Photronics Named Supplier of the Year by Fairchild Semiconductor
BROOKFIELD, Conn. -- November 06, 2012
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 ninth 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
Constantine ("Deno") Macricostas, Photronics' chairman and chief executive
officer commented, "We are particularly proud to receive this award from our
valued customer Fairchild Semiconductor. Our relationship dates back many
years, and we have always strived for excellence in customer service and
quality. This award is testament to the success of that continued commitment."
"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."
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.
Pete Broadbent, 203-775-9000
Vice President, Investor Relations & Marketing
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