Business As Usual for Worldwide Operations
MILPITAS, Calif., Jan. 5 /PRNewswire/ -- Solectron Corporation
(NYSE: SLR), the world's premier supply-chain facilitator for customized
electronics technology, manufacturing and service solutions, today confirmed
it experienced no operational or administrative problems as a result of the
transition to the year 2000.
"We have successfully navigated the New Year rollover without incident
primarily due to the extraordinary commitment of all of our more than
42,000 associates worldwide," said Ko Nishimura, Ph.D., Solectron's chairman,
president and CEO. "We said we expected Jan. 1, 2000, to be a day like any
other day, and we are proud to be able to deliver on that assurance."
While the New Year rollover was potentially the most critical period, it
is possible that computer-related problems may not appear for weeks or even
months from now. While the smooth transaction of the New Year is a very
encouraging sign, Solectron will continue to diligently monitor its systems
for any Year 2000 computer-related problems in the coming months.
Solectron's extensive and detailed preparations for the Year 2000
transition simultaneously strengthened the company's core processes and
procedures. Lessons learned from the Year 2000 program will now be applied to
other aspects of the company's worldwide business.
About Solectron
Founded in 1977, Solectron Corporation (http://www.solectron.com) is the world's
largest electronics manufacturing services company offering a full range of
integrated supply-chain solutions for the world's leading electronics original
equipment manufacturers. Solectron's integrated technology solutions,
materials, manufacturing and operations, and global services offer customers
competitive outsourcing advantages, such as access to advanced manufacturing
technologies, shortened product time-to-market, reduced total cost of
ownership and more effective asset utilization.
The company has received more than 210 quality and service awards from its
customers in addition to the 1997 and 1991 Malcolm Baldrige National Quality
Awards. Solectron is the first company to win the Baldrige Award for
Manufacturing twice in the 12-year history of the national program. Including
SMART Modular Technologies, the company has more than 42,000 associates in
38 locations worldwide, with more than 8 million square feet of capacity.
Revenues for the first three months of fiscal 2000, ended Nov. 26, 1999, prior
to the restatement to reflect the merger with SMART as of Dec. 1, 1999, were
US$2.5 billion.
CONTACT: Media, Kimi Nishita, 408-956-6213, or Analysts, Len Zanoni,
408-956-6866, both of Solectron Corporation.
SOURCE Solectron Corporation
 back to top
Related links:
http://www.solectron.com
CONTACT:
Media, Kimi Nishita, 408-956-6213, or
Analysts, Len Zanoni, 408-956-6866, both of Solectron Corporation
|
