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Nu Horizons Electronics Corp.

Nu Horizons Electronics Corp. is listed on NASDAQ (NUHC). Except for historical information contained herein, the matters set forth herein are forward-looking statements that involve certain risks and uncertainties that could cause actual results to differ from those in the forward-looking statements. Potential risks and uncertainties include the factors described below the under Management Discussion and Analysis -Risk Factors in this Form 10-K . Nu Horizons Electronics Corp. a Delaware corporation incorporated in 1987, and its wholly owned subsidiaries, NIC Components Corp. (NIC), Nu Horizons International Corp. (International), NUHC Inc. (NUC), Nu Horizons Asia PTE LTD (NUA), Nu Horizons Europe Limited (NUE), Titan Supply Chain Services Corp. (Titan), Titan Supply Chain Services PTE LTD (TSC), Titan Supply Chain Services Limited (TSE), NUV Inc. (NUV) and its majority owned subsidiaries, NIC Components Europe Limited (NIE) and NIC Components Asia PTE.

Nu Skin Enterprises Inc.

Nu Skin Enterprises Inc. is listed on NYSE (NUS). Nu Skin Enterprises is a leading, global direct selling company. We develop and distribute premium-quality, innovative personal care products and nutritional supplements that are sold worldwide under the Nu Skin and Pharmanex brands. We also market technology products and services and a line of home care products under the Big Planet brand. We are one of the largest direct selling companies in the world with 2003 revenue of $986 million and a global network of approximately 678,000 active independent distributors. Approximately 29,000 of our active distributors have achieved executive distributor status. Our executive distributors play an important leadership role in our distribution network and are critical to the growth and profitability of our business.

Printronix Inc. ..y-Chain Printing Solutions, which provide remotely managed printers that produce labels, transaction documents and information reports in the supply-c..

Kookmin Bank ..story of the Former Kookmin Bank The former Kookmin Bank was established by the Korean government in 1963 under its original name of Citizens National..

PLX Technology Inc. .. established in May 1986, develops and supplies semiconductor devices that accelerate and manage the transfer of data in microprocessor-based systems ..

Pinnacle Financial Partners Inc. .. was incorporated on February 28, 2000 to organize and serve as the holding company for Pinnacle National, a national bank chartered under the laws of..

Portugal Telecom SGPS S.A . ..l Telecom's legal and commercial name is Portugal Telecom, SGPS, S.A. Portugal Telecom is a limited liability holding company, organized as a Sociedad..

PSi Technologies Holdings Inc. ..evelopment of our Company Our legal name is PSi Technologies Holdings, Inc. We are incorporated under the Corporation Code of the Philippines, Batas P..

Petrohawk Energy Corporation ..re corporation, is an independent oil and gas company engaged in the acquisition, development, production and exploration of natural gas and oil prope..

Prudential Public Limited Company ..ading international financial services group, providing retail financial services and fund management in the markets in which it operates: the United ..

QAD Inc. ..nd is a provider of enterprise resource planning (ERP) software applications for global manufacturing companies. QAD enterprise applications provide r..

Ralcorp Holdings Inc. ..ncorporated on October 23, 1996. Our principal executive offices are located at 800 Market Street, Suite 2900, St. Louis, Missouri 63101. The terms we..

Resources Connection Inc. ..nal services firm that provides experienced accounting and finance, risk management and internal audit, information technology, human resources, suppl..

Transocean Inc. ..d predecessors, unless the context requires otherwise, Transocean, the Company) is a leading international provider of offshore contract drilling serv..

Polo Ralph Lauren Corporation ..we, our, us and the Company refer to Polo Ralph Lauren Corporation and its subsidiaries, unless the context requires otherwise. Due to the collaborati..

GigaMedia Limited ..rcial name is GigaMedia Limited. We were incorporated in September 1999 as a company limited by shares organized under the laws of the Republic of Sin..

Rentrak Corporation .. statements and other information with the Securities and Exchange Commission (SEC) under the Securities Exchange Act of 1934 as amended (Exchange Act..

