Flextronics Honors Cypress Semiconductor with Global Supplier Performance Award

2/12/2003 - Flextronics (NASDAQ: FLEX), a global provider of operational services focused on delivering design, engineering, test, manufacturing and logistics solutions to technology companies, announced awarding seven top suppliers with Flextronics’ 2002 Global Supplier Performance Award.

As part of the event, Flextronics awarded suppliers who provided world-class support in the areas of quality, total cost, global account management, supply chain and design.

“Our supply base delivers more than USD$10 billion in products and services a year,” said Steve Martson, senior vice president and chief procurement officer of Flextronics. “Given the important role they play in our success, it’s a pleasure to take this opportunity to recognize our top suppliers for their outstanding performance.”

Recipients of the 2002 Global Supplier Performance Awards included:

Cypress Semiconductor Corporation (NYSE: CY), a leading provider of high-performance solutions for personal, network access, enterprise, metro switch, and core communications-system applications.

KEMET Electronics Corporation (NYSE: KEM), a global supplier of capacitor solutions with a long-term leading position in tantalum products, a rapidly expanding MLCC product line, and leading-edge tantalum and aluminum organic polymer product offerings.

KOA Corporation, a leading supplier of surface mount and thru-hole resistors, tantalum chip capacitors, resistor networks, inductors, integrated components, circuit protection and EMI/EMC filtering components.

ON Semiconductor (NASDAQ: ONNN), offering an extensive portfolio of power- and data-management semiconductors and standard semiconductor components that address the design needs of today's sophisticated electronic products, appliances and automobiles.

Texas Instruments Incorporated (NYSE: TXN), providing innovative DSP and analog technologies to meet customers' real-world signal processing requirements. In addition to semiconductor, the company's businesses include sensors & controls, and educational & productivity solutions.

Three-Five Systems, Inc. (NYSE: TFS), a worldwide supplier and recognized leader in providing display system solutions, as well as engineering and manufacturing services, to original equipment manufacturers.

Tyco Electronics Corporation, a major unit of Tyco International Ltd. (NYSE: TYC, LSE: TYI, BSX: TYC), Tyco Electronics is world’s largest passive electronic components manufacturer and leader in cutting-edge wireless, active fiber optic, and complete power systems technologies.

About Flextronics
Headquartered in Singapore, Flextronics is the leading Electronics Manufacturing Services (EMS) provider focused on delivering operational services to technology companies. With fiscal year 2002 revenues of USD$13.1 billion and approximately 95,000 employees, Flextronics is a major global operating company with design, engineering, manufacturing, and logistics operations in 29 countries and five continents. This global presence allows for manufacturing excellence through a network of facilities situated in key markets and geographies that provide customers with the resources, technology, and capacity to optimize their operations. Flextronics’ ability to provide end-to-end operational services that include innovative product design, test solutions, manufacturing, IT expertise, network services, and logistics has established the Company as the leading EMS provider. For more information, please visit www.flextronics.com.

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