St. Louis, Missouri - October 4, 2011 - Belden Inc. (NYSE: BDC), a global leader in signal transmission solutions for mission critical applications, today announced a new agreement with Yokogawa Electric Corporation. Yokogawa, headquartered in Tokyo, Japan, is a leading provider of industrial automation and control solutions in a wide range of process markets. Under the terms of the agreement, Yokogawa will deploy Belden's Hirschmann brand Industrial Ethernet switches in Yokogawa's global industrial application solutions that require highly reliable network performance.
"We are pleased to announce the agreement between Belden and Yokogawa," said John Stroup, President and CEO of Belden. "This relationship demonstrates Belden's leadership position in industrial networking and expands our growth opportunities in Japan and throughout the world."
Under the terms of the agreement, Yokogawa will use Hirschmann Industrial Ethernet switches in their Vnet/IP® high-speed control networks and provide maintenance services to facilitate the deployment of highly reliable control networks. Plant control communication network in markets such as oil & gas, power transmission & distribution, pharmaceuticals and water/wastewater must endure harsh environments with extreme ambient temperatures and corrosive gasses.
"Belden's reputation as the leader in mission-critical signal transmission solutions is once again demonstrated as our Hirschmann brand is the preferred choice when productivity and signal integrity cannot be compromised," added Stroup.
"Yokogawa will offer Hirschman Industrial Ethernet switches from Belden because our customers demand that their network solutions have been designed to the highest standards and tested in the toughest environments," said Satoru Kurosu, Director and Senior Vice President of Yokogawa Electric Corporation. "They are the perfect choice to ensure the highest confidence in performance for long-term, stable control networks."
Yokogawa's global network of 25 manufacturing facilities and 80 companies spans 54 countries. Since its founding in 1915, the US$3 billion company has been engaged in cutting-edge research and innovation, securing more than 7,200 patents and registrations, including the world's first digital sensors for flow and pressure measurement. Industrial automation and control, test and measurement, information systems and industry support are the core businesses of Yokogawa. For more information about Yokogawa, please visit www.yokogawa.com.
St. Louis-based Belden Inc. designs, manufactures, and markets cable, connectivity, and networking products in markets including industrial automation, enterprise, transportation, infrastructure, and consumer electronics. It has approximately 6,900 employees, and provides value for industrial automation, enterprise, education, healthcare, entertainment and broadcast, sound and security, transportation, infrastructure, consumer electronics and other industries. Belden has manufacturing capabilities in North America, South America, Europe, and Asia, and a market presence in nearly every region of the world. Belden was founded in 1902, and today is a leader with some of the strongest brands in the signal transmission industry. For more information, visit www.belden.com.
Belden Investor Relations