Solectron Chosen as Sole Manufacturing Services Provider for Asyst Technologies

		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

Agreement with Leading Semiconductor Manufacturing Automation Company Showcases Solectron's Product Life-Cycle Services for Complex Electro-Mechanical Products MILPITAS, Calif