SMTC Wins 2013 North American Growth Leadership Award From Frost & Sullivan

SMTC Wins 2013 North American Growth Leadership Award From Frost & Sullivan

Global EMS Provider Recognized as One of the Fastest Growth Companies in 2012

TORONTO, Feb. 7, 2013 (GLOBE NEWSWIRE) -- SMTC Corporation (Nasdaq:SMTX)
("SMTC"), a global electronics manufacturing services provider, today
announced it has received the 2013 North American Frost & Sullivan Award for
Growth Leadership in the Electronics Manufacturing Service (EMS) Industry.

Based on its recent analysis of the electronics manufacturing services (EMS)
market, Frost & Sullivan have recognized SMTC Corporation with the 2013 North
America Award for Growth Leadership. Each year, Frost & Sullivan presents this
award to the company that demonstrates excellence in capturing the highest
annual compound growth rate for the past three years.

"SMTC offers cost optimization benefits without compromising quality and
delivery performance for its wide customer base," said Frost & Sullivan
Research Analyst Lavanya Rammohan. "The company also partners with customers
to not just provide manufacturing, but also engineering and design solutions
as well, thereby tightening integration and long-term relationships."

"We are pleased to have our growth recognized by Frost and Sullivan," stated
Claude Germain, co-Chief Executive Officer at SMTC. "Two of our strategic
objectives are related to delivering profitable top line growth – generating
new account revenues from Business Development, and growing revenues from
existing accounts via Account Management. Combined, these strategic
initiatives are aiming to deliver, over the long term, 10% year over year
organic revenue growth. As part of this effort, we continue to target
midmarket international OEM's, especially in the industrial, telecom and
computing industries."

Frost & Sullivan Best Practices Awards recognize companies in a variety of
regional and global markets for demonstrating outstanding achievement and
superior performance in areas such as leadership, technological innovation,
customer service and strategic product development. Industry analysts compare
market participants and measure performance through in-depth interviews,
analysis and extensive secondary research to identify best practices in the
industry.

Visit SMTC to read the Frost & Sullivan Analyst report

http://www.smtc.com/en/aboutsmtc/companyachievement/achievement.aspx

About Frost & Sullivan

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and related growth opportunities that will make or break today's market
participants.

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Contact:

Mireya Espinoza

P: 210. 247.3870

F: 210.348.1003

E: mireya.espinoza@frost.com

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 2,300 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 and 2013 with the North American Growth Leadership Award in the EMS
industry.

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

Note for Investors: The statements contained in this release that are not
purely historical, including our expectations regarding continued revenue and
earnings growth in 2013, are forward-looking statements which involve risk and
uncertainties that could cause actual results to differ materially from those
expressed in the forward-looking statements. These statements may be
identified by their use of forward looking terminology such as "believes",
"expect", "may", "should", "would", "will", "intends", "plans", "estimates",
"anticipates" and similar words, and include, but are not limited to,
statements regarding the expectations, intentions or strategies of SMTC
Corporation. For these statements, we claim the protection of the safe harbor
for forward-looking statements provisions contained in the Private Securities
Litigation Reform Act of 1995. Risks and uncertainties that may cause future
results to differ from forward-looking statements include the challenges of
managing quickly expanding operations and integrating acquired companies,
fluctuations in demand for customers' products and changes in customers'
product sources, competition in the EMS industry, component shortages, and
others discussed in the Company's most recent filings with securities
regulators in the United States and Canada. The forward-looking statements
contained in this release are made as of the date hereof and the Company
assumes no obligation to update the forward-looking statements, or to update
the reasons why actual results could differ materially from those projected in
the forward-looking statements.

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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