KEMET Operations Not Affected by Japan Earthquake and Pacific Tsunami
Greenville, South Carolina (March 14, 2011) - KEMET Corporation (NYSE: KEM), a leading manufacturer of tantalum, ceramic, aluminum, film, paper and electrolytic capacitors, today announced that its operations have not been affected following Friday's magnitude 8.9 earthquake and resulting tsunami that left towns and villages in Japan devastated.
"In response to many inquiries from both our customers as well as analysts following our company, we want to confirm that KEMET's worldwide operations have not been affected by the Japan Earthquake and Pacific Tsunami," stated Per Loof, KEMET's Chief Executive Officer. "We are not aware of any issues in our materials supply chain as a result of the disaster. Therefore, our customers can expect no impact in our ability to fulfill orders. All of us at KEMET are keeping those affected by this horrific tragedy in our thoughts. We have been in contact with many of our Japanese colleagues offering both support and solace. KEMET is contributing to the American Red Cross National Disaster Relief Fund in support of their work in helping in the recovery of this disaster," continued Loof.
About KEMET
KEMET's common stock is listed on the NYSE under the symbol "KEM." At the Investor Relations section of our web site at www.KEMET.com/IR, users may subscribe to KEMET news releases and find additional information about our Company. KEMET applies world class service and quality to deliver industry leading, high performance capacitance solutions to its customers around the world and 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 www.kemet.com.
