AVX Honored with a 2014 TTI Asia Supplier Excellence Award

GREENVILLE, S.C., April 24, 2015 (GLOBE NEWSWIRE) -- AVX Corporation, a leading manufacturer of passive components and interconnect solutions, has received a prestigious 2014 TTI Asia Supplier Excellence Award. Bestowed by TTI, Inc., the leading authorized distributor of interconnect, passive, electromechanical, and discrete components, the award honors AVX for its successful fulfillment of several key quality performance metrics designed to elevate supplier and distributor performance in order to ensure utmost customer satisfaction. The 2014 TTI Asia Supplier Excellence Award represents the highest recognition possible of a supplier's performance within TTI Asia with regard to quality acceptance, ship-to-commit delivery date, effective business systems, ease of doing business, and the quality and efficacy of field employee and management relationships. Mr. Anthony Chan, President, TTI Asia presented the award to K.H. Khoo, General Manager, AVX Asia on March 31, 2015 at the AVX/Kyocera Singapore office. "The 2014 TTI Asia Supplier Excellence Award marks the first time AVX has been recognized in our supplier excellence program," said Vice President of Product Management at TTI Asia, Sam CW Sung. "This is a major accomplishment, and all AVX employees are to be commended for making this achievement possible. Achievement of this award not only represents the dedication of all the AVX Asia employees to TTI Asia, but also management's successful execution of an overall operating philosophy of excellence and employees' commitment to ensuring customer satisfaction." "AVX is honored to have received its first TTI Asia Supplier Excellence Award," said K.H. Khoo, General Manager, AVX Asia. "We consistently strive to exceed expectations with regard to customer satisfaction, technology innovation, and operations excellence, so we are very proud to have been recognized for our success by such a valued strategic partner as TTI, and will continue to improve upon our current efforts going forward." For more information about AVX, please visit www.avx.com, call 864-967-2150, or write to One AVX Boulevard, Fountain Inn, S.C. 29644. About TTI

TTI, Inc. a Berkshire Hathaway company, is an authorized, specialty distributor of interconnect, passive and electromechanical (IP &E) components and the distributor of choice for military, industrial and consumer electronics manufacturers worldwide. Broader and deeper inventory, leading-edge products and custom supply chain solutions have established TTI as the leading specialist in electronic component distribution. Globally, the company maintains 1.2 million square feet of ISO certified warehouse space containing over 850,000 component part numbers. Along with its subsidiaries, Mouser Electronics and Sager Electronics, TTI employs more than 4,300 employees worldwide with branches in over 100 locations throughout North America, Europe and Asia. For more information about TTI, visit www.ttiinc.com.

About AVX

AVX Corporation is a leading international supplier of electronic passive components and interconnect solutions with 21 manufacturing and warehouse facilities in 11 countries around the world. AVX offers a broad range of devices including capacitors, resistors, filters, couplers, timing and circuit protection devices and connectors. The company is publicly traded on the New York Stock Exchange (NYSE: AVX). A photo accompanying this release is available at:

http://www.globenewswire.com/newsroom/prs/?pkgid=32378

CONTACT: Nicholas Kovalsky
         Product Promotions Manager, AVX
         864-228-8869
         [email protected]

         Christine Stieglitz
         PR Executive, BtB Marketing
         919-872-8172
         [email protected]

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