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SCOTTSDALE, Ariz. -- Nov 19, 2008 -- With industry analyst firm IDC predicting that worldwide Software as a Service (SaaS) revenues will reach $17B by 20121, Avnet Technology Solutions, an operating group of Avnet, Inc. (NYSE: AVT), today announced a new offering to help its value-added reseller partners in the Americas target this market. With Avnet?s OneTech Hosted SharePoint services, Avnet partners can provide their customers with a highly secure, central location where employees can efficiently collaborate with team members, find organizational resources, manage content and workflow, and gain the business insight needed to make better-informed decisions. The new service is designed to help partners expand their managed service portfolios and gain incremental revenue.

?Now is the time for our customers to take advantage of the fastest growing segment in managed services, which is hosted application management,? said Tony Vottima, vice president, Avnet Technology Solutions, Americas, Solutions Marketing and Development group. ?As cloud computing continues to become more mainstream, there will be an increasing demand for partners to manage their customers? IT infrastructure in new and different ways. Avnet?s OneTech Hosted SharePoint services are a perfect way for partners to introduce customers to the software as a service model, without the significant upfront costs of developing these types of services in-house.?

Avnet?s OneTech Hosted SharePoint enables partners to provide their customers with a way to create, manage and build collaborative web-sites and make them available throughout the organization, securely over a Web infrastructure. The services are offered on a pay-per-use model with a predictable monthly cost based on customers? project needs and the ability to scale as their organization grows.

?We?ve had great interest in Avnet?s OneTech Hosted Exchange services and are excited about Avnet?s expanded managed services offerings,? said Bill Calderwood, president, The Root Group. ?We know we can rely on Avnet to provide the support and services we need to continually grow our managed service offerings. Avnet takes care of the heavy lifting in developing and maintaining these offerings, so we can focus on forging stronger relationships with our customers to meet their evolving business needs, while at the same time growing our company.?

?Our customers turn to us to give them guidance on how they can better utilize their IT resources,? said Charles Moore, vice president and SharePoint practice manager for Pinnacle. ?Leveraging Avnet?s extensive experience and expertise in managed services, we?re able to stay on the cutting edge of technology offerings for our customers. Avnet understands what partners are looking for to get started in the hosted application management market and created Avnet Hosted SharePoint to be easy to sell, easy to implement and worry-free for us, as well as our customers.?

Announced at Avnet?s annual conference for HP partners, Avnet?s OneTech Hosted SharePoint Services are available through OneTech Managed Services offerings. Avnet?s OneTech Managed Services also include fully managed services, partially managed services, database administration, application support, remote monitoring and management services, infrastructure hosting and messaging services. Additional information regarding Avnet's OneTech offerings is online at http://www.ats.avnet.com/onetech.

About Avnet Technology Solutions

Avnet Technology Solutions is an operating group of Phoenix-based Avnet, Inc. As a global technology sales and marketing organization, Avnet Technology Solutions has sales divisions focused on specific customer segments and a select line card strategy enabling an exceptional level of attention to the needs of its customers and suppliers. For fiscal year 2008, the group served customers in more than 30 countries and generated US $7.6 billion in annual revenue. The group?s Web site is www.ats.avnet.com.

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