MELVILLE, N.Y., April 5 /PRNewswire-FirstCall/ -- Forbes has named Arrow
Electronics, Inc. (NYSE: ARW) to its annual ranking of the world's largest
companies, the Forbes Global 2000. Arrow ranked 1017 overall, up from 1077 in
2006, and ranked within the top half of the more than 70 companies listed in
its industry category, technology hardware and equipment.
"We are honored to be recognized by Forbes on this prestigious listing and
to be ranked so highly among so many other well respected companies around the
world," said William E. Mitchell, chairman, president and chief executive
officer, Arrow Electronics. "This recognition is a testament to our industry
leadership position and our strategy to outgrow the market while generating
premium financial performance. We continue to create a competitive advantage
for our customers and suppliers alike through our global, value-added
capabilities and demand creation activities."
The Forbes Global 2000 is a comprehensive list of the world's largest, and
most powerful, public companies. Forbes uses four measures -- sales, market
value, assets and profits -- to produce a composite measure of size. The 2007
issue will be available on newsstands on April 16, and is available online now
at www.forbes.com.
About Arrow Electronics
Arrow Electronics (www.arrow.com) is a global provider of products,
services and solutions to industrial and commercial users of electronic
components and computer products. Headquartered in Melville, N.Y., Arrow
serves as a supply channel partner for more than 600 suppliers and 140,000
original equipment manufacturers, contract manufacturers and commercial
customers through a global network of 260 locations in 55 countries and
territories.
SOURCE Arrow Electronics, Inc.
CONTACT: Krista McNamara, Manager, Corporate Communications of Arrow
Electronics, Inc., +1-631-847-5454, kmcnamara@arrow.com
Web site: http://www.arrow.com
http://www.forbes.com
(ARW)