GREENVILLE, S.C., Oct. 6 /PRNewswire/ -- KEMET Corporation (NYSE Amex: KEM), a leading manufacturer of tantalum, ceramic, aluminum, film, paper and electrolytic capacitors, is nominated for the European electronics industry's prestigious Elektra 2010 Product of the Year Award. KEMET's base metal electrode class-I high temperature capacitor is a finalist in the Passive and Electromechanical Product of the Year category.
The KEMET High Temperature C0G Multilayer Ceramic Chip Capacitor (MLCC) features a robust and proprietary base metal compatible dielectric system that offers industry-leading performance relative to capacitance and reliability combined with capacitance stability at extreme temperatures up to +200 degrees Celsius. This new platform promotes downsizing opportunities of existing high temperature C0G technology, and offers replacement opportunities for existing X7R/BX/BR technologies.
"KEMET is honored to be nominated for this prestigious European Electronics Industry Award," said Philip Lessner, KEMET Chief Technology Officer and Chief Scientist. "This recognition clearly demonstrates KEMET's leadership position in our industry and that we develop the technology our customers require and have come to expect from The Capacitance Company."
The established annual highpoint of the electronics industry, the Elektra Awards gives the industry the opportunity to recognize the achievements of individuals and companies across Europe. It is designed to promote best practice in key areas including innovation, sales growth and employee motivation. Nominated by an independent panel of judges, winners will be announced at an Elektra Awards Dinner and Christmas Party on Thursday, December 9th at the Royal Lancaster Hotel in London.
More about the KEMET High Temperature 200 degrees Celsius C0G Dielectric
The KEMET High Temperature C0G MLCCs offer no capacitance change with respect to applied DC voltage, temperature, and time as demonstrated by Class II dielectrics systems, such as X7R dielectric. Customers in the down-hole, industrial, military and aerospace markets require the higher capacitance, temperature stability and reliability this platform offers. Typical applications include critical timing, tuning, circuits requiring low loss, circuits with pulse, high current, decoupling, bypass, filtering, transient voltage suppression, blocking and energy storage for use in extreme environments commonly present in applications such as down-hole exploration, aerospace engine compartments and geophysical probes.
KEMET's common stock is listed on the NYSE: Amex under the symbol "KEM." At the Investor Relations section of our web site at http://www.KEMET.com/IR, 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.
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.
Factors that may cause actual outcome and results to differ materially from those expressed in, or implied by, these forward-looking statements include, but are not necessarily limited to, generally adverse economic and industry conditions, including a decline in demand for the Company's products. Other risks and uncertainties may be described from time to time in the Company's reports and filings with the Securities and Exchange Commission.
Dean W. Dimke
Director of Corporate and Investor Communications
SOURCE KEMET Corporation