Banco Santiago S.A. ..merger of Santiago and Old Santander-Chile, both of which were subsidiaries of our controlling shareholder, Banco Santander Central Hispano. We are th..

Schweitzer-Mauduit International Inc. ..nless the context indicates otherwise, references to we, us, our, SWM, Schweitzer-Mauduit or similar terms include Schweitzer-Mauduit International, I..

Senesco Technologies Inc .., a Delaware corporation incorporated in 1999, and its wholly-owned subsidiary, Senesco, Inc., a New Jersey corporation incorporated in 1998, collecti..

Stillwater Mining Company ..ration, development, mining and production of platinum, palladium and associated metals from the Stillwater Complex in southern Montana, which the Com..

Shinhan Financial Group Co Ltd ..ction We are the largest financial holding company in Korea on the basis of total assets, total deposits and stockholders' equity. We were formed in 2..

SCS Transportation Inc. ..portation company that provides a variety of trucking transportation and supply chain solutions to a broad range of industries, including the retail, ..

Sun Communities Inc. ..state investment trust, or REIT. We own, operate, develop and finance manufactured housing communities concentrated in the midwestern and southeastern..

SpatiaLight Inc. ..ution LCoS microdisplays. Our current customers and current prospective customers are OEMs engaged in the businesses of manufacturing high definition ..

Starwood Hotels & Resorts Worldwide Inc. ..eisure companies. Starwood's status as one of the leading hotel and leisure companies resulted from the 1998 acquisitions of Westin Hotels & Resorts W..

Silver Standard Resources Inc ..evelopment of the Company General Background We were incorporated in British Columbia, Canada, on December 11, 1946 under the name Silver Standard Min..

StemCells Inc. ..t of therapies that would use stem and progenitor cells to treat, and possibly cure, human diseases and injuries such as neurodegenerative diseases (f..

Sun Healthcare Group Inc. .., subacute and related specialty healthcare services in the United States. We currently operate through various direct and indirect subsidiaries that ..

Safeway Inc. ..e 2004 Annual Report to Stockholders of Safeway Inc. (Safeway) is incorporated herein by this reference. Safeway was incorporated in the state of Dela..

Transgenomic Inc. ..e synthesis, purification and analysis of nucleic acids. Our operations fall into two principal business units, BioSystems and Nucleic Acids. Our BioS..

Telefonos de Mexico SA de CV Ser A Spons ADR ..lecommunications system in Mexico, where we are the only nationwide provider of fixed-line telephony services and the leading provider of fixed local ..

Thoratec Corporation ..rt products for use by patients with congestive heart failure, or CHF. We are a leading provider of circulatory support products worldwide. We sell Ve..

Orckit Communications Limited ..rated in 1990 under the laws of the State of Israel. Our principal executive offices are located at 126 Yigal Allon Street, Tel Aviv 67443 Israel and ..

THERMOGENESIS Corp. ..rated in Delaware in July 1986, designs, manufactures and distributes blood processing devices and single-use, sterile blood processing disposables th..

Target Corporation ..hs of Analysis of Continuing Operations, Page 17; Analysis of Financial Condition, Pages 19-21; Credit Card Contribution, Page 18; first textual parag..

Tredegar Corporation ..h its subsidiaries, in the manufacture of plastic films and aluminum extrusions. We also operate Therics Inc. (Therics), which has developed and in 20..

Maritrans Inc. ..the Registrant or Maritrans), serve the petroleum and petroleum product industry by using tank barges, tugboats and oil tankers to provide marine tran..

Thomas & Betts Corporation ..nd manufacturer of electrical connectors and components used in industrial, commercial, communications, and utility markets. We are also a leading pro..

US Airways Group Inc. New ..ctively with its consolidated subsidiaries) is a corporation organized under the laws of the State of Delaware. The Company's executive offices are lo..

Ultra Clean Holdings Inc. ..l subsystems, primarily for the semiconductor capital equipment industry. We develop, design, prototype, engineer, manufacture and test subsystems whi..

USA Truck Inc. ..ier transporting general commodities throughout the continental United States and between locations in the United States and Canada. We transport gene..

