KEMET Receives Rockwell Collins 2012 Top Supplier Award

GREENVILLE, S.C., May 23, 2012 /PRNewswire/ -- KEMET Corporation (NYSE: KEM), a leading manufacturer of tantalum, ceramic, aluminum, film, paper and electrolytic capacitors, today announced that it was named as the President's Award winner for 2012 by Rockwell Collins. The top honor was presented at the Rockwell Collins Annual Supplier Conference, which took place on May 1, 2012.

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"It is a great honor and privilege to receive the Rockwell Collins President's Award for 2012," said John Drabik, KEMET Vice President, Sales - Americas. "I am certainly proud of our team, which has worked so hard to enjoy this level of partnership with Rockwell Collins. At KEMET, we place top priority on our customers and meeting their needs. This award validates our efforts and commitment."

The President's Award is one of five Capstone Awards presented by Rockwell Collins each year. For 28 years, the President's Award has served as an acknowledgement of significant contributions made over the past year based upon quality, delivery, total cost of ownership, lead time and customer service. Additional criteria for this Capstone Award include commitment to technology development, innovation and continuous improvement through Lean processes.

"KEMET has consistently met or exceeded our requirements, due in large part to its close working relationship with our company," said Kevin Myers, Vice President, Material and Supply for Rockwell Collins. "It's a living example of our philosophy to work collaboratively with suppliers to drive performance and innovation, which ultimately leads to cutting-edge, cost-effective solutions for our customers."

About KEMET

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.

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.

SOURCE KEMET Corporation