Toronto, ON Celestica Inc. (NYSE, TSX: CLS), a world leader in electronics manufacturing services (EMS), today announced the recipients of the company’s Partners in Performance awards for 2002.
Agilent Technologies S.P.G. Inc., AVX Corporation, Cypress Semiconductor and Fairchild Semiconductor have been recognized with their fifth consecutive Partners in Performance awards. These distinguished suppliers have consistently demonstrated their commitment to Celestica’s values and beliefs for five consecutive years.
Celestica is also pleased to acknowledge On Semiconductor with a fourth-year Partners in Performance award. Compeq Manufacturing Co. Ltd., Hynix Semiconductor America, Maysteel LLC and Pericom Semiconductor Corporation have been recognized with third-year awards.
First- and second-year Partners in Performance recipients include Agilent Technologies A.T.G., Best Ideal Limited, Colicraft Inc., Fujikura America, Hoi Po Industrial Co. Ltd., Integrated Device Technology, Inc., International Rectifier, Kemet Electronics, Littelfuse Inc., Molex Incorporated, Murata Electronics, Nihon Dempa Kogyo Co., Ltd., Panalpina, Pulse Engineering Inc., Radiall Inc., Samtec Inc., Sharp Microelectronics of the Americas, ShenZhen ZhenFeng Printing Co., Ltd, TDK Corporation, Tyco Electronics Incorporated, Valor Computerized Systems, Vectron International, Viasystems Technology Corp., Viquest Technologies (S) Pte Ltd. and Vishay Intertechnology Inc.
"Through their leadership and dedication, this year's Partners in Performance recipients have consistently demonstrated a shared commitment to the company’s values and beliefs," said Marvin MaGee, president and chief operating officer, Celestica. "Each of these companies has made a cohesive effort to deliver competitive advantage to our customers and position Celestica as the partner of choice in electronics manufacturing services."
"The flexibility and responsiveness of our suppliers is essential to Celestica's ability to act as a seamless extension of our customers' operations," said Karlheinz Totz, senior vice president and chief procurement officer, Celestica. "This year’s Partners in Performance recipients were essential to the success of Celestica's relationships with its customers, and ultimately contributed to Celestica’s position as an industry leader."
Recipients of the Partners in Performance awards for 2002 are recognized for their ability to support Celestica’s supply chain management objectives in the following areas: flexibility and responsiveness, impact on asset management, effectiveness and efficiency, and overall supplier performance.
Celestica is a world leader in the delivery of innovative electronics manufacturing services (EMS). Celestica operates a highly sophisticated global manufacturing network with operations in Asia, Europe and the Americas, providing a broad range of services to leading OEMs (original equipment manufacturers). A recognized leader in quality, technology and supply chain management, Celestica provides competitive advantage to its customers by improving time-to-market, scalability and manufacturing efficiency.
For further information on Celestica, visit its website atwww.celestica.com.
The company’s security filings can also be accessed atwww.sedar.comandwww.sec.gov.
Safe Harbour and Fair Disclosure Statement
This news release contains forward-looking statements related to our future growth, trends in our industry and our financial and operational results and performance that are based on current expectations, forecasts and assumptions involving risks and uncertainties that could cause actual outcomes and results to differ materially. These risks and uncertainties include, but are not limited to: the challenges of effectively managing our operations during uncertain economic conditions; the challenge of responding to lower-than-expected customer demand; the effects of price competition and other business and competitive factors generally affecting the EMS industry; our dependence on the computer and communications industries; our dependence on a limited number of customers and on industries affected by rapid technological change; component constraints; variability of operating results among periods; and the ability to manage expansion, consolidation and the integration of acquired businesses. These and other risks and uncertainties and factors are discussed in the Company's various public filings atwww.sedar.comandhttp://www.sec.gov, including our Annual Report on Form 20-F and subsequent reports on Form 6-K filed with the Securities and Exchange Commission.
We disclaim any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
In the Company’s best judgement, the events noted in this press release on a stand-alone basis are not expected to be material to Celestica’s overall financial results.