KEMET Wins 2009 Innovision Award for Technology Development
Greenville, South Carolina (November 9, 2009) -- KEMET Corporation (KEME.OB), a leading manufacturer of tantalum, multilayer ceramic, solid aluminum, plastic film, paper and electrolytic capacitors, was honored on November 4, during an awards dinner ceremony at the Carolina First Center in Greenville, South Carolina, with the 2009 InnoVision Technology Award in the Technology Development category. The award was accepted on behalf of KEMET by Randy Hahn, Senior Director, Valve-Metal Technologies.
The winning project from the KEMET Tantalum Business Group was for its first-to-market 35 V Tantalum-polymer capacitor (T521 series). This product was launched earlier this year after several years of development and uses a new intrinsically conducting polymer system as the cathode. This new system allows the capacitor to operate at higher voltage than current Tantalum-polymer capacitors and has much lower equivalent series resistance (ESR) than traditional tantalum-manganese dioxide solid tantalum capacitors. This product is intended to be used in high power circuits up to 28 V wherever high power conversion efficiency is required. It has already been designed into applications in medical, telecommunications, consumer, and computer applications. One United States patent has been issued to KEMET for this technology and several other United States and foreign patent applications are in process.
“KEMET is honored to receive this prestigious award, and it is extremely gratifying for the Company. Over the last few years we have intensified our focus on becoming a leader in technology,” said Dr. Philip Lessner, KEMET Chief Technology Officer. “Receiving this award is confirmation that we are making significant advancements on this goal. I’m proud of the work our team does on a daily basis and I look forward to more awards and patents from them in the future.”
About KEMET
KEMET Corporation (KEME.OB) applies world-class service and quality to deliver industry-leading, high-performance capacitance solutions to its customers around the world. KEMET offers the world's most complete line of surface-mount and through-hole capacitor technologies across tantalum, ceramic, film, aluminum, electrolytic, and paper dielectrics. Additional information about KEMET can be found at http://www.kemet.com.
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Certain statements included herein contain forward-looking statements within the meaning of federal securities laws about KEMET Corporation’s (the "Company") financial condition and results of operations that are based on management's current expectations, estimates and projections about the markets in which the Company operates, as well as management's beliefs and assumptions. Words such as "expects," "anticipates," "believes," "estimates," variations of such words and other similar expressions are intended to identify such forward-looking statements. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions, which are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in, or implied by, such forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect management's judgment only as of the date hereof. The Company undertakes no obligation to update publicly any of these forward-looking statements to reflect new information, future events or otherwise.
Factors that may cause actual outcome and results to differ materially from those expressed in, or implied by, these forward-looking statements include, but are not necessarily limited to, generally adverse economic and industry conditions, the ability to maintain sufficient liquidity to realize current operating plans, and the ability to attract, train and retain effective employees and management. Other risks and uncertainties may be described from time to time in the Company’s other reports and filings with the Securities and Exchange Commission.
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 | Contact: | Dean W. Dimke
Director of Corporate and
Investor Communication
954-766-2806
deandimke@kemet.com |
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