March 3, 2021

qiio and Avnet Enter Strategic Solution and Distribution Partnership

Avnet, a global technology solutions provider and qiio, a Swiss provider of proven leading edge cellular IoT solutions, today announced that they have entered a global strategic distribution partnership to accelerate and scale IoT deployments worldwide, and provide customers with seamless, secure and global cellular connectivity from the edge to the cloud. In addition, qiio has joined the Avnet IoTConnect™ Partner Program, a part of Avnet’s IoTConnect Solutions Suite.

Phoenix AZ, U.S.A and Zurich, Switzerland, March 3, 2021, Avnet (Nasdaq: AVT) and qiio have entered into a distribution partnership, enabling Avnet’s global customer base to access qiio’s edge devices and connectivity services. Through a single user interface in Avnet’s enterprise grade IoTConnect™ Platform customers can seamlessly and securely connect qiio devices to the platform, analyze the data and derive meaningful insights. Avnet’s proven expertise in supply chain management, combined with its market differentiating IoTConnect Platform will enable delivering connected experiences to customers using qiio devices.

qiio offers proven solutions to connect global assets quickly, securely and in a cost-effective manner. qiio has combined robust edge technology based on Microsoft’s Azure Sphere with integrated services to enable a customer to have full control of their IoT enabling enterprise to scale with cellular devices that configure themselves and are continuously improving. In addition, by using Avnet’s Azure-powered IoTConnect Platform, qiio will have the ability to seamlessly connect devices and address both the software and hardware needs of those IoT solutions.

Avnet’s Partner Program enables system integrators (SIs) and original equipment manufacturers (OEMs) to build new solutions and service models for their practice on Avnet’s IoTConnect platform. It enables developers to enhance these solutions with Avnet’s Smart Applications, access devices certified for use on the IoTConnect platform, and take advantage of easier proof-of-concept deployment.

Lou Lutostanski, Avnet’s vice president of IoT, said “Avnet is excited to partner with qiio to bring world-class global connectivity at the edge to our growing family of IoTConnect partners and customers. By combining our IoTConnect Platform with qiio’s devices and global connectivity services, our partners are able to bring secure, integrated and complete solutions to their end customers at scale.”

Felix Adamczyk, CEO of qiio:” Our strategic partnership with Avnet offers great growth potential for both parties. The depth and breadth of Avnet’s supply chain and logistics combined with their expertise in global technology solutions makes them the perfect partner to accelerate and scale IoT deployments which will bolster qiio’s offering on a global scale. We are excited about the cooperation and the many possibilities it will bring customers to intelligently and securely connect their IoT devices anywhere.”

About qiio

qiio® offers plug-and-play, edge-to-cloud cellular IoT solutions optimized for bidirectional connectivity via the cloud. We offer our customers everything they need to securely connect, monitor, and control their industrial assets. Headquartered in Zurich, Switzerland, qiio’s technology is ideal for highly secure IoT applications that require remote management, monitoring and predictive maintenance in hard-to-reach locations. We are focused on quality and security and manufacture our hardware exclusively in Switzerland and Germany.

About Avnet

As a leading global technology distributor and solutions provider, Avnet has served customers’ evolving needs for an entire century. We support customers at each stage of a product’s lifecycle, from idea to design and from prototype to production. Our unique position at the center of the technology value chain enables us to accelerate the design and supply stages of product development so customers can realize revenue faster. Decade after decade, Avnet helps its customers and suppliers around the world realize the transformative possibilities of technology. Learn more about Avnet at www.avnet.com. More information on the Avnet Partner Program can be found here.

qiio Media Contacts

Dorothy Kohl
Head of Marketing, qiio
dorothy.kohl@qiio.com
+41-79-403-0125

Avnet Media Contacts

Jeanne Forbis
Avnet
Jeanne.forbis@avnet.com
480-649-7499

Alex Jafarzadeh
Brodeur Partners, for Avnet
ajafarzadeh@brodeur.com
617-587-2846