KEMET Confirms Date for Investor and Analyst Presentation
Greenville, South Carolina (November 10, 2009) -- KEMET Corporation (KEME.OB), a leading manufacturer of tantalum, multilayer ceramic, solid aluminum, plastic film, paper and electrolytic capacitors, previously announced that it will hold a conference for investors and analysts on Wednesday, November 11, 2009 at 9:00 a.m. (EST). The meeting will be held in the East Suite, 4th floor, at the Hilton New York, 1335 Avenue of the Americas, New York, NY.
Investors not in attendance at the meeting in the United States may dial 1-800-416-8033, and participants outside the United States should dial 1-706-643-0979 to listen to the presentation in a “Listen Only” mode. Participants should reference “KEMET Corporation” and Conference ID # 40796003. Questions will be taken only from those in attendance at the meeting. A copy of the presentation will be posted on the company’s website prior to the beginning of the meeting. A replay of the call will be available until midnight, November 25, 2009. Those wishing to attend the meeting were requested to contact KEMET by November 5, 2009, through Cheryl Reynolds at 864-967-6892 to confirm their reservation.
Per Loof, KEMET’s Chief Executive Officer, and William Lowe, KEMET’s EVP and Chief Financial Officer, will both be making presentations.
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.
Cautionary Statement on Forward-looking Statements
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 the following: (i) generally adverse economic and industry conditions, including a decline in demand for the Company’s products; (ii) the ability to generate and maintain sufficient liquidity to realize current operating plans and satisfy our liquidity requirements; (iii) the effect of receiving a going concern statement in our auditor’s report on our 2009 audited financial statements; (iv) the ability to comply with the financial covenants under our credit facilities; (v) adverse economic conditions could cause further reevaluation of the fair value of our reporting segments and the write down of long-lived assets; (vi) the cost and availability of raw materials; (vii) changes in the competitive environment of the Company; (viii) economic, political, or regulatory changes in the countries in which the Company operates; (ix) the ability to successfully integrate the operations of acquired businesses; (x) the ability to attract, train and retain effective employees and management; (xi) the ability to develop innovative products to maintain customer relationships; (xii) the impact of environmental issues, laws, and regulations; (xiii) the Company’s ability to finance and achieve the expected benefits of its manufacturing relocation plan or other restructuring plan; (xiv) volatility of financial and credit markets which would affect access to capital for the Company; (xv) increased difficulty or expense in accessing capital because of the Company’s delisting of common stock from the New York Stock Exchange; (xvi) exposure to foreign exchange (gains) and losses; (xvii) need to reduce costs to offset downward price trends; (xviii) potential limitation on use of net operating losses to offset possible future taxable income; (xix) dilution as a result of the issuance of a warrant to K Financing, LLC; and (xx) exercise of the warrant by K Financing, LLC may result in the existence of a controlling shareholder. 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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