Celestica Recognizes Cypress With Third Year Global Supplier Award.Business Editors/High Tech Writers SAN JOSE San Jose, city, United States San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850. , Calif.--(BUSINESS WIRE)--July 11, 2001 Celestica's Partners in Performance Award Highlights Cypress's Continued Success in Addressing Celestica's Supply Chain Requirements Cypress Semiconductor (NYSE NYSE See: New York Stock Exchange : CY) today announced that it has received its third Partners in Performance award by Celestica Inc. (NYSE, TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). : CLS (Common Language Specification) The structure and syntax of .NET and CLI programming languages. See .NET. ), a world leader in electronics manufacturing services Electronic manufacturing services (EMS) is term used for companies that design, test, manufacture, distribute and provide return/repair services for electronic component and assemblies for original equipment manufacturers (OEMs). (EMS). Awards were handed out to select suppliers at Celestica's third annual Global Supplier Awards in Toronto. The awards were given in recognition of outstanding achievements and support of Celestica's electronics manufacturing services goals. This is the fourth supplier recognition award Cypress has received from Celestica in the last four years. "We are very pleased to be recognized once again by Celestica for our efforts to help them meet their supply-chain objectives through our strategic programs and dedicated account support," said Bien Irace, Cypress's director, worldwide contract manufacturing channel. "This award underscores Cypress's continued commitment to the contract manufacturing channel worldwide." The Partners in Performance awards are given to suppliers based on their ability to support Celestica's supply chain management objectives in the following areas: flexibility and responsiveness, impact on asset management, effectiveness and efficiency, and overall supplier performance. "Cypress's support of Celestica's supply chain requirements were essential to the success of Celestica's relationships with its customers," said Karlheinz Totz, vice president, corporate commodity management, Celestica. "We're proud to recognize Cypress as one of Celestica's Partners in Performance." About Celestica Celestica is a world leader in electronics manufacturing services (EMS) for industry-leading original equipment manufacturers (OEMs), primarily in the computer and communications sectors. With facilities in North America, Europe, Asia and Latin America, Celestica provides a broad range of services including design, prototyping, assembly, testing, product assurance, supply chain management, worldwide distribution and after-sales service. For further information on Celestica, visit its Web site at http://www.celestica.com. The company's security filings can also be accessed at http://www.sedar.com and http://www.sec.gov.com. About Cypress Cypress Semiconductor is "Driving the Communications Revolution"(TM) by providing high-performance integrated circuit solutions to fast-growing markets, including data communications, telecommunications, computation, consumer products, and industrial control. With a focus on emerging communications applications, Cypress's product portfolios include high-speed data communications ICs; networking-optimized and micropower static RAMs; high-bandwidth multi-port and FIFO (First In First Out) A storage method that retrieves the item stored for the longest time. Contrast with LIFO. See traffic engineering methods. FIFO - first-in first-out memories; high-density programmable logic devices; timing technology solutions; and controllers for Universal Serial Bus See USB. (hardware, standard) Universal Serial Bus - (USB) An external peripheral interface standard for communication between a computer and external peripherals over an inexpensive cable using biserial transmission. (USB USB in full Universal Serial Bus Type of serial bus that allows peripheral devices (disks, modems, printers, digitizers, data gloves, etc.) to be easily connected to a computer. ). More than two-thirds of Cypress's sales come from fast-growing communications markets and dynamic companies such as Alcatel, Cisco, Ericsson, Lucent, Motorola, Nortel Networks, and 3Com. Cypress's ability to mix and match its broad portfolio of intellectual property enables targeted, integrated solutions for high-speed systems that feed bandwidth-hungry Internet applications. Cypress aims to become the preferred silicon supplier for Internet switching systems and for every Internet data stream to pass through at least one Cypress IC. Cypress employs more than 4,700 people worldwide with international headquarters in San Jose, California San Jose (IPA: /ˌsænhoʊˈzeɪ/) is the third-largest city in California, and the tenth-largest in the United States. It is the county seat of Santa Clara County. . Its shares are listed on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. under the symbol CY. More information about Cypress is accessible electronically on the company's worldwide Web site at http://www.cypress.com. "Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " Statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995: Statements herein that are not historical facts are "forward-looking statements" involving risks and uncertainties, including by not limited to: the effect of global economic conditions, shifts in supply and demand, market acceptance, the impact of competitive products and pricing, product development, commercialization and technological difficulties, and capacity and supply constraints. Please refer to Cypress's Securities and Exchange Commission filings for a discussion of such risks. "Driving the Communications Revolution" is a trademark of Cypress Semiconductor. |
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