Village Bank and Trust Financial Corp. .. company of and successor to Southern Community Bank & Trust. Effective April 30, 2004, the Company acquired all of the outstanding stock of the Bank ..

Knightsbridge Tankers Limited ..Bermuda on September 18, 1996. The Companys registered and principal executive offices are located at Par-la-Ville Place, 14 Par-la-Ville Road, Hamilt..

Virco Manufacturing Corporation ..urniture for a diverse family of customers is a 55-year tradition at Virco Mfg. Corporation (Virco). Over the years, Virco has become the largest manu..

Vital Images Inc. ..is a provider of enterprise-wide advanced visualization and analysis solutions for use in clinical diagnosis, disease screening applications, and ther..

Wachovia Corporation ..Carolina in 1967 and is registered as a financial holding company and a bank holding company under the Bank Holding Company Act of 1956, as amended. T..

W-H Energy services Inc. .. provides products and services used primarily for the drilling, completion and production of oil and natural gas wells. We have operations in North A..

WorldSpace Inc. ..Executive Officer, Noah Samara, who pioneered the development of satellite-based digital radio service, commonly known as Digital Audio Radio Service ..

Winston Hotels Inc. ..orth Carolina, owns hotel properties and interests in hotel properties through joint ventures, provides loans to the hotel industry, and provides hote..

XM Satellite Radio Holdings Inc. ..ompany, providing music, entertainment and information programming for reception by vehicle, home and portable radios nationwide and over the internet..

Ixia ..llow our customers to test and measure the performance, functionality, and conformance of Internet Protocol (IP) equipment and networks, and the appli..

Zevex International Inc. ..ivisions and subsidiary, engages in the business of designing, manufacturing, and distributing medical devices. Our Therapeutics division markets ente..

American Physicians Service Group Inc. ..t include brokerage and investment services to individuals and institutions, and management and agency services to malpractice insurance companies. We..

Adobe Systems Incorporated .. of the largest and most diversified software companies in the world. We offer a line of creative, business and mobile software and services used by h..

American Equity Investment Life Holding Company ..rket, issue and administer annuities and life insurance. We are a full service underwriter of a broad array of annuity and insurance products. Our bus..

A.G. Edwards Inc. ..inancial services holding company incorporated in 1983 whose principal subsidiary, A.G. Edwards & Sons, Inc. (Edwards), is the successor to a partners..

American Home Mortgage Investment Corp ..tment and, collectively with its subsidiaries) is a Maryland corporation in the business of investing in mortgage-backed securities resulting from the..

Alberto-Culver Company ..er Products and Beauty Supply Distribution. Sales of Global Consumer Products were $1.31 billion, $1.19 billion and $1.10 billion in fiscal years 2005..

Applied Signal Technology Inc. ..ooking statements made pursuant to the provisions of Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are based on..

Ameritrans Capital Corporation ..trans, our, us,) was formed in 1998 to engage in lending and investment activities, primarily with small and medium-sized businesses, directly and thr..

Appalachian Bancshares Inc. (GA) ..mpany which was formed in May 1996 as a Georgia corporation. The Companys executive office is located at 829 Industrial Boulevard, Ellijay, Georgia, a..

AP Pharma Inc. ..ements herein are forward- looking and are subject to a number of risks and uncertainties that could cause actual results to differ materially from th..

Advantest Corporation (Kabushiki Kaisha Advantest) ADS ..st commenced operations in July 1954, and was incorporated in December 1954 under the name Takeda Riken Industry Co., Ltd. as a limited liability, joi..

Blockbuster Inc. ..n-home rental and retail movie and game entertainment, with approximately 9,100 stores in the United States, its territories and 24 other countries as..

BKF Capital Group Inc. ..rough John A. Levin & Co., Inc. (John A. Levin & Co.), an SEC-registered investment adviser, and its related entities. John A. Levin & Co. owns 100% o..

Bausch & Lomb Incorporated ..we, our and ours are used herein to refer to Bausch & Lomb Incorporated and its consolidated subsidiaries. Dollar amounts are stated in millions, exce..