AURORA, Ill.--(BUSINESS WIRE)--Nov. 20, 2007--Cabot Microelectronics Corporation (NASDAQ: CCMP), the world leader in shaping, enabling and enhancing the performance of surfaces, announced today that it has received a "Best in Value" Supplier Appreciation Award from Samsung Electronics for excellence in technology support, as a supplier of chemical mechanical planarization (CMP) polishing slurries. The award was presented to Cabot Microelectronics at Samsung's Supplier Appreciation Day last month in California. Cabot Microelectronics Corporation was one of only four U.S. based suppliers to receive an award at this ceremony.
Mr. William Noglows, Chairman, President and CEO of Cabot Microelectronics Corporation stated, "It is an honor to receive an award such as this from Samsung. We believe it reflects our efforts to strive for excellence in every product and reflects our strong partnership with Samsung, an important and strategic customer. As part of our long term commitment to the Asia Pacific region we will continue to optimize our processes and systems to meet and exceed the needs of world class customers like Samsung."
Mr. Sang Kwon Nam, Senior Executive Vice President Procurement Team at Samsung commented, "This award recognizes Cabot Microelectronics Corporation's success in technology excellence and their efforts to implement continuous quality improvement systems which deliver consistent, high performing products. Samsung looks to partner with suppliers such as Cabot Microelectronics Corporation who strive for excellence and added value."
ABOUT CABOT MICROELECTRONICS CORPORATION
Cabot Microelectronics Corporation, headquartered in Aurora, Illinois, is the world's leading supplier of CMP slurries used in semiconductor and data storage manufacturing. The company's products play a critical role in the production of the most advanced semiconductor devices, enabling the manufacture of smaller, faster and more complex devices by its customers. Since becoming an independent public company in 2000, the company has grown to approximately 750 employees. The company's vision is to become the world leader in shaping, enabling and enhancing the performance of surfaces, so the company is leveraging its expertise in CMP slurry formulation, materials and polishing techniques developed for the semiconductor industry and applying it to demanding surface modification applications in other industries where shaping, enabling and enhancing the performance of surfaces is critical to success. For more information about Cabot Microelectronics Corporation, visit www.cabotcmp.com or contact Amy Ford, Director of Investor Relations at (630) 499-2600.
SAFE HARBOR STATEMENT
This news release may include statements that constitute "forward looking statements" within the meaning of federal securities regulations. These forward-looking statements include statements related to: future sales and operating results; company and industry growth or trends; growth of the markets in which the company participates; international events; product performance; the generation, protection and acquisition of intellectual property, and litigation related to such intellectual property; new product introductions; development of new products, technologies and markets; the acquisition of or investment in other entities; and the construction of new or refurbishment of existing facilities by Cabot Microelectronics Corporation. These forward-looking statements involve a number of risks, uncertainties, and other factors, including those described from time to time in Cabot Microelectronics' filings with the Securities and Exchange Commission (SEC), that could cause actual results to differ materially from those described by these forward-looking statements. In particular, see "Risk Factors" in the company's quarterly report on Form 10-Q for the quarter ended June 30, 2007 and in the company's annual report on Form 10-K for the fiscal year ended September 30, 2006, both filed with the SEC. Cabot Microelectronics assumes no obligation to update this forward-looking information.
CONTACT: Cabot Microelectronics Corporation
Amy Ford, Director of Investor Relations
SOURCE: Cabot Microelectronics Corporation