Future Designs, Digi-Key reach deal

Local company expects sales jump of up to 300%
Wednesday, August 09, 2006
From staff reports
Huntsville Times

Huntsville-based Future Designs Inc. has signed a global distribution agreement with Digi-Key Corp., a distributor of electronic components.

FDI is a design and technical services company founded in 1989, specializing in embedded product design and development.

According to FDI, the agreement is not for a specific dollar amount but is a broad-based distribution and stocking agreement.

FDI said it expects to increase sales by as much as 300 percent this year alone by expanding its customer base with Digi-Key. The company said it expects to hire several additional engineers and technical support personnel over the next few months.

Minnesota-based Digi-Key ships products to more than 140 countries around the globe.

"Having our products available through Digi-Key greatly expands our presence with the worldwide engineering community," said Kent Lowman, Future Designs director. "The Digi-Key catalog and Web site are critical elements on every design engineer's desk, and this agreement should help extend our offering of development tools to support additional Philips products."


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