Fluke Corp. makes donation to NAED education foundation

Nov. 28, 2005 - Company gives $250,000 for research effort.

The National Association of Electrical Distributors has announced a $250,000 commitment by Fluke Corp. to the NAED Education & Research Foundation.

"In keeping with our strong commitment to research and education, Fluke is proud to support the work of the NAED Education & Research Foundation," says Barbara Hulit, president of Fluke Corp (www.fluke.com). "The electrical industry in America is challenged by a rapidly evolving, global marketplace. The more we, as an industry, understand the dynamics of our market and transfer this knowledge to our workforce, the more successful we all will be.

"The NAED Foundation is leading this effort with a series of well designed research projects and education programs that continue to help our industry adjust to, and anticipate, changes in the marketplace," Hulit continues. "We look forward to a rewarding, productive partnership with the NAED Foundation."

Fluke Corp. manufactures, distributes and services electronic test tools. Founded in 1948, Fluke is a global corporation headquartered in Everett, WA with manufacturing centers and sales and service subsidiaries located throughout Europe, North America, South America, Asia and Australia. Fluke Corp. has authorized distributor and manufacturer representative channels in more than 100 countries and employs about 2,400 people worldwide.

"Cutting edge research projects and innovative training resources are key to improving the future of our industry," says Robert Reynolds, Jr., chairman of the Channel Advantage Partnership Council and chairman, president and CEO of Graybar. "The generosity of companies like Fluke Corp. helps us secure permanent funding for the foundation and concentrate our efforts on research and education. We are grateful for their involvement with this effort."

The company's donation will become part of an endowment fund for the NAED Education & Research Foundation. The principal amount of the endowment will remain untouched, while the interest will be used to commission future projects and studies. As a $250,000 donor, Fluke Corp. also will have a permanent position on the Channel Advantage Partnership Council, which helps select educational programs and research projects.

NAED is based in St. Louis, MO. For more information visit www.naed.org.


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