Canvys Names New Vice President & General Manager for its European Division

Donaueschingen, Germany – 2011-11-16.  Canvys, a division of Richardson Electronics, Ltd., announces Matthias Trietsch (47) as the new Vice President and General Manager for Canvys Europe.  He will lead the European headquarters and production facility and be focused on growing the customer base throughout Europe and other industry sectors.

Matthias Trietsch joins Canvys from Triax Austria GmbH where he was managing director since 2008.  His previous professional experience includes 20 years of IT related experience working for several companies including LG Electronics GmbH and debis IT Services where he held various sales and marketing management positions. Matthias also spent several years working in the Asia/Pacific region where he successfully developed and implemented a new regional strategy and business headquarters.

“We have been successful developing and marketing customized display solutions for industrial and medical OEMs primarily in Germany.  Matthias brings new ideas, international experience and relationships, and a strategic framework which will drive profitable growth through process improvements as well as geographic and product line expansion”, said Wendy Diddell, Richardson Electronics’ Executive Vice President Corporate Development and General Manager for Canvys.

ABOUT CANVYS

Canvys, a Division of Richardson Electronics, Ltd. (NASDAQ: RELL) is a global value- added integrator and manufacturer that specializes in creating comprehensive visual technology solutions for healthcare and Original Equipment Manufacturers (OEMs).  Our collaborative approach allows us to evaluate each customer’s unique needs and craft the right solution using custom engineering, value-added outsourcing, or modified off-the-shelf components. In addition, we provide complete post-sale service and support, including installation support, maintenance, troubleshooting, calibration and conformance. For more information, visit us at www.canvys.co.uk or www.canvys.com

ABOUT RICHARDSON ELECTRONICS, LTD.

Richardson Electronics, Ltd. is a leading global provider of engineered solutions, power grid and microwave tubes and related consumables, and customized display solutions serving customers in the RF and microwave communications, military, marine, aviation, industrial, scientific and medical markets.  Utilizing its core engineering and manufacturing capabilities, the Company’s strategy is to provide specialized technical expertise and “engineered solutions.”  The Company provides solutions and adds value through design-in support, systems integration, prototype design and manufacturing, testing, logistics, and aftermarket technical service and repair.  More information is available online at www.rell.com.
Richardson Electronics common stock trades on the NASDAQ Global Select Market under the ticker symbol RELL.

Richardson Electronics Limited Agrees to Acquire Powerlink Specialist Electronic Support Limited

August 30, 2011 04:45 PM Eastern Time Richardson Electronics Limited Agrees to Acquire Powerlink Specialist Electronic Support Limited LAFOX, Ill.–(BUSINESS WIRE)–Richardson Electronics Limited, a subsidiary of Richardson Electronics, Ltd. (NASDAQ:RELL) today announced the signing of a definitive agreement to acquire the assets of Powerlink Specialist Electronics Support Limited (“Powerlink”).

Powerlink, a UK-based technical service company with locations in London and Dubai, services traveling wave tube (TWT) amplifiers and related equipment for the Satellite Communications market throughout Europe and the Middle East. The company generated revenues of £1.3 million during its fiscal year ended May 2011. This acquisition positions Richardson Electronics to provide cost-effective distribution, installation and service of microwave tubes to communications, industrial, military and medical users around the world. “This is the first step in our strategy to make bolt-on acquisitions that take advan
tage of our existing infrastructure and maximize our channel to market. Powerlink has a long-standing history and excellent reputation in the satellite communication industry. The acquisition of Powerlink creates the foundation for our expansion into technical service centers which allows us to expand our share of the $1 billion microwave tube market. It also allows us to provide technical assistance to our power grid tube customers that do not have the capability to service their own equipment today which will help us increase power grid tube and related electronic component sales,” said Edward J. Richardson, Chairman and CEO of Richardson Electronics, Ltd. The transaction is subject to customary closing conditions. The companies expect the transaction to close in early September.

ABOUT RICHARDSON ELECTRONICS, LTD.

Richardson Electronics, Ltd. is a leading global provider of engineered solutions, power grid and microwave tubes and related consumables, and customized display solutions serving customers in the RF and microwave communications, military, marine, aviation, industrial, scientific and medical markets. Utilizing its core engineering and manufacturing capabilities, the Company’s strategy is to provide specialized technical expertise and “engineered solutions.” The Company provides solutions and adds value through design-in support, systems integration, prototype design and manufacturing, testing, logistics, and aftermarket
technical service and repair. More information is available online at www.rell.com . Richardson Electronics common stock trades on the NASDAQ Global Select Market under the ticker symbol RELL.

Contacts

Richardson Electronics, Ltd.
Edward J. Richardson
Chairman and CEO
(630) 208-2340
info@rell.com
or
Kathleen S. Dvorak
EVP & CFO
(630) 208-2208

Richardson Electronics Agrees to Sell it’s RF, Wireless and Power Division to Arrow Electronics, Inc. for $210 Million

LaFox, IL, October 1, 2010  Richardson Electronics, Ltd. (NASDAQ: RELL) today announced the signing of a definitive agreement
to sell its RF, Wireless and Power Division (RFPD) and certain other assets to Arrow Electronics, Inc. (NYSE: ARW) for $210 million in cash.

RFPD is a leading global provider of engineered solutions and a global distributor of electronic components to the RF and wireless communications market and the industrial power conversion market. RFPD designs, manufactures and distributes discrete devices, components, and assemblies used in RF and wireless infrastructure communications networks, digital broadcasting, defense applications and power conversion. RFPD generated revenue of $356 million during fiscal year 2010

Arrow intends to operate RFPD, which will be called “Richardson RFPD” as a separate operating unit of Arrow Electronics. Richardson RFPD headquarters will remainin LaFox, Illinois. “The decision to divest the RFPD division was not an easy one; however, this transaction provides an excellent return on our investment,” said Edward J. Richardson, chairman and CEO of Richardson Electronics, Ltd.

The transaction is subject to the approval of shareholders of Richardson Electronics as well as customary closing conditions and regulatory approvals. The companies expect the transaction to close in early 2011.

ABOUT RICHARDSON ELECTRONICS, LTD.

Richardson Electronics, Ltd. is a global provider of engineered solutions and a global distributor of electronic components to the radio frequency (“RF”), wireless and power conversion, electron device, and display systems markets. Utilizing its core engineering and manufacturing capabilities, the Company’s strategy is to provide specialized technical expertise and value-add, or “engineered solutions.” The Company provides solutions and>adds value through design-in support, systems integration, prototype design and manufacturing, testing, and logistics for end products of its customers. More information is available online at www.rell.com.

Richardson Electronics common stock trades on the NASDAQ Global Market under the ticker symbol RELL

FORWARD LOOKING STATEMENTS

This release includes certain “forward-looking” statements as defined by the
Securities and Exchange Commission. Statements in this press release regarding the Company’s business which are not historical facts represent “forward-looking” statements that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those cont ined in the forward-looking statements, see Item 1A, “Risk Factors” in the Company’s 2010 Annual Report on Form 10-K. The Company assumes no responsibility to update the forward-looking statements in this release as a result of new information, future events, or otherwise