KEMET Receives Three Supplier Excellence Awards from TTI Marks 18th Consecutive Year of Receiving Supplier Excellence Recognition
GREENVILLE, S.C., June 4, 2013 /PRNewswire/ -- KEMET Corporation (NYSE: KEM), a leading manufacturer of tantalum, ceramic, aluminum, film, paper and electrolytic capacitors, is proud to announce that it has been awarded TTI's Supplier Excellence Award for the Americas, Asia and Europe. This coveted award represents the highest recognition possible of a supplier's performance within TTI.
"We are extremely pleased to receive the 'TTI Supplier Excellence Award' in the Americas, Asia and Europe again this year. Earning the award in the Americas every year since TTI began the award in 1995 is extremely gratifying," said Jim Bruorton, KEMET Vice President, Global Distribution Sales and Business Development. "The entire KEMET Team from corporate management, to sales, to inside sales and service, quality and manufacturing work every day to make sure we exceed the 'Supplier Excellence' criteria. Our goal is to earn the TTI Supplier Excellence Award every year in all three regions," continued Bruorton.
"KEMET's global commitment to excellent service is demonstrated by its ability to earn the TTI Supplier Excellence award in all three regions – Americas, Europe & Asia. KEMET is the only TTI Americas supplier who has earned Supplier Excellence recognition each year since we launched our program back in 1995," said Melanie M. Pizzey, TTI Vice President, Global Product Operations. "This level of performance by the KEMET employees is to be commended and further represents the strong partnership between TTI and KEMET worldwide."
KEMET's common stock is listed on the NYSE under the symbol "KEM." At the Investor Relations section of our web site at http://ir.kemet.com/, users may subscribe to KEMET news releases and find additional information about our Company. KEMET applies world class service and quality to deliver industry leading, high performance capacitance solutions to its customers around the world and offers the world's most complete line of surface mount and through-hole capacitor technologies across tantalum, ceramic, film, aluminum, electrolytic, and paper dielectrics. Additional information about KEMET can be found at http://www.kemet.com.
TTI, Inc., a Berkshire Hathaway company, is a specialty distributor of passive, interconnect, electromechanical and discrete semiconductor components. TTI is the distributor of choice for industrial and consumer electronics manufacturers worldwide. TTI's extensive product line includes: resistors, capacitors, connectors, potentiometers, trimmers, magnetics, circuit protection, filters, electromechanical and discrete semiconductor devices. TTI is recognized as the industry leader in service and quality and provides a broad array of supply chain services to its customer base. TTI, along with its subsidiary Mouser Electronics, employs 3,800 with 100 locations throughout North America, Europe and Asia. TTI's previous acquisitions include Mouser Electronics, Sager Electronics, Mateleco, France, Net-Aye, Israel, Campbell Collins, U.K., and NPCS Autotronics, China. For more information about TTI, visit www.ttiinc.com.
Cautionary Statement on Forward-Looking Statements
Certain statements included herein contain forward-looking statements within the meaning of federal securities laws about KEMET Corporation's (the "Company") financial condition and results of operations that are based on management's current expectations, estimates and projections about the markets in which the Company operates, as well as management's beliefs and assumptions. Words such as "expects," "anticipates," "believes," "estimates," variations of such words and other similar expressions are intended to identify such forward-looking statements. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions, which are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in, or implied by, such forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect management's judgment only as of the date hereof. The Company undertakes no obligation to update publicly any of these forward-looking statements to reflect new information, future events or otherwise.
Certain risks and uncertainties that could cause actual outcome and results to differ materially from those expressed in, or implied by, these forward-looking statements are described in the Company's reports and filings with the Securities and Exchange Commission.
John C. Boan
Vice President, Marketing
SOURCE KEMET Corporation