Cabot Microelectronics Corporation Receives Intel's Prestigious Supplier Continuous Quality Improvement Award

Cabot Microelectronics Corporation Receives Intel's Prestigious Supplier
Continuous Quality Improvement Award

Aurora, IL, April 14, 2014 (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 was named as
one of only eight companies receiving Intel Corporation's Supplier Continuous
Quality Improvement (SCQI) award for its performance in 2013. Cabot
Microelectronics Corporation was recognized for exceptional performance and
extraordinary, industry-leading commitment across all critical focus areas
measured including: quality, cost, availability, technology, customer
service, labor and ethics systems and environmental sustainability. This
award is Intel's highest honor for its suppliers, acknowledging truly
world-class performance. Cabot Microelectronics provided CMP slurries and CMP
pads, deemed essential to Intel's success.

"We are  proud to  have  earned the  prestigious Supplier  Continuous  Quality 
Improvement (SCQI) award  for the second  consecutive year from  Intel, a  key 
strategic customer," stated William Noglows, Cabot Microelectronics'  Chairman 
and CEO. "The criteria to win the  SCQI award are extremely rigorous, and  we 
believe this repeated recognition exemplifies  our commitment to being a  long 
term strategic partner to Intel, successfully delivering the highest standards
for quality, manufacturing efficiency and technology. We are honored to  have 
been distinguished  as a  world-class supplier  among Intel's  broader  supply 
chain for seven of  the last eight  years. We look  forward to continuing  to 
build upon our strong relationship with Intel."

"Cabot Microelectronics is bringing innovative  and enabling solutions to  our 
CMP technology. Their team's customer orientation and technical expertise  is 
proven  to  deliver  improved  performance.  We  appreciate  the  value   and 
commitment Cabot  Microelectronics  brings  to help  us  meet  new  technology 
challenges," said Chi-Hwa Tsang, Intel Corporation Vice President of  Portland 
Technology Development.

The SCQI  award is  part of  Intel's Supplier  Continuous Quality  Improvement 
program, which encourages Intel's key  suppliers to strive for excellence  and 
continuous improvement. To qualify for SCQI, suppliers must score at least 95
percent on a report card that  assesses performance and ability to meet  cost, 
quality, availability, technology, environmental, social and governance goals.
Suppliers  must  also  achieve  90  percent  or  greater  on  a   challenging 
improvement  plan,  and  demonstrate  solid  quality  and  business   systems. 
Additional   information   about   the   SCQI   program   is   available   at 
http://intel.com/go/quality.

A celebration to honor SCQI award winners was held in Santa Clara,  California 
on April 10, 2014  themed "Deliver the Present  and Create the Future",  which 
illustrates the outstanding contributions this supplier has made in 2013.  In 
addition, there was an announcement on Intel's website at http://intel.com/.

Intel is a trademark or registered trademark of Intel Corporation or its
subsidiaries in the United States and other countries. Other names and brands
may be claimed as the property of others.

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.  Since becoming an independent  public 
company in 2000, the company has  grown to approximately 1,050 employees on  a 
global basis. For more information about Cabot Microelectronics  Corporation, 
visit  www.cabotcmp.com  or  contact  Trisha  Tuntland,  Manager  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; company and industry growth, contraction or trends; growth
or contraction of the markets in which the company participates; international
events, regulatory or legislative activity, or various economic factors;
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; 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; and the
construction and 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 Securities and Exchange Commission
(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, 2013 and in the company's annual report on Form 10-K for the
fiscal year ended September 30, 2013, both filed with the SEC. Cabot
Microelectronics assumes no obligation to update this forward-looking
information.

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

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