Bel Receives Supplier Excellence Award from Huawei-3Com
March 2, 2007
JERSEY CITY, NJ -- March 2, 2007 -- BEL FUSE INC., (NASDAQ:BELFB) & (NASDAQ:BELFA) announced today that it has received an Excellent Quality Supplier Award from Huawei-3Com Co., Ltd (H3C) a leading enterprise networking company based in China. The award cited Bel for its technology leadership, superior quality, on-time delivery and sales support while supplying a range of products including fuses, magnetic components, MagJack® modules and dc-dc power converter modules.
The award was presented to Bel by Mr. You Xue-Jun, vice president of Huawei-3Com R&D, director of Huawei-3Com quality management on Jan 30, 2007 in Hangzhou, PRC. Bel achieved an "A" level quality rating for past three quarters reflecting Huawei-3Com's satisfaction with Bel's technology and customer service. One of six suppliers to be so recognized, Bel was the sole supplier selected from its group of direct competitors.
"It's extremely gratifying to be recognized by H3C for both our product innovations and superior service, particularly since H3C is such a forward-thinking company that generates value for customers by supplying high quality, technologically advanced products," said Dan Bernstein, president and CEO of Bel Fuse Inc.
About Bel
Bel (www.belfuse.com) and its subsidiaries are primarily engaged in the design, manufacture and sale of products used in networking, telecommunications, high speed data transmission, and consumer electronics. Products include magnetics (discrete components, power transformers and MagJack®, modules (DC-DC converters, integrated analog front end modules and custom designs), circuit protection (miniature, micro and surface mount fuses) and interconnect devices (passive jacks, plugs and cable assemblies). Bel operates facilities around the world.
About Huawei-3Com
Huawei-3Com (H3C) is a leading global supplier of IP networking products and solutions. H3C=s offerings include routers, Ethernet switches, wireless LAN, security, Voice/Video over IP products, SOHO products and network management systems. Headquartered in Hong Kong, with principal operations in Hangzhou, China, H3C employs 4,800 people worldwide. To maintain a level of innovation and technical excellence, the Company operates advanced R&D facilities in Beijing, Hangzhou and Shenzhen in China and Bangalore in India; invests more than 15 percent of revenues back into R&D every year and has about half of the workforce engaged in research and development. Additionally, nearly 4,000 patents and licenses back its commitment to excellence.
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Bel Fuse Inc.
206 Van Vorst Street
Jersey City, NJ 07302
tel 201.432.0463
fax 201.432.9542
Investor Contact:
Neil Berkman Associates
(310) 277-5162
Company Contact:
Daniel Bernstein
President