Hackster.io reaches one million members and element14 celebrates 10th anniversary, highlighting Avnet�s growing community of professional engineers, entrepreneurs and startups

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PHOENIX�-�Media OutReach�-�25 July 2019 -�Avnet (Nasdaq: AVT) today
announced that Hackster.io and element14 continue
to achieve impressive growth, and have achieved two milestones: Hackster has
surpassed one million members and element14 celebrated its 10^th
anniversary. Together Hackster and element14 comprise the world's largest
collaborative network of engineers, entrepreneurs and developers who learn by
engaging each other on ideas, new products, discussion groups and other useful
online resources.

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"While
product development can be complex, time consuming and highly competitive, the
collaboration and strong partnerships found in our communities can help anyone
navigate the path to production," said Bill Amelio, Chief Executive Officer,
Avnet. "Hackster's large and vibrant community and the proven and reliable
industry network of element14 are at the heart of our end-to-end ecosystem, and
key to our ability to truly help anyone take an idea from the back of a napkin
and turn it into a full-fledged product."

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Hackster,
Avnet's project-based community for anyone who wants to learn about building
hardware and programming, membership has grown 10-fold since 2016. "Hackster's
growth can be attributed to our two core values: information and education,"
said Adam Benzion, cofounder and CEO at Hackster.io. "With Avnet's support, we
have accelerated our outreach to more people in more places and offered better
learning tools for hardware creation. And, as interest in advanced technologies
like artificial intelligence, machine learning and blockchain continues to
grow, we're seeing the emergence of even more exciting ideas and projects in
our community."

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Celebrating
its 10^th anniversary this summer, element14 is a discussion-based
community comprised of more than 650,000 members that connects engineers across
the globe to solve each other's technical and design challenges, and is one of
the longest running networks of its kind in the electronics industry. "During
the past 10 years, we've cultivated a lasting, active and valuable community
for engineers and entrepreneurs," said Dianne Kibbey, Global Head of Community
and Social Media for element14. "Statistics show that only 1 in 10 communities
make it beyond their first three years, but element14 is still thriving today
because we're staying focused on collaborating with our members to provide the
resources and programs they need to increase their knowledge of new technology and
bring their projects to life."

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By
delivering design, product, marketing and supply chain expertise, Avnet helps
companies reduce the time, cost and complexities of bringing products to
market. To learn more about Avnet, visit Avnet.com.

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About Avnet

Avnet is a global technology
solutions provider with an extensive ecosystem delivering design, product, marketing
and supply chain expertise for customers at every stage of the product
lifecycle. We transform ideas into intelligent solutions, reducing the time,
cost and complexities of bringing products to market. For nearly a century,
Avnet has helped its customers and suppliers around the world realize the
transformative possibilities of technology. Learn more about Avnet at www.avnet.com.