David Churchill Named CEO of PartMiner WorldWide Inc.

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PartMiner WorldWide selects veteren leader to build on company's unique electronic component supply chain opportunity. Christopher Meyer named chairman of PartMiner.

"PartMiner has a unique opportunity to change the world of electronic components"

The Board of Directors of PartMiner WorldWide announced today the appointment of David Churchill as chief executive officer. Mr. Churchill comes to PartMiner from Agilent Technologies where between 2005 and 2010 he ran a number of business units, most recently Network and Digital Systems with responsibilities for $800 million of revenue.

The company also announced that Christopher Meyer is appointed Chairman of PartMiner. Mr. Meyer has devoted the past eight years to building PartMiner into the leading online transaction platform in the industry, and will remain actively engaged in market and business development.

Prior to Agilent, Mr. Churchill spent 10 years with Tektronix, living both in Europe and the USA while managing a number of business units.

Mr. Meyer explained that “PartMiner’s 300+ electronic component professionals worldwide are achieving record growth and results in 2010, particularly in conjunction with the explosive adoption of PowerBuyer. I am especially pleased that Dave has decided to join our team to provide the strength of execution that PartMiner needs to take our strategy to the next level of success.”

“PartMiner has a unique opportunity to change the world of electronic components and I am glad to be part of this revolutionary effort,” Mr. Churchill added, “No company can match the information and tools that PartMiner brings to the market.”

PartMiner provides electronic component procurement services to more than 17,000 electronic manufacturing companies around the world. PartMiner collects market intelligence from more than 15,000 supply sources worldwide – representing millions of component transactions and hundreds of millions of lines of active inventory. The company’s CAPS™ database is the leading resource of technical information in the industry. It covers more than 140 million individual components from more than 1800 active manufacturers. PartMiner’s electronic procurement system, PowerBuyer™, is available as an online service through membership subscription. It incorporates PartMiner’s transactional platform, supply and demand databases, as well as the CAPS technical database.

PartMiner WorldWide Inc., is headquartered in Centennial, Colorado, USA and has U.S. offices in New York, California, and Florida. International locations include Brazil, China (Shenzhen, Shanghai, Suzhou, Beijing), Finland, France, Germany, Hong Kong, India, Israel, Mexico, Singapore, Sweden, and the United Kingdom.

For more information about PartMiner or to arrange an interview with a PartMiner executive, contact Roger Rountree.

PartMiner, PowerBuyer, and CAPS are trademarks or registered trademarks of PartMiner WorldWide Inc.

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