| Greenville, South Carolina (August 29, 2003) - KEMET Corporation (NYSE:KEM) announced today that it has purchased an equity position in Lamina Ceramics, Inc. (“Lamina Ceramics”), and has entered into a business agreement with Lamina Ceramics to develop and commercialize high-performance, low-temperature co-fired ceramic-on-metal (“LTCC-M”) solutions for advanced electronic systems.
Commenting on the investment, Dr. Jeffrey A. Graves, KEMET's President and CEO, stated, “The equity position in Lamina Ceramics is another important step in KEMET’s strategy to be on the leading edge of emerging technologies. The LTCC-M technology will allow KEMET to broaden its high-performance capacitance solutions to support our customers’ ever-increasing technical requirements.”
Lamina Ceramics is a manufacturer of multilayer ceramic electronic packages, boards, and components, using proprietary low-temperature, co-fired ceramic–on-metal (LTCC-M) technology. Applications include RF/microwave assemblies, opto-electronic packages, solid state light engines and packages, and automotive circuits. The company is based in Westampton, New Jersey.
KEMET Corporation provides industry-leading, high-performance capacitor solutions, including the world’s most complete line of surface–mount capacitor technologies across tantalum, ceramic, and solid aluminum dielectrics, provided with the world’s best quality, delivery, and service. KEMET's common stock is listed on The New York Stock Exchange under the symbol KEM. |
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