CAMARILLO, Calif. -- Vitesse Semiconductor Corporation (NASDAQ: VTSS) and Nu Horizons Electronics Corp. (NASDAQ:NUHC) today announced an agreement under which Nu Horizons will become the exclusive distributor of Vitesse's extensive line of chipset solutions for communication equipment manufacturers. This agreement, effective October 1, 2001, encompasses selling rights for North America. Vitesse's new and existing customers will benefit from a simplified approach to doing business with Vitesse, including easier access to technical support, design services and ongoing applications support through Nu Horizons local field application engineers. Customers will also have immediate access to key logistic and value-added services, as well as excellent fulfillment services from Nu Horizons state-of-the-art stocking facilities. "Nu Horizons is a leading world class distributor providing design creation and support, as well as logistic services, for its customers," stated Richard Riker, Vitesse's vice president, sales and marketing.Vitesse Semiconductor Corp. Nu Horizons Electronics Corp.