TTI wins Molex's 2015 Global Distributor of the Year Award

(Singapore – April 11, 2016) Molex Corporation announced that TTI was awarded the 2015 Global Distributor of the Year Award. The award recognizes an outstanding global channel partner each year, and the winners need to demonstrate growth in global sales and performance in global financial, operational and executive management to drive Molex technology solutions. TTI's growth rate in 2015 exceeded 16% compared to the overall channel level, and Molex's inventory accounted for more than 10%.

Fred Bell, vice president of global marketing for Molex, said: "TTI has demonstrated a strong commitment to growing Molex's business. In 2015, TTI increased Molex's customer base by more than 3% and 100% introduced Molex's total New products. In 2016, we plan to increase professional training to further improve Molex's business. We are very proud to recognize TTI's outstanding contribution to our distribution network."

Winners of the Molex Annual Global Dealer Awards are evaluated and selected based on multiple categories of criteria, including annual year-on-year sales growth, inventory management, new product support, training support, and accessibility to the management team. TTI is a global leader in passive, connector, electromechanical and discrete components, with far more performance than its peers and expanding its market share for Molex worldwide.

Lew LaFornara, Vice President of Marketing and Product Management at TTI, said: “TTI is very grateful for the global partnership with Molex and the recognition it brings. We are very proud of our achievements in 2015. And we will work harder in our work in 2016. We are also honored to be recognized for providing first-class Molex solutions to our global customers."

About Molex

Molex's innovative technology provides electronic solutions to customers around the world. Establishing operations in more than 40 countries around the world, providing a full range of solutions and services for multiple areas, including data communications, consumer electronics, industrial, automotive, commercial vehicles and healthcare.