SOURCE: KEMET Corporation

KEMET Corporation

March 17, 2016 08:30 ET

KEMET Wins 2015 TTI Asia Supplier Excellence Award

Award Represents Highest Recognition Possible of Supplier Performance

SHANGHAI, CHINA--(Marketwired - March 17, 2016) -  KEMET Corporation (NYSE: KEM), a leading global supplier of electronic components, accepted the 2015 TTI Asia Supplier Excellence Award at Electronica China on March 16. This coveted award represents the highest recognition possible of a supplier's performance within TTI Asia. 

KEMET also has the distinction of attaining the highest overall total score among TTI Asia suppliers and has received the 2015 Diamond Award. This is the second year in a row that KEMET has earned this prestigious honor.

The awards program is centered on quality measurements that include on-time delivery, receiving quality, customer-reported quality, administrative quality, operations and business systems. In addition, there are performance measurements such as sales and management support.

"KEMET Asia works diligently to support TTI in building a stronger organization, improving quality performance and providing outstanding service for our mutual customers," said Claudio Lollini, KEMET Senior Vice President Global Sales. "KEMET is committed to earning the TTI Supplier Excellence Award year after year, and looks forward to continuous improvements in 2016."

"Achievement of this award not only represents the dedication of all KEMET employees to TTI Asia, but also management's commitment and overall operating philosophy for excellence by allocation of resources allowing employees the opportunity to do the right thing in order to ensure customer satisfaction," said Sam Sung, TTI Asia Vice President of Product Management. "Our most sincere thanks goes out to all employees of KEMET Asia for making this achievement possible."

About KEMET

KEMET Corporation is a leading global supplier of electronic components. We offer our 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. Our vision is to be the preferred supplier of electronic component solutions demanding the highest standards of quality, delivery and service. KEMET's common stock is listed on the NYSE under the symbol "KEM." 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.

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