VENCO ELECTRONICA, S.A. - AgileSwitch’s new distributor in Spain and Portugal

PRLog (Press Release) - Nov. 28, 2012 - Philadelphia PA – November 21, 2012 – AgileSwitch LLC announced today that VENCO ELECTRONICA, S.A. has been appointed as a new distributor in Spain and Portugal. VENCO ELECTRONICA, S.A. is the second distributor AgileSwitch had appointed in Europe. AgileSwitch had reached a partnership agreement with VENCO ELECTRONICA, S.A. within one week after establishing distributor relationship with Stolz Electronics AG in Switzerland.

This partnership is AgileSwitch’s effort to venture into the Europe IGBT market. Based on the statistics from WSTS, World Semiconductors Trade Statistics, Europe’s semiconductor market is experiencing a growth of 4.2% in 2012 with annual sales of nearly 42 billion dollars. And IGBT sales are the main forces that drive the growth of semiconductor market.

AgileSwitch had analyzed the Europe market and have geared its development efforts towards the market demand. AgileSwitch is now working to develop 3300V HPM IGBT driver for the Europe IGBT market.

About Venco Electronica S.A.

Venco Electronica S.A. has been distributing electronic components to Spanish OEMs since 1983. It also provides technical and logistic support to companies developing new applications designs. Furthermore, as a franchised distributor, Venco manages stock and provides personalized support services to customers. Their product portfolio includes microcontrollers, semiconductors, power & discrete devices, displays & optoelectronic products, displays and systems products, power supplies and M2M wireless communications products.

For more information visit http://www.vencoel.com

About AgileSwitch

AgileSwitch develops transformative technology that improves the performance and efficiency of drivers for IGBT modules. IGBTs are used in a variety of power converters including solar/PV inverters, wind turbine, motor drives, uninterruptable power supplies, industrial machines, hybrid electric vehicles and power distribution. Power converters have been incrementally improved over recent decades and have reached the point where a large effort is needed to achieve a small gain in performance or efficiency. AgileSwitch’s technologies can significantly cut power loss in some applications and provide substantial performance benefits in powering most electronic equipment. Its IGBT drivers were design from ground up to be compatible with industry standard IGBTs, it now produces drivers for EconoDUAL, PrimePACK and HPM IGBT modules.

For more information please visit http://www.agileswitch.com or call us at 484-483-3256.