Cabot Microelectronics Corporation Receives Inotera’s Outstanding Supplier Performance Award

Aurora, IL, Nov. 04, 2015 (GLOBE NEWSWIRE) — 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 it is one of four consumables suppliers that have earned an Outstanding Supplier Performance Award from Inotera Memories, Inc., a joint venture between Micron Technology, Inc. and Nanya Technology Corporation. Cabot Microelectronics was recognized for demonstrating outstanding performance in quality, technical service, cost, safety and logistics, for the period July 2014 through June 2015. The award was presented to the company at an award ceremony in Taiwan on October 22, 2015.

 

“We are very pleased to have earned Inotera’s Outstanding Supplier Performance Award,” stated David Li, President and CEO of Cabot Microelectronics. “We believe this recognition, consistent with awards we have received from other customers over the years, highlights our commitment to collaborating closely with our customers around the world to deliver innovative, high-quality, high-performing and reliable CMP solutions. We look forward to continuing our strong partnership with Inotera in the future.”

 

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, enabling the manufacture of smaller, faster and more complex devices by its customers. The company’s mission is to create value by developing reliable and innovative solutions, through close customer collaboration, that solve today’s challenges and help enable tomorrow’s technology. The company has approximately 1,100 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 factors and international 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 or investment in other entities; uses and investment of the company’s cash balance; 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 June 30, 2015 and in the company’s annual report on Form 10-K for the fiscal year ended September 30, 2014, both filed with the SEC. Cabot Microelectronics assumes no obligation to update this forward-looking information.

CONTACT: Trisha Tuntland
Director, Investor Relations
(630) 499-2600