not been materially impacted by seasonality, with the exception of a
relatively minor impact on consolidated results from the growth in revenues in the Technology Solutions business
during the December quarter. This may be impacted by the recently completed Access acquisition, which has a
particularly strong June quarter coinciding with its largest supplier’s fiscal year end.
Number of Employees
At June 30, 2007, Avnet had approximately 11,700 employees.
Avnet Website
In addition to the information about Avnet contained in this Report, extensive information about the Company
can be found through our website located at www.avnet.com, including information about our management team,
products and services and our corporate governance practices.
The corporate governance information on our website includes the Company’s Corporate Governance
Guidelines, the Code of Conduct and the charters for each of the committees of our Board of Directors. In
addition, amendments to the Code of Conduct, committee charters and waivers granted to our directors and
executive officers under the Code of Conduct, if any, will be posted in this area of our website. These documents can
be accessed at www.avnet.com under the “Investor Relations — Governance” caption. Printed versions of our
Corporate Governance Guidelines, our Code of Conduct and the charters of our Board committees can be obtained,
free of charge, by writing to the Company at: Avnet, Inc., 2211 South 47th Street, Phoenix, AZ 85034;
Attn: Corporate Secretary.
In addition, the Company’s Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports
on Form 8-K and amendments to those Reports, if any, filed or furnished pursuant to Section 13(a) or 15(d) of
Securities Exchange Act of 1934, as well as Section 16 filings made by any of the Company’s executive officers or
directors with respect to Avnet common stock, are available on the Company’s website (www.avnet.com under the
“Investor Relations — SEC Filings” caption) as soon as reasonably practicable after the report is electronically
filed with, or furnished to, the Securities and Exchange Commission.
These details about Avnet’s website and its content are only for information. The contents of the Company’s
website are not, nor shall they be deemed to be, incorporated by reference in this Report.
Item 1A. Risk Factors
Forward-Looking Statements And Risk Factors
This Report contains forward-looking statements with respect to the financial condition, results of operations
and business of Avnet. These statements are generally identified by words like “believes,” “expects,” “anticipates,”
“should,” “will,” “may,” “estimates” or similar expressions. Forward-looking statements are subject to numerous
assumptions, risks and uncertainties.
Avnet does not undertake any obligation to update any forward-looking statements, whether as a result of new
information, future events or otherwise.
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