KEMET Awards Digi-Key 2010 Catalog Distributor of the Year

GREENVILLE, S.C., Nov. 10, 2010 /PRNewswire/ -- KEMET Corporation (NYSE Amex: KEM), a leading manufacturer of tantalum, ceramic, aluminum, film, paper and electrolytic capacitors, today announced Digi-Key as the winner of its 2010 Catalog Distributor of the Year Award.

The award was presented by KEMET's Jim Bruorton, Vice President of Global Distribution Sales and Business Development and Mary Radford, Digi-Key Account Manager at Digi-Key headquarters in Thief River Falls, Minnesota. Accepting the award on behalf of Digi-Key was Mark Larson, President.

"To say that KEMET's sales growth for Digi-Key has been impressive would be a gross understatement. 'Meteoric growth' would be a far more accurate description," said Larson. "The KEMET product offering clearly aligns with the needs of a broad range of Digi-Key customers."

KEMET awards this honor each year to the catalog distributor who scores highest in a number of criteria. Digi-Key demonstrated record-breaking growth and superior performance during KEMET's fiscal 2010 year.  

About KEMET Corporation

KEMET's common stock is listed on theNYSE: Amex under the symbol "KEM." At the Investor Relations section of our web site at http://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 http://www.kemet.com.

About Digi-Key Corporation

As one of the world's fastest growing distributors of electronic components, Digi-Key Corporation has earned its reputation as an industry leader through its total commitment to service and performance. Digi-Key is a full-service provider of both prototype/design and production quantities of electronic components, offering more than 1.7 million products from over 440 quality name-brand manufacturers. A testament to Digi-Key's unparalleled commitment to service, North American design engineers have ranked Digi-Key #1 for Overall Performance for 18 consecutive years (EE Times Distribution Study/August 2009). Additional information and access to Digi-Key's broad product offering is available at www.digikey.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, generally adverse economic and industry conditions, including a decline in demand for the Company's products. Other risks and uncertainties may be described from time to time in the Company's reports and filings with the Securities and Exchange Commission.

SOURCE KEMET Corporation

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED