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Microsemi Recognized by Celestica with 2016 Total Cost of Ownership Supplier Award, Winning "Best Design Partner"
[October 10, 2017]

Microsemi Recognized by Celestica with 2016 Total Cost of Ownership Supplier Award, Winning "Best Design Partner"


ALISO VIEJO, Calif., Oct. 10, 2017 /PRNewswire/ -- Microsemi Corporation (Nasdaq: MSCC), a leading provider of semiconductor solutions differentiated by power, security, reliability and performance, today announced it was awarded a 2016 Total Cost of Ownership (TCOO™) Supplier Award, "Best Design Partner," from Celestica, a leader in design, manufacturing and supply chain solutions for the world's most innovative companies. Celestica's awards program recognizes suppliers that provide the best TCOO performance to Celestica and support the company's overall business objectives.

Microsemi Corporation. (PRNewsFoto/Microsemi Corporation)

"We are excited to be recognized by Celestica with the 'Best Design Partner' award, as we greatly value our relationship and look forward to future opportunities for our teams to collaborate," said Derek Dicker, vice president and business unit manager of performance storage at Microsemi. "This prestigious honor not only validates our leadership in delivering world class flash solutions, but also acknowledges our team's role in providing Celestica with best-in-class support to enable its impressive time to market."

"I am pleased to recognize Microsemi, one of Celestica's long-time partners, with the Best Design Partner Award," said Paul Blom, Chief Procurement Officer, Celestica. "Microsemi has been instrumental in the development of innovative design solutions, going above and beyond in its support of Celestica."

Celestica's TCOO Supplier Awards program evaluates and recognizes the top performers in Celestica's global network of over 4,000 suppliers. Celestica's TCOO system is focused on evaluating supplier performance by measuring the total cost to produce, deliver and support products and services beyond the supplier invoice price. As such, it considers the following supplier attributes: quality, delivery, price, flexibility, innovation and technology.

About Microemi

Microsemi Corporation (Nasdaq: MSCC) offers a comprehensive portfolio of semiconductor and system solutions for aerospace & defense, communications, data center and industrial markets. Products include high-performance and radiation-hardened analog mixed-signal integrated circuits, FPGAs, SoCs and ASICs; power management products; timing and synchronization devices and precise time solutions, setting the world's standard for time; voice processing devices; RF solutions; discrete components; enterprise storage and communication solutions, security technologies and scalable anti-tamper products; Ethernet solutions; Power-over-Ethernet ICs and midspans; as well as custom design capabilities and services. Microsemi is headquartered in Aliso Viejo, California, and has approximately 4,800 employees globally. Learn more at www.microsemi.com.

Microsemi and the Microsemi logo are registered trademarks or service marks of Microsemi Corporation and/or its affiliates. Third-party trademarks and service marks mentioned herein are the property of their respective owners.


"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Any statements set forth in this news release that are not entirely historical and factual in nature, including without limitation statements related to it being awarded a 2016 TCOO Supplier Award, "Best Design Partner," from Celestica, a leader in design, manufacturing and supply chain solutions for the world's most innovative companies, and its potential effects on future business, are forward-looking statements. These forward-looking statements are based on our current expectations and are inherently subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements. The potential risks and uncertainties include, but are not limited to, such factors as rapidly changing technology and product obsolescence, potential cost increases, variations in customer order preferences, weakness or competitive pricing environment of the marketplace, uncertain demand for and acceptance of the company's products, adverse circumstances in any of our end markets, results of in-process or planned development or marketing and promotional campaigns, difficulties foreseeing future demand, potential non-realization of expected orders or non-realization of backlog, product returns, product liability, and other potential unexpected business and economic conditions or adverse changes in current or expected industry conditions, difficulties and costs in implementing the company's acquisitions and divestitures strategy or integrating acquired companies, uncertainty as to the future profitability of acquired businesses and realization of accretion from acquisition transactions, difficulties and costs of protecting patents and other proprietary rights, inventory obsolescence and difficulties regarding customer qualification of products. In addition to these factors and any other factors mentioned elsewhere in this news release, the reader should refer as well to the factors, uncertainties or risks identified in the company's most recent Form 10-K and all subsequent Form 10-Q reports filed by Microsemi with the SEC. Additional risk factors may be identified from time to time in Microsemi's future filings. The forward-looking statements included in this release speak only as of the date hereof, and Microsemi does not undertake any obligation to update these forward-looking statements to reflect subsequent events or circumstances.

Source: Microsemi Corporation

 

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SOURCE Microsemi Corporation


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