Aurora, IL, June 6, 2013 (GLOBE NEWSWIRE) -- Cabot Microelectronics Corporation (Nasdaq: CCMP), the world's leading supplier of chemical mechanical planarization (CMP) polishing slurries and a growing CMP pad supplier to the semiconductor industry, announced today that Texas Instruments (TI) presented Cabot Microelectronics with its Supplier Excellence Award (SEA) for its performance in 2012. TI recognized Cabot Microelectronics for its significant contributions in providing CMP slurry solutions in support of its fab operations world-wide.
"We are proud to have earned this Supplier Excellence Award from TI," stated William Noglows, Cabot Microelectronics' Chairman and CEO. "Among the thousands of suppliers to TI, Cabot Microelectronics is one of only twelve suppliers who won the award this year. We believe this recognition exemplifies our commitment to delivering the highest standards for quality, manufacturing efficiency and technology. We are honored to be recognized as an elite supplier among TI's broader supply chain."
"Our supply chain partners work with us to help our 100,000 customers transform the future," said Rob Simpson, Vice President of TI's Worldwide Procurement and Logistics. "We expect the same world class performance and execution from our suppliers that we expect from ourselves. Cabot Microelectronics, along with the other 2012 SEA winners, has demonstrated their outstanding commitment and ability to support and provide value to TI."
ABOUT CABOT MICROELECTRONICS CORPORATION
Cabot Microelectronics Corporation, headquartered in Aurora, Illinois, is the world's leading supplier of CMP polishing slurries and a growing CMP pad supplier to the semiconductor industry. The company's products play a critical role in the production of advanced semiconductor devices, enabling the manufacture of smaller, faster and more complex devices by its customers. The company's mission is to create value by developing reliable and innovative solutions, through close customer collaboration, that solve today's challenges and help enable tomorrow's technology. Since becoming an independent public company in 2000, the company has grown to approximately 1,050 employees on a global basis. For more information about Cabot Microelectronics Corporation, visit www.cabotcmp.com or contact Trisha Tuntland, Manager of Investor Relations at 630-499-2600.
SAFE HARBOR STATEMENT
This news release may include statements that constitute "forward looking statements" within the meaning of federal securities regulations. These forward-looking statements include statements related to: future sales and operating results; company and industry growth, contraction or trends; growth or contraction of the markets in which the company participates; international events, regulatory or legislative activity, or various economic factors; product performance; the generation, protection and acquisition of intellectual property, and litigation related to such intellectual property; new product introductions; development of new products, technologies and markets; natural disasters; the acquisition of or investment in other entities; uses and investment of the company's cash balance; financing facilities and related debt, payment of principal and interest, and compliance with covenants and other terms; the company's capital structure; and the construction and operation of facilities by Cabot Microelectronics Corporation. These forward-looking statements involve a number of risks, uncertainties, and other factors, including those described from time to time in Cabot Microelectronics' filings with the Securities and Exchange Commission (SEC), that could cause actual results to differ materially from those described by these forward-looking statements. In particular, see "Risk Factors" in the company's quarterly report on Form 10-Q for the quarter ended March 31, 2013 and in the company's annual report on Form 10-K for the fiscal year ended September 30, 2012, both filed with the SEC. Cabot Microelectronics assumes no obligation to update this forward-looking information.
CONTACT: Trisha Tuntland Manager, Investor Relations 630-499-2600
Source:Cabot Microelectronics Corporation