Cabot Microelectronics Corporation Receives Supplier Excellence Award from Texas Instruments
April 06 2017 - 3:39PM
Cabot Microelectronics Corporation (Nasdaq: CCMP), the world’s
leading supplier of chemical mechanical planarization (CMP)
polishing slurries and a growing CMP pad supplier to the
semiconductor industry, announced today that Texas Instruments (TI)
presented its Supplier Excellence Award to Cabot Microelectronics
Corporation, recognizing its performance in 2016. The company was
one of only 16 suppliers, and the only CMP slurry and polishing pad
supplier, to be honored with the award, out of more than 12,000
suppliers to TI. Cabot Microelectronics was recognized for its
commitment to the highest level of ethical behavior, and
exceptional performance in the areas of cost, environmental and
social responsibility, technology, responsiveness, assurance of
supply and quality. This award is TI’s highest level of supplier
recognition, acknowledging truly exceptional and world-class
execution.“We are delighted to have earned TI’s highest level of
supplier recognition, the Supplier Excellence Award,” said David
Li, President and CEO of Cabot Microelectronics. “This recognition
is a testament to our demonstrated capability to deliver
high-performing, high-quality CMP slurries and pads that help solve
our customers’ challenges. We are proud of our long-term
relationship with TI and look forward to continued collaboration
and growth together in the future.”"Our supply chain partners
collaborate with us to provide the differentiated solutions our
customers need to innovate and get to market first," said Rob
Simpson, Vice President of TI's Worldwide Procurement and
Logistics. "Our most critical suppliers, like Cabot
Microelectronics, are paramount to our success and help us serve
our customers and achieve our priorities through outstanding
quality, innovation, execution and performance."An announcement was
made on TI’s website; for additional details click here.
ABOUT CABOT MICROELECTRONICS CORPORATION
Cabot Microelectronics Corporation, headquartered in Aurora,
Illinois, is the world's leading supplier of CMP polishing slurries
and a growing CMP pad supplier to the semiconductor industry. The
company’s products play a critical role in the production of
advanced semiconductor devices, helping to enable the manufacture
of smaller, faster and more complex devices by its customers. The
company's mission is to create value by delivering high-performing
and innovative solutions that solve its customers’ challenges. The
company has approximately 1,125 employees on a global basis. For
more information about Cabot Microelectronics Corporation, visit
www.cabotcmp.com or contact Trisha Tuntland, Director of Investor
Relations at 630-499-2600.
SAFE HARBOR STATEMENT
This news release may include statements that constitute
“forward looking statements” within the meaning of federal
securities regulations. These forward-looking statements include
statements related to: future sales and operating results; growth
or contraction, and trends in the industry and markets in which the
company participates; the company’s management; various economic or
political factors and international or national events; regulatory
or legislative activity; product performance; the generation,
protection and acquisition of intellectual property, and litigation
related to such intellectual property; new product introductions;
development of new products, technologies and markets; the
company’s supply chain; natural disasters; the acquisition of,
investment in, or collaboration with other entities; uses and
investment of the company’s cash balance, including dividends and
share repurchases, which may be suspended, terminated or modified
at any time for any reason, based on a variety of factors;
financing facilities and related debt, payment of principal and
interest, and compliance with covenants and other terms; the
company’s capital structure; the company’s current or future tax
rate; and the operation of facilities by Cabot Microelectronics
Corporation. These forward-looking statements involve a number of
risks, uncertainties, and other factors, including those described
from time to time in Cabot Microelectronics’ filings with the SEC,
that could cause actual results to differ materially from those
described by these forward-looking statements. In particular, see
"Risk Factors" in the company’s quarterly report on Form 10-Q for
the quarter ended December 31, 2016 and in the company’s annual
report on Form 10-K for the fiscal year ended September 30, 2016,
both filed with the SEC. Cabot Microelectronics assumes no
obligation to update this forward-looking information.
Trisha Tuntland
Director of Investor Relations
(630) 499-2600
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