GREENVILLE, S.C., June 26 /PRNewswire-FirstCall/ -- KEMET Corporation (OTC Bulletin Board: KEME - News), a leading manufacturer of tantalum, multilayer ceramic, solid aluminum, plastic film, paper and electrolytic capacitors, today announced an expansion of their CWR 09, 11, 19, and 29 Series of tantalum capacitors to fully meet the requirements of MIL-PRF-55365 T-level testing. KEMET'S CWR Series is designed for use by military/aerospace customers in high reliability applications. These capacitors already meet the standard requirements of MIL-PRF-55365, including surge current options, Weibull grading, and termination options that include gold plating, hot solder dip, solder fused, and solder plating.
"KEMET has expanded its CWR product lines to fully meet the requirements of MIL-PRF-55365 T-level testing because this enhancement is important to our military and aerospace customers," stated Ed Jones, Product Manager-Specialty Products. "This expanded testing demonstrates KEMET's commitment to offering our customers the highest quality and reliability capacitors available," continued Jones.
KEMET is now on the Qualified Products List (QPL) for all options of styles CWR 09, 11, 19, and 29 specified in MIL-PRF-55365 which will provide our customers with "one stop" shopping to cover all their demand for this category of product. KEMET remains the capacitor supplier with the largest number of QPL products in the world.
About KEMET
KEMET Corporation (KEME.OB) applies world-class service and quality to deliver industry-leading, high-performance capacitance solutions to its customers around the world. KEMET 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, the following: (i) the Company's ability to consummate the tender offer for the Notes and accomplish its financing plan described in the Offer to Purchase; (ii) generally adverse economic and industry conditions, including a decline in demand for the Company's products; (iii) the ability to maintain sufficient liquidity to realize current operating plans; (iv) adverse economic conditions could cause further reevaluation of the fair value of the Company's reporting segments and the write down of long-lived assets; (v) the cost and availability of raw materials; (vi) changes in the competitive environment of the Company; (vii) economic, political, or regulatory changes in the countries in which the Company operates; (viii) the ability to successfully integrate the operations of acquired businesses; (ix) the ability to attract, train and retain effective employees and management; (x) the ability to develop innovative products to maintain customer relationships; (xi) the impact of environmental issues, laws, and regulations; (xii) the Company's ability to achieve the expected benefits of its manufacturing relocation plan or other restructuring plan; (xiii) volatility of financial and credit markets which would affect access to capital for the Company; and (xiv) increased difficulty or expense in accessing capital resulting from the delisting of the Company's common stock from the New York Stock Exchange. Other risks and uncertainties may be described from time to time in the Company's reports and filings with the Securities and Exchange Commission.
Contact: Dean W. Dimke
Director of Corporate and Investor Communications
deandimke@KEMET.com
954.766.2806
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