Entegris Named by Forbes Media to Publisher's List of America's 100 Most Trustworthy Companies
BILLERICA, Mass., Nov. 26, 2012 (GLOBE NEWSWIRE) -- Entegris, Inc. (ENTG), a global supplier to the semiconductor and microelectronics industries, was named by Forbes Media to the publisher's list of America's 100 Most Trustworthy Companies.
To develop the list, Forbes used data generated by an independent financial analytics firm called GMIRATINGS (GMI). GMI evaluated more than 8,000 publicly held companies on a broad range of metrics and company policies, including executive compensation, management turnover, insider trading relative to corporate peers, and short-term executive compensation. While only three companies scored the highest score of 100, Entegris was one of only two mid-cap companies that scored a near perfect 99.
According to James A. Kaplan, the chairman of GMI, those companies that rank high in GMI's Equity Risk Ranking typically have a positive forecast for equity returns, and have minimal likelihood of financial distress. "Many studies have shown that well-governed companies with transparent accounting have a higher price premium than their competitors, reduced cost of capital, and a higher long-term return for shareholders," Kaplan said.
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Entegris is a leading provider of a wide range of products for purifying, protecting and transporting critical materials used in processing and manufacturing in the semiconductor and other high-tech industries. Entegris is ISO 9001 certified and has manufacturing, customer service and/or research facilities in the United States, China, France, Germany, Israel, Japan, Malaysia, Singapore, South Korea and Taiwan. Additional information can be found at www.entegris.com .
The Entegris, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=3700
Forbes Media LLC, publisher of Forbes magazine and forbes.com, is an authoritative source of news and information on business, investing, technology, entrepreneurship, leadership and affluent lifestyles. Forbes.com, a leading business website, currently reaches 38 million monthly unique visitors, and Forbes magazine, Forbes Asia and Forbes Europe attract a global audience of 5 million readers. The Company also publishes ForbesLife magazine, as well as 24 licensed local editions around the world.
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Source: Entegris, Inc. 2012 GlobeNewswire, Inc.