Industry-first functionality enables engineers and electronics buyers to know their total cost at time of order

CHICAGO, JANUARY 5, 2012  Leading multi-channel electronics distributor , a business of Premier Farnell (LSE:PFL), announces the release of an industry-first, automated exact tax and freight display to provide its customers with this important information at the time of order. This feature, developed in response to customer feedback, eliminates the need for electronics buyers to reconcile estimated charges on their purchase orders with the actual costs displayed on their invoices.

"While exact tax and freight is a common feature that best-in-class consumer websites offer, it is still unique in the B2B electronics distribution sector," commented Quintin Komaromy, Senior Vice President, Marketing for Newark/element14. "Our customers have told us that saving time and having access to accurate information is important to them, and we are committed to making it easier than ever to do business with us."

Exact tax and freight is available for all in-stock products, whether customers order at or by phone at 1.800.463.9275.

This feature is just one of an ongoing series of enhancements that Newark is making as it transforms to become a trusted global source for engineering solutions under the element14 brand name. Recently, the distributor launched a , the first intelligent search and knowledge tool that help engineers research, select and buy the right solutions from the earliest stages of their design process.

About Newark/element14

is a high-service distributor of technology products and solutions for electronic system design, maintenance and repair. Bringing together the latest products, services, and development software, all connected to an innovative online engineering where purchasers and engineers can access peers and experts, a wide range of independent technical information and helpful tools. Whether researching a new technology, designing an electronic product, or looking for parts to repair an existing system, Newark/element14 is the trusted source to find the answers and parts they need to keep projects on the fast track, right from the start.

is the operating business of Premier Farnell plc (LSE:pfl) in North America and Mexico.

Newark Press Contact

Janice Fleisher
jfleisher@newark.com
773.907.5941

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