KEMET Continues to Lead in Advancement of Conflict Free Minerals
GREENVILLE, S.C., Sept. 10, 2012 /PRNewswire/ -- KEMET Corporation (KEM) (NYSE: KEM), a leading manufacturer of tantalum, ceramic, aluminum, film, paper and electrolytic capacitors, participated in webinars hosted by Squire Sanders on August 23, 2012 and Source 44 on August 29, 2012, in which the SEC ruling on Conflict Minerals Compliance was discussed.
"As the largest supplier of conflict free tantalum capacitors, KEMET will continue to play a significant leadership role in the issue of certified conflict free minerals," stated Dr. Daniel Persico, KEMET's Vice President, Special Projects. Dr. Persico served as an industry expert and fielded questions from attendees representing dozens of companies.
"Source 44 received an overwhelmingly positive response to our conflict minerals webinar thanks to the panel partnership with industry pioneers like KEMET, who have taken an early leadership position on the issue of obtaining certified conflict free minerals," commented Jess Kraus, CEO and President of Source 44.
For information concerning KEMET's involvement with conflict free minerals and Provision 1502 of the Dodd-Frank Wall Street Financial Reform Act, please go to www.kemet.com/conflictfree.
KEMET's common stock is listed on the NYSE under the symbol "KEM." At the Investor Relations section of our web site at http://ir.kemet.com/, users may subscribe to KEMET news releases and find additional information about our Company. KEMET applies world class service and quality to deliver industry leading, high performance capacitance solutions to its customers around the world and offers the world's most complete line of surface mount and through-hole capacitor technologies across tantalum, ceramic, film, aluminum, electrolytic, and paper dielectrics. Additional information about KEMET can be found at http://www.kemet.com.
About Source 44
Source 44, home of Source Intelligence®, delivers a unique blend of cost-effective technology, expertise and data to rapidly improve supply chain sustainability and transparency. We guarantee our solution tailored to the distinct challenges that retailers and manufacturers face when they set out to define and meet sustainability targets, from assessing suppliers for increased supply chain transparency and brand protection to complying with conflict minerals requirements. Each solution is powered by proprietary algorithms within Source Intelligence® and complemented by a 24/7 supplier engagement team to enable companies to meet sustainability goals like never before.
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For More Information:
Source 44 LLC
Lauren Gambaccini, Marketing Communications Manager
Phone: 877.916.6337 ext: 1007
About Squire Sanders
Squire Sanders works with a range of clients in the aerospace, automotive, electronics, and materials sectors as they develop and implement conflict minerals compliance and reporting programs. The team is led by Dynda A. Thomas, Deputy Chair of Squire Sanders' Corporate Transactions, Finance & Governance Practice Group. The Firm's expertise also includes securities compliance across the globe, trade regulation and procurement. With 37 offices located in 18 countries on five continents, Squire Sanders represents every type of business, both private and public, worldwide.
Cautionary Statement on Forward-Looking Statements
Certain statements included herein contain forward-looking statements within the meaning of federal securities laws about KEMET Corporation's (the "Company") financial condition and results of operations that are based on management's current expectations, estimates and projections about the markets in which the Company operates, as well as management's beliefs and assumptions. Words such as "expects," "anticipates," "believes," "estimates," variations of such words and other similar expressions are intended to identify such forward-looking statements. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions, which are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in, or implied by, such forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect management's judgment only as of the date hereof. The Company undertakes no obligation to update publicly any of these forward-looking statements to reflect new information, future events or otherwise.
Certain risks and uncertainties that could cause actual outcome and results to differ materially from those expressed in, or implied by, these forward-looking statements are described in the Company's reports and filings with the Securities and Exchange Commission.
Dean W. Dimke
Senior Director, Marketing Communications and Investor Relations
SOURCE KEMET Corporation