Press Releases
JUNE 26, 2012 — Components Direct Leads Industry With 100% Guaranteed Traceable Semiconductor Components
San Jose, CA/Components Direct, the premier factory-authorized source for excess and end-of-life semiconductor components, today announced the introduction of componentsdirect.com, an e-commerce website offering in-stock availability and guaranteeing 100% direct traceability from the original manufacturers. The company’s manufacturer-direct model and certified distribution organization offers the best protection against the risks associated with counterfeit and obsolete parts. According to research firm IHS, more than 12 million parts have been involved in global counterfeit incidents in the past five years, with obsolete or end-of-life parts accounting for over 50% of counterfeits. Counterfeit parts cost businesses and governments billions of dollars every year and pose a safety and security threat to mission-critical industries such as aerospace and defense. IHS also found that a single obsolete part can cause as much as 64 weeks of down time and over $2 million to resolve.
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JUNE 23, 2011 — Components Direct Renews ISO 9001 and ISO 14001 Certifications
San Jose, CA/Components Direct/- Cloud platform company Components Direct today renewed its ISO 9001 and 14001 certifications, reinforcing its commitment to meeting the most stringent quality standards in the industry for electronic components.
"Having originally achieved certification on 01/06/2009, Components Direct has upgraded its' ISO 9001 certification to the latest 2008 revision, continuing to be at the forefront of optimized processes and operations" said Cathal Lathrop, Senior Vice President of Operations at Components Direct. "This certification has opened the door to many new and exciting opportunities and forms an integral part of the day to day operations of the company."
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JUNE 06, 2011 — Components Direct Appoints Robert Andersen as Chief Financial Officer
San Jose, CA/Components Direct/- Cloud platform company Components Direct, today announced the appointment of Robert Andersen as executive vice president and chief financial officer, effective June 6th 2011.
"We are thrilled to have Robert join the Components Direct management team, as he will help us achieve our tremendous potential. His demonstrated track record of building a world class finance team is a big asset to Components Direct at this point in our growth" said Tom Lacey, Components Direct ‘s CEO and Chairman of the Board. "Additionally, his private and public company experience combined with his M&A experience is vital to Components Direct in a time of explosive revenue growth and customer acquisition. Robert has the determination and laser focus that Components Direct needs to continue its success."
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MAY 30, 2011 — Components Direct Appoints Tom Lacey Chairman and Chief Executive Officer
San Jose, CA/Components Direct/- Cloud platform company Components Direct today announced the appointment of Tom Lacey as Chairman of the Board of Directors and Chief Executive Officer.
"We are fortunate to have someone of Tom's caliber lead the company moving forward," said Walter Kortschak, former Chairman of the Components Direct Board of Directors. "Tom's experience and long track record of growing lines of business across many industries and geographic regions will help accelerate Components Direct's growth and fully capitalize on the diverse product opportunities created by the company's powerful cloud-based technology platform."
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