SOURCE: KEMET Corporation

KEMET Corporation

May 17, 2016 16:15 ET

KEMET Expands Components Offering with Ferrite Inductors

GREENVILLE, SC--(Marketwired - May 17, 2016) - KEMET Corporation (NYSE: KEM), a leading global supplier of electronic components, has boosted its solutions capabilities by adding high-quality ferrite inductors to its expanding line of passive electronic components.

Ferrite inductors are a natural complement to KEMET's capacitor core competency. Capacitors and inductors work together in various parts of electronic circuits. They can be used in electronic filters and in power distribution networks, which can be found in nearly all classes of electronic systems.

"These new solutions deliver extra value for electronics producers by delivering increased cost effectiveness and efficiency along with KEMET's quality and service," said Johnny Boan, KEMET Vice President of Marketing. "With more parts in each bill of materials, we will continue to develop new technologies and products to enhance support for our customers and strengthen our global market position."

The ferrite inductors joining the KEMET portfolio are based on a proprietary nickel-zinc magnetic material and are RoHS compliant. These leaded devices are widely used throughout industrial and consumer applications such as LED lighting, smart meters, home appliances, smoke detectors and alarm systems.

KEMET now offers several ranges of inductors including metal composite power inductors, surface mount ferrite inductors and AC line filters.

These products have been made available as part of a Private Label Agreement with NEC TOKIN Corporation.

For more information, please visit www.kemet.com/inductors.

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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