BROOKFIELD, Conn.--(BUSINESS WIRE)--
Photronics, Inc. (Nasdaq:PLAB), a worldwide leader in supplying
innovative imaging technology solutions for the global electronics
industry, today announced that Fairchild Semiconductor has awarded the
company its Photomask Supplier of the Year Award. This is the ninth time
that Photronics has received this award.
Each year Fairchild Semiconductor's wafer fab operations in the United
States and Korea rank their key suppliers in the categories of Quality,
Delivery, Service, Technology & Systems, and Cost of Ownership. The
criteria requires that each Photronics manufacturing site(s) worldwide
must achieve a rating of greater than 90% in all categories for each
Fairchild wafer manufacturing location.
Constantine ("Deno") Macricostas, Photronics' chairman and chief
executive officer commented, "We are particularly proud to receive this
award from our valued customer Fairchild Semiconductor. Our relationship
dates back many years, and we have always strived for excellence in
customer service and quality. This award is testament to the success of
that continued commitment."
"Our customers need to differentiate themselves in the market place, and
they expect excellent quality as part of our commitment to help them
succeed. Photronics continues to exceed expectations," stated Stephen
Wallace, Fairchild Semiconductor's Global Photomask Commodity Manager.
"The Photomask Supplier of the Year Award, named after C. Sheldon
Roberts, one of Fairchild Semiconductor's original founders in 1957, is
presented to the supplier that meets our stringent goals. We're pleased
to present the award to Photronics, and look forward to enhancing our
solid relationship with them in the future."
Photronics
is a leading worldwide manufacturer of photomasks.
Photomasks are high precision quartz plates that contain microscopic
images of electronic circuits. A key element in the manufacture of
semiconductors and flat panel displays, photomasks are used to transfer
circuit patterns onto semiconductor wafers and flat panel substrates
during the fabrication of integrated circuits, a variety of flat panel
displays and, to a lesser extent, other types of electrical and optical
components. They are produced in accordance with product designs
provided by customers at strategically located manufacturing
facilities in Asia, Europe, and North America. Additional
information on the Company can be accessed at www.photronics.com.
The Private Securities Litigation Reform Act of 1995 provides a "safe
harbor" for forward-looking statements made by or on behalf of
Photronics, Inc. and its subsidiaries (the Company). The forward-looking
statements contained in this press release and other parts of
Photronics' web site involve risks and uncertainties that may affect the
Company's operations, markets, products, services, prices, and other
factors. These risks and uncertainties include, but are not limited to,
economic, competitive, legal, governmental, and technological factors.
Accordingly, there is no assurance that the Company's expectations will
be realized. For a fuller discussion of the factors that may affect the
Company's operations, see "Forward Looking Statements" in the Company's
Quarterly and Annual Reports to the Securities and Exchange Commission
on Forms 10-Q and 10-K. The Company assumes no obligation to provide
revisions to any forward-looking statements.
14-2012
Photronics, Inc.
Pete Broadbent, 203-775-9000
Vice President,
Investor Relations & Marketing
pbroadbent@photronics.com
Source: Photronics, Inc.
News Provided by Acquire Media
