Solectron Names London Leader of Technology Solutions as Shah Joins Board, Transitions From Executive Role

		SOLECTRON LOGO Solectron (www.solectron.com), the world's leading supply-chain facilitator, provides a full range of manufacturing and supply-chain management services to the world's premier high-tech electronics companies. Solectron's offerings include new-product design and introduction services, materials management, high-tech product manufacturing, and product warrantyand end-of-life support. Solectron, based in Milpitas, Calif., is the first two-time winner of the Malcolm Baldrige National Quality Award for manufacturing. (PRNewsFoto)[AG JL] MILPITAS, CA USA

MILPITAS, Calif., March 5 /PRNewswire-FirstCall/ -- Solectron Corporation (NYSE: SLR), a leading provider of electronics manufacturing and supply-chain services, today announced the appointment of three people to senior leadership positions in the company's Technology Solutions business unit. (Photo: http://www.newscom.com/cgi-bin/prnh/20001201/SLRLOGO ) The changes are related to the transition of Ajay Shah, executive vice president of Solectron and president of Technology Solutions, to a role as a non-employee director of the corporation. Shareholders elected Shah to the board at Solectron's annual meeting last month. Named to succeed Shah as an executive vice president of Solectron and president of Technology Solutions is Craig London. He will join Solectron from Safeguard Scientifics Inc., a diversified information technology company that identifies, develops and operates emerging technology companies. In addition, two current Solectron executives have been promoted to leadership positions within Technology Solutions. Iain MacKenzie becomes president of SMART Modular Technologies, and Paul Mercadante becomes president of Force Computers. MacKenzie and Mercadante will report to London. SMART and Force are wholly owned Solectron subsidiaries. "This is another step in our continuous effort to deepen the leadership of our executive team and our board of directors," said Koichi Nishimura, Solectron chairman, president and chief executive officer. "We are pleased to welcome Craig London to Solectron. Craig's outstanding experience and record of leadership in the technology industry, combined with Paul's and Iain's tremendous expertise, join together to form a strong team to drive the continued success of Technology Solutions. In addition, Ajay brings a wealth of technology, business and management experience to the board." Craig London. In his new role at Solectron, London will be responsible for leading Technology Solutions, one of four operating segments at Solectron. He will also be an officer of the corporation. London brings nearly 30 years of experience in sales, marketing and engineering management at technology companies. Most recently, he was managing director-technology products and an executive officer at Safeguard Scientifics, where he specialized in the technology sector for new investments. Previously, he was president and CEO of Diva Communications, Inc., a wireless communications equipment manufacturer. London also held various executive management positions, including sales, service and operations in the United States and Asia, during eight years with Nortel Networks. His experience also includes leadership positions at Rockwell International Telecommunications, Electronic Systems Associates, Pacific Telephone and AT&T. London earned a bachelor's degree in physics from the University of California-Berkeley and an MBA from Pepperdine University. Iain MacKenzie. As president of SMART, MacKenzie will be responsible for SMART's memory and communications units, and sales and engineering functions. He is promoted from his position as vice president of worldwide operations for Technology Solutions. MacKenzie has more than 25 years of experience in the electronics industry. Previously, he was vice president of operations at SMART, and he held a number of engineering, sales, production and operations positions with Hughes Microelectronics and with Digital Equipment Corp. in Scotland. MacKenzie holds the Ordinary National Diploma in electrical electronics and the Higher National Diploma in mechanical and production sciences from Kirkcaldy College of Technology in Scotland. Paul Mercadante. As president of Force, Mercadante is responsible for driving Force's boards, systems and Dy 4 defense and aerospace divisions. He joined Force in 2000 as vice president and general manager of the custom boards and systems division, and most recently was vice president of strategic planning for Technology Solutions. Previously, Mercadante was vice president and general manager of I/O products at SMART. He has also held leadership positions at Rose Communications, Activision and Apex Data. Mercadante earned a bachelor's degree in economics from the State University of New York. Ajay Shah. Shah joined Solectron in 1999 as a corporate officer and president and CEO officer of Technology Solutions. In 1988, he co-founded SMART Modular Technologies, where he was president and CEO until Solectron acquired it in December 1999. Previously, he held strategic marketing and product line management positions at Samsung Semiconductor and at Advanced Micro Devices. Shah holds a master's degree in engineering management from Stanford University and a bachelor's degree in engineering from the University of Baroda, India. Solectron Technology Solutions, primarily through SMART and Force, provides a range of products and services, including building block technologies such as memory sub-systems; embedded board and systems solutions for telecommunications, networking, industrial control and consumer applications; communications solutions such as I/O, networking and wireless devices; and PC/server solutions for servers, desktops and notebook applications. Technology Solutions had sales of $1.2 billion in fiscal 2001. About Solectron Solectron (http://www.solectron.com) provides a full range of global manufacturing and supply-chain management services to the world's premier high-tech electronics companies. Solectron's offerings include new-product design and introduction services, materials management, high-tech product manufacturing, and product warranty and end-of-life support. Solectron, the first two-time winner of the Malcolm Baldrige National Quality Award, has a full range of industry-leading capabilities on five continents. The company, based in Milpitas, Calif., had fiscal 2001 sales of $18.7 billion. CONTACT: Analysts, Thomas Alsborg, +1-408-956-6614 (U.S.), or thomasalsborg@ca.slr.com, or Media, Kevin Whalen, +1-408-956-6854 (U.S.), or kevinwhalen@ca.slr.com, both of Solectron Corporation