MELVILLE, N.Y., April 16 /PRNewswire-FirstCall/ -- FORTUNE has named Arrow Electronics, Inc. (NYSE: ARW) number 179 on its annual ranking of America's 500 largest corporations. Arrow increased its placement on this year's list by 30 positions, up from its 2006 ranking of 209.

"Our significant revenue growth clearly demonstrates the effectiveness and momentum of our growth strategies worldwide. This growth is the result of the many contributions and dedication of our more than 12, 000 employees, who deliver value each and every day to our customers and suppliers," said William E. Mitchell, chairman, president and chief executive officer, Arrow Electronics, Inc.

The FORTUNE 500 includes U.S.-based companies filing financial statements with a government agency and ranks those companies by revenue. The list includes company profiles containing the following information: revenues, profits, assets, stockholders' equity, market value, earnings per share, total return to investors, medians and credits.

The 2007 issue will be available on newsstands on April 30, and is available online now at www.fortune.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, or kmcnamara@arrow.com
Web site: http://www.arrow.com
(ARW)