HARRISBURG, Pa. — Tyco Electronics Automation Group has entered a distribution agreement with Mirae Corp. of Korea. Under the agreement, Tyco is granted certain rights to sell and support the Mirae SMT product line in the Americas, including product engineering, field service and technical support functions. Certain select strategic accounts will continue to be covered by Mirae because of existing commitments.

The Americas agreement builds on the two companies' existing agreement in Europe, the Middle East and Africa, which also has been updated. This updated agreement allows Tyco to assume the sales, marketing and customer service responsibilities for all countries in the region, with the exception of Belgium, Luxembourg and the Netherlands, Greece, Italy, Israel, Sweden, and Turkey, which Mirae will handle.