Cypress Receives Solectron Preferred Supplier Award

6/18/2002 - Cypress Semiconductor Corporation (NYSE: CY) today announced it had received a Preferred Supplier Award from Solectron Corporation , a leading provider of electronics manufacturing and supply-chain management services. This is the first year that Solectron is conferring the award on its suppliers. The awards were handed out at Solectronís Supplier Day 2002 ceremony in Shanghai, China. The winners were selected for providing Solectron and its customers with a competitive advantage through consistently high performance. The winners participate in Solectronís global supplier performance management program, which includes an objective, data-driven evaluation against such criteria as price competitiveness, delivery, quality, supply-chain integration, and technology. Winning companies must garner scores of over 85 points out of 100 for two consecutive quarters on Solectronís score card.

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