Kemet Forms New Advanced Technology Group World-Class Talent to Focus on Leading-Edge Technology
Greenville, South Carolina (December 19, 2006) -Ensuring it remains on the forefront of technology, today KEMET Corporation (NYSE: KEM) announces the creation of an Advanced Technology Group that will act as an incubator for the identification and proliferation of electronic capacitance technology.
This new department will be led by Dr. Philip Lessner, who is being promoted to Chief Technology Officer and Chief Scientist. The Group is staffed with the best and brightest scientists on the KEMET team, including Yuri Freeman, John Prymak and Mike Randall.
"KEMET is committed to being a leader in technology," says Per-Olof Loof, Chief Executive Officer. "Dr. Lessner brings 20 years of solid experience to the table, and we have chosen unparalleled talent to back him up. I am looking forward to providing all the support required to help them in these critical roles. The future of our industry will be directed by technology advancements, and KEMET intends to play a significant role in shaping that future."
In addition to developing burgeoning technologies and processes in the industry, the Advanced Technology Group will assist KEMET in evaluating alliances and acquisition prospects, as well as establishing relationships with complementary technology, educational and research institutions.
Lessner is excited about being appointed CTO and Chief Scientist of KEMET Corporation and leading the Advanced Technology Group, and is eager to start implementing programs.
"The Group is creating a future technology roadmap, if you will," says Lessner. "Our goals are to turn ideas into reality, and then hand them over to the appropriate Business Units or Engineering Groups to deliver state-of-the-art products to our customers."
These changes position KEMET to continue to make advances in technology and innovations in the passive components industry.
KEMET Corporation provides industry-leading, high-performance capacitance solutions, including the world's most complete line of surface-mount capacitor technologies across tantalum, ceramic and solid aluminum dielectrics-along 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. KEMET is an ISO 9001:2000 and ISO/TS 16949:2002 registered company.
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Contact: Dean W. Dimke
Director of Corporate and Marketing Communication
deandimke@kemet.com
864-228-4448
