SMTC Completes the Asset Acquisition of Seksun Array Electronics (Suzhou) Co. Ltd.

SMTC Completes the Asset Acquisition of Seksun Array Electronics (Suzhou) Co.
Ltd.

Transaction Broadens Footprint in China for Global Electronics Manufacturing
Services Provider

TORONTO, Dec. 4, 2012 (GLOBE NEWSWIRE) -- SMTC Corporation (Nasdaq:SMTX)
("SMTC"), a global electronics manufacturing services provider, announced that
it has completed the previously announced transaction to acquire the
manufacturing assets of Seksun Array Electronics (Suzhou) Co. Ltd. ("Seksun")
in Suzhou, China. The ISO-certified facility will specialize in manufacturing
mid–low mix / mid-high volume electronics equipment for some of the world's
leading telecommunication, wireless, life science and automotive equipment
manufacturers.

President and Chief Executive Officer of SMTC, Claude Germain stated, "The
purchase price of the Seksun Array Electronics assets will be approximately
$2.0 million, which will be funded through our bank debt facility. We expect
this transaction to be immediately accretive."

About SMTC Corporation: SMTC Corporation, founded in 1985, is a mid-size
provider of end-to-end electronics manufacturing services (EMS) including PCBA
production, systems integration and comprehensive testing services, enclosure
fabrication, as well as product design, sustaining engineering and supply
chain management services. SMTC facilities span a broad footprint in the
United States, Canada, Mexico, and China, with more than 1,875 full-time
employees. SMTC services extend over the entire electronic product life cycle
from the development and introduction of new products through to the growth,
maturity and end-of-life phases. SMTC offers fully integrated contract
manufacturing services with a distinctive approach to global original
equipment manufacturers (OEMs) and emerging technology companies primarily
within industrial, computing and communication market segments. SMTC was
recognized in 2012 by Frost & Sullivan with the Global EMS Award for Product
Quality Leadership.

SMTC is a public company incorporated in Delaware with its shares traded on
the Nasdaq Global Market under the symbol SMTX. For further information on
SMTC Corporation, please visit our website at www.smtc.com

The SMTC Corporation logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=9800

CONTACT: Investor Relations Information:
         Claude Germain
         President and Chief Executive Officer
         Telephone: (905) 413.1272
         Email: investorrelations@smtc.com
         or
         John Nesbett/Jennifer Belodeau
         Institutional Marketing Services (IMS)
         Telephone: (203) 972-9200
         Email: jnesbett@institutionalms.com
        
         Public Relations Information:
         Tom Reilly
         Director of Marketing
         Telephone: (905) 413.1188
         Email: publicrelations@smtc.com

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