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TTI and Panasonic Electric Works Sign North American Deal

FORT WORTH, TEXAS – March 15, 2007 – TTI, Inc., the world’s leading passive and connector specialist has signed an agreement with Panasonic Electric Works (PEWA) one of the leading innovators in the design and manufacturing of relays, switches, and sensors. This agreement provides consumers of PEWA products (formerly Aromat) in North America a proven channel solution to support the ever growing needs of this expanding market.

"TTI has a reputation of exceptional service, dependability and excellent people," said Dan Litts, GM Distribution at PEWA. “It is important for Panasonic Electric Works, as a recognized market leader, to be partnered with the leading electronic distributors, and so we are delighted to have TTI as a member of our team."

According to Lew LaFornara, VP of Supplier Marketing, "TTI is extremely pleased to receive the authorization in North America from Panasonic Electric Works. The additional products and resources that PEWA brings to TTI significantly enhance the value to our electro-mechanical customers and further validates our position as the world's leading IP&E specialist distributor. Our initial inventory is now on our shelves and we are in the position to begin servicing our customers." In addition, customers can find information regarding PEWA products on the TTI Web site at www.ttiinc.com/PanasonicElectricWorks.

About TTI, Inc.:

Headquartered in Fort Worth, Texas, TTI, Inc. is the largest distributor specialist of passive interconnect and electromechanical components. TTI is the distributor of choice for industrial and consumer electronic manufacturers worldwide. TTI’s extensive product line includes: resistors, capacitors, connectors, potentiometers, trimmers, magnetic and circuit protection components, wire and cable, wire management, identification products, application tools and electromechanical devices. Over the past 15 years, our products, personalized service and supply chain solutions earned us the most preferred passive distributor title by CMP publications. TTI employs 1,700+ with more than 50 locations throughout North America, Europe and Asia. For more information about TTI visit www.ttiinc.com.

About Panasonic Electric Works Corporation of America:

Headquartered in New Providence, New Jersey, Panasonic Electric Works (formerly Aromat), the US subsidiary of Matsushita Electric Works, Ltd., is a market leader in electromechanical and solid state relays. Products include signal, power, PhotoMOS, high frequency and automotive relays. We also market a wide range of sealed and snap-action switches, as well as motion, light and pressure sensors for safety and energy conservation, and acceleration sensors for mobile devices and automotive applications. Other products marketed by Panasonic Electric Works include surface mount connectors and other automation control devices (PLCs, HMIs, Servo/AC Drives, Sensors, Laser Markers, Temperature Controllers, Limit Switches, Timers, Counters, Hour Meters and Magnetic Contactors).

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