Aurora, IL, Apr 19, 2011 (GlobeNewswire via COMTEX) --
Cabot Microelectronics Corporation has been recognized to receive Intel Corporation's Preferred Quality Supplier (PQS) award for their performance in 2010. Along with 15 other companies, Cabot Microelectronics Corporation is recognized for their significant contributions providing Intel with chemical mechanical polish slurries, deemed essential to Intel's success.
"We are pleased to have earned Intel's prestigious Preferred Quality Supplier award again this year," stated William P. Noglows, Cabot Microelectronics' Chairman and CEO."We believe it is a testament to our ability to reliably supply innovative, high performing CMP solutions on a consistent basis that meet or exceed the high quality requirements of Intel, whom we value as a long-term strategic partner. We are proud to have been awarded this distinction in four of the last five years."
"Intel is very pleased to present Cabot Microelectronics Corporation with the 2010 Preferred Quality Supplier award," said Tim Hendry, vice president of Intel's Technology and Manufacturing Group and director of Fab Materials Operation. "Cabot Microelectronics Corporation consistently delivered materials that met Intel's technical requirements and quality standards. Cabot's dedication to provide reliable performance, innovative CMP technical solutions and customer focused service are key attributes recognized with this award. Intel values Cabot's commitment to Intel requirements and we look forward to greater success in 2011."
The PQS award is part of Intel's Supplier Continuous Quality Improvement (SCQI) program that encourages suppliers to strive for excellence and continuous improvement. To qualify for PQS status, suppliers must score 80 percent on a report card that assesses performance and ability to meet cost, quality, availability, technology and environmental, social and governance goals. Suppliers must also achieve 80 percent or greater on a challenging improvement plan and demonstrate solid quality and business systems. Additional information about the SCQI program is available at http://supplier.intel.com/quality.
A celebration to honor PQS award winners will be held in conjunction with Intel's Supplier Day in Scottsdale, Arizona. In addition, there will be an announcement on Intel's website at http://intel.com/.
About Cabot Microelectronics Corporation
Cabot Microelectronics Corporation, headquartered in Aurora, Illinois, is the world's leading supplier of CMP polishing slurries and a growing CMP pad supplier to the semiconductor industry. The company's products play a critical role in the production of advanced semiconductor devices, enabling the manufacture of smaller, faster and more complex devices by its customers. The company's mission is to create value by developing reliable and innovative solutions, through close customer collaboration, that solve today's challenges and help enable tomorrow's technology. Since becoming an independent public company in 2000, the company has grown to approximately 975 employees on a global basis. For more information about Cabot Microelectronics Corporation, visit www.cabotcmp.com or contact Amy Ford, Director of Investor Relations at (630) 499-2600.
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SOURCE: Cabot Microelectronics Corporation
CONTACT: Amy Ford Director of Investor Relations (630) 499-2600