1-Source Responds to VisionTech Counterfeit Electronic Component Scandal

PORT JEFFERSON STATION, NY -- (Marketwire) -- 10/28/10 -- In response to recent accusations leveled against officers and employees of VisionTech and other related companies, Bruce R. MacArthur, COO of 1-Source Electronic Components, Inc., an electronic component distributor for the electronic manufacturing industry announced: "In view of the recent accusations of counterfeiting by one of our competitors, and the potential negative impact of this scandal on our industry, we feel it is important to inform the public about the tremendous efforts our company makes to ensure quality and avoid counterfeit parts, and how this has prevented us from being involved in any counterfeit sales."

In light of the recent VisionTech counterfeit component scandal, 1-Source has audited all of their transaction history since their company's inception. After reviewing all transactions for the suppliers suspected of fraud: VisionTech Components, Infuture Electronics, Infuture, Inc., and Carz, Inc., 1-Source found they did not have any product that was intended for military use or any other critical application through VisionTech or their supply chain.

1-Source knows that counterfeit electronic components are a huge industry problem today, costing businesses millions of dollars annually. These bogus parts come primarily from China, where most of the legitimate components are also made. For this reason, one of the initiatives 1-Source has taken to ensure high-quality product and avoid the problem of counterfeit components, is to acquire the electronic component inspection and testing company, ChipChecker, Ltd, located in Shenzhen, China, in 2008.

ChipChecker's L-15 inspection service incorporates a comprehensive set of tests that reveal counterfeits and quality issues, before consumers actually buy electronic components. They also do on-site inspection of the vendors and maintain records of them. Using the ChipChecker service, 1-Source and other legitimate distributors have avoided losing millions of dollars due to counterfeit and bad components.

For more information, please see 1-Source's quality assurance documentation at www.1sourcecomponents.com/quality. Read more on this topic at: http://www.1sourcecomponents.com/whatsnew/2010-10-27-response-to-visiontech-counterfeit-electronic-component-scandal.htm.

About 1-Source Electronic Components:

With over $1 billion of available inventory, 1-Source Electronic Components is the one-stop electronic component distributor and electronic component supplier for all board-level electronic, electric, and interconnect components.

About ChipChecker:

Headquartered in Shenzhen, China, ChipChecker provides a range of services to the electronics manufacturing industry, including part inspection and testing, and international logistics and distribution services.

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