SOURCE: KEMET Corporation

KEMET Corporation

June 27, 2016 16:15 ET

KEMET Awards Digi-Key 2015 High Service Distributor of the Year Award

GREENVILLE, SC--(Marketwired - June 27, 2016) - KEMET Corporation (NYSE: KEM), a leading global supplier of electronic components, announced Digi-Key as the winner of its 2015 High Service Distributor of the Year Award. Digi-Key's exceptional growth in specialty product categories, customer count, financial performance and sales metrics were among the criteria used to select this year's winner.

"We are proud to receive this recognition from KEMET as our long-standing partnership has resulted in tremendous growth for both companies over the years," said Tom Busher, VP, Global I P & E at Digi-Key. "KEMET's high-quality capacitor technologies and expanding range of electronic component solutions provide unsurpassed value to our global customers. We look forward to continued success in this relationship."

"Both KEMET and Digi-Key make it a priority to ensure the best products and latest technologies are placed in the hands of our mutual customers," said Fernando Spada, Vice President Sales - Global Distribution, KEMET. "At KEMET, we strive to be Easy-to-Buy-From and Easy-to-Design-In, and our partnership with the leaders of the High Service Distribution Channel is key to achieving this goal. This year, Digi-Key delivered exceptional results, driving growth in customer count and sales of our target products."

About KEMET

KEMET Corporation is a leading global manufacturer of electronic components that meet the highest standards for quality, delivery and service. The company offers its customers the broadest selection of capacitor technologies in the industry across all dielectrics, along with an expanding range of electromechanical devices, electromagnetic compatibility solutions and supercapacitors. KEMET's corporate headquarters are in South Carolina; the company also operates manufacturing facilities, sales and distribution centers around the world. KEMET's common stock is listed on the NYSE under the symbol "KEM." Additional information about KEMET can be found at 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.

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