CUI Global and Master Electronics Enter into a Global Distribution Agreement

CUI Global (NASDAQ: CUI) have signed a distribution agreement with Master Electronics to expand the availability of their products.Master Electronics will distribute and market CUI’s extensive product portfolio of power, interconnect, motion, audio and thermal management technologies to the design, OEM and contract manufacturer communities.

As quoted in the press release:

“Our new partnership with Master Electronics speaks to our technical capabilities, brand strength and the depth of our offering,” stated William Clough, president and CEO of CUI Global. “We believe that Master Electronics’ innovative and disruptive marketing strategies and seasoned sales team will serve to expand CUI Inc.’s customer base for its world-class products and solutions.”

Matt McKenzie, president of CUI Inc, said, “As a business we are committed to bringing the products and technologies to market that keep pace with our customers’ ever-changing needs. Whether based on efficiency, cost-savings or flexibility, we are continually striving to innovate so our customers will benefit. Partnering with Master Electronics allows us to continue these efforts while introducing our company’s products to many new customers.”

“Our entire team is excited to be working with a market leader,” said Riad Nizam, president of Master Electronics. “A wide range of CUI products are in stock and available off the shelf for immediate delivery.”

Click here for the full press release.