Photronics Named Supplier of the Year by Fairchild Semiconductor
BROOKFIELD, Conn.--(BUSINESS WIRE)--
Photronics,
Inc. (Nasdaq:PLAB), a worldwide leader in supplying innovative
imaging technology solutions for the global electronics industry, today
announced that Fairchild Semiconductor has awarded the company its
Photomask Supplier of the Year Award. This is the eighth time that
Photronics has received this award. Each year Fairchild Semiconductor's
wafer fab operations in the United States and Korea rank their key
suppliers in the categories of Quality, Delivery, Service, Technology &
Systems, and Cost of Ownership. The criteria requires that each
Photronics manufacturing site(s) worldwide must achieve a rating of
greater than 90% in all categories for each Fairchild wafer
manufacturing location.
Constantine ("Deno") Macricostas, Photronics' chairman and chief
executive officer commented, "Photronics strives to maintain outstanding
value, quality and customer service. Our relationship with Fairchild
Semiconductor continues to develop and strengthen every year. We
appreciate their vote of confidence in awarding Photronics the coveted
2010 Supplier of the Year award and look forward to continuing our
highly valued partnership."
"Our customers need to differentiate themselves in the market place, and
they expect excellent quality as part of our commitment to help them
succeed. Photronics continues to exceed expectations," stated Stephen
Wallace, Fairchild Semiconductor's Global Photomask Commodity Manager.
"The Photomask Supplier of the Year Award, named after C. Sheldon
Roberts, one of Fairchild Semiconductor's original founders in 1957, is
presented to the supplier that meets our stringent goals. We're pleased
to present the award to Photronics, and look forward to enhancing our
solid relationship with them in the future."
About Photronics
Photronics
is a leading worldwide manufacturer of photomasks.
Photomasks are high precision quartz plates that contain microscopic
images of electronic circuits. A key element in the manufacture of
semiconductors and flat panel displays, photomasks are used to transfer
circuit patterns onto semiconductor wafers and flat panel substrates
during the fabrication of integrated circuits, a variety of flat panel
displays and, to a lesser extent, other types of electrical and optical
components. They are produced in accordance with product designs
provided by customers at strategically located manufacturing
facilities in Asia, Europe, and North America. Additional
information on the Company can be accessed at www.photronics.com.
The Private Securities Litigation Reform Act of 1995 provides a "safe
harbor" for forward-looking statements made by or on behalf of
Photronics, Inc. and its subsidiaries (the Company). The forward-looking
statements contained in this press release and other parts of
Photronics' web site involve risks and uncertainties that may affect the
Company's operations, markets, products, services, prices, and other
factors. These risks and uncertainties include, but are not limited to,
economic, competitive, legal, governmental, and technological factors.
Accordingly, there is no assurance that the Company's expectations will
be realized. For a fuller discussion of the factors that may affect the
Company's operations, see "Forward Looking Statements" in the Company's
Quarterly and Annual Reports to the Securities and Exchange Commission
on Forms 10-Q and 10-K. The Company assumes no obligation to provide
revisions to any forward-looking statements.
About Fairchild Semiconductor
Fairchild
Semiconductor (NYSE: FCS) — global presence, local support, smart
ideas. Fairchild delivers energy-efficient, easy-to-use and value-added
semiconductor solutions for power
and mobile
designs. We help our customers differentiate their products and solve
difficult technical challenges with our expertise in power and signal
path products. Please contact us on the web at www.fairchildsemi.com
17-2011
Photronics
Sean T. Smith
Senior Vice President
Chief
Financial Officer
(203)775-9000
ssmith@photronics.com
Source: Photronics
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