Press Releases


Source Electronics Corporation and Freescale Semiconductor partner to provide high volume programming solutions for the entire Freescale MCU portfolio

Hollis, NH... May 23, 2007, Source Electronics Corporation has partnered with Freescale Semiconductor, the manufacturer of 8 to 32-bit microcontollers, to provide flash programming turnkey services to both consumer and industrial markets.

"We are committed to meeting the production needs of customers and contributing to their success." states Rick Staszewski, vice president of sales at Source Electronics Corporation. "We have been providing these services for over a decade and have assisted many of our customers with their individualized programming needs.

To read more about this partnership, see.Freescale Press Release or in PDF format.

If you would like to learn more about Freescale Semiconductor's line of microcontrollers visit their web site at www.Freescale.com


Source Electronics Corporation and Microchip Technology develop Integrated High Volume Programming Solutions

Hollis, NH... April 11, 2005, Source Electronics Corporation and Microchip Technology develop Integrated High Volume Programming Solutions for the New Microchip PIC10F Family of Microcontrollers (see PDF)


Source Electronics Corporation Adds Asian Division

Hollis, NH... March 24, 2003, Source Electronics Corporation announces the addition of Source Programming Services Pte. Ltd. located at 46 Penjuru Lane, Singapore. Bill Wentworth, President and CEO, states, "This facility brings us closer to our goal to become the leading value-added service provider globally." "Many of our customers have moved their production facilities into Asia and it only makes sense for us to join them. This creates the opportunity to expand into a new market", states, Doug Adams, Director of Operations.


Source Electronics Corporation Appoints Director of Sales

Hollis, NH... March 3, 2003, Source Electronics Corporation, a value-added service provider for programmable logic devices, announces the appointment of Richard Staszewski as Director of Sales. In this capacity, Mr. Staszewski will provide strategic leadership to the expanding sales force while encompassing the current needs within the electronics marketplace.

Mr. Staszewski brings extensive experience with programmable semiconductors, most recently from Memec LLC as the Regional Manager for New England. Prior to Memec, he held the position of area manager for Motorola SPS. Stasewski brings 22 years of industry service in both OEM and Distribution sales.

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Source Electronics is pleased to announce the latest enhancement to its Internet Order Status - Shipment Notification Request

Hollis, NH... February 28,2003, Source Electronics is pleased to announce the latest enhancement to its Internet Order Status - Shipment Notification Request

By accessing our Customer Support Center at www.sourcee.com, you'll be able to request shipment notification of your orders in our system. You will receive an email with the Purchase Order Number, Program Number, Work Order Number, Carrier and Carrier's Tracking Number.

Doug Adams, Director of Operations, comments; "Being a service related company, you always have to look for new ways to enhance your services to benefit your customers. We are confident this addition will help them get the information when they need it."

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Source Electronics Corporation Moves Fremont Operations to Larger Facility

Hollis, NH... February 24,2003, Source Electronics Corporation announces the relocation of its Fremont operations to a larger facility at 47470 Seabridge Drive, Fremont, CA 94538, doubling its square footage to support business growth. This move enables Source to build upon its' current infastructure to support customers needs by adding additional equipment and personnel. Starting Monday, March 3 2003, all business will be conducted from the new facility.

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Source Electronics Corporation Appoints Operations Manager at Hollis, NH Facility

Hollis, NH... April 5, 2002, Source Electronics is pleased to announce the appointment of Richard LaBombard as Operations Manager for the Hollis manufacturing facility. In this capacity, Mr. LaBombard will oversee and expand upon established operating efficiencies. Areas of responsibilities include production, technical support, purchasing and inventory.

Mr. LaBombard has held the position of Materials Manager for the Hollis facility for the last two years. Prior to his employment with Source, Mr. LaBombard held the position of Materials Manager for Optelec in Westford, MA and has 17 years of electrical/mechanical procurement experience.

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Source Electronics Corporation Brings Value-added Services to Brazil

Hollis, NH... March 29,2002, Source Electronics Corporation will now be offering their value-added services for integrated circuits from a new operation in Sao Paulo, Brazil, South America. These services include IC Programming, IC Testing, Lead Scanning and Taping and Reeling of components. This is the first of several facilities located outside of North America as a part of the global expansion plans for the Company. Other areas under consideration are Asia, Europe and the Pacific Rim.

Gary Wallesen, Director of Strategic Planning for Source Electronics states, "Our strategy is to expand our global footprint allowing us to offer our customers local support and the most efficient positioning in their logistics supply chain. Our customer base is attracted to the region for its cost-competitive manufacturing environment, well-developed supply chain, and its importance as an end market. Source intends to be the choice for IC value-added services in the region."

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Source Electronics Corporation Acquires All Interest in Memec's Programming Center Located in Reno, Nevada

Hollis, NH... November 5, 2001, Source Electronics Corporation, announces a new relationship with Memec, a leading global distributor of semiconductors. This acquisition allows Source to expand its market penetration for its services, and Memec to concentrate on its core competency of demand creation. Source will provide programming, engineering failure analysis, taping and reeling, lead scanning and component marking for the Memec Americas group companies, Insight Electronics, Unique Technologies and Impact Technologies.

"Our ultimate goal is to position Source as the Global leader in value added services," states Bill Wentworth, President and CEO. "Memec's focused line card and expertise in demand creation matches our technical expertise and focus for value added services perfectly. There are clear benefits for customers and suppliers of both parties."

About Memec

The Memec Group encompasses three specialist semiconductor distribution companies, Insight Electronics, Unique Technologies and Impact Technologies as well as, Memec United, Memec Design Services and Memec Operations. For more information about Memec, visit their web site at www.memec.com

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Source Electronics Announces Appointments

Hollis, NH... October 12, 2001 Source Electronics Corporation a value-added service provider for programmable logic devices has made the following appointments within their organization; Michael Doherty as the Director of Global Business Development.

Mr. Doherty will focus on new business to enhance the current customer base and support new business strategies as defined by the management team.

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Source Electronics, Poised for Growth, Partners with H.I.G. CAPITAL

Hollis, NH Source Electronics Corporation, the largest independent semiconductor programmer in North America announced it has partnered with HIG Capital, a prominent private equity firm located in Miami, Florida. Source currently operates facilities in Hollis, NH, Fremont, CA and Guadalajara, Mexico. The partnership provides Source with the necessary capital and other resources to expand into new markets and offer its customers more comprehensive "back end" semiconductor services.

In announcing the transaction, CEO and Chairman William Wentworth said, "We are extremely excited about our partnership with HIG. With HIG’s added resources, Source will continue serving its customers with the highest regard for service, while expanding our capabilities and geographic reach."

H.I.G. is a leading private equity firm located in Miami, Florida managing more than one billion dollars of equity capital. Since its inception, it has invested in more than 40 businesses with aggregate sales in excess of $3.5 billion. H.I.G. is firmly committed to supporting Source’s management team with the financial and operational resources needed to achieve the company’s strategic objectives.

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Source Electronics Corporation's CEO Participates in e-cares Initiative

Hollis, NH - Bill Wentworth, CEO, Source Electronics Corporation, along with 17 other New Hampshire High-Tech Entrepreneurs collaborate for the e-cares venture philanthropy initiative. On December 6, 2000, the founding members, New Hampshire Charitable Foundation and Governor Shaheen attended the program launch reception at ManagedOps, another founder's facility in Bedford, NH.

The founding members hope to create a giving community for New Hampshire's non-profit organizations. Besides monetary donations, the founders will be offering training and supplies to selected non-profit organizations. With the many options available for participation, the founders are hoping to attract the smaller startups and help them plan for their charitable donations to New Hampshire's communities.

To find out more about the e-cares initiative, visit their web site at www.e-cares.org

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 SOURCE ELECTRONICS CORPORATION
26 Clinton Drive, Hollis, NH 03049
Tel: 603-595-2906 | Fax: 603-595-0068 | 1-800-227-2909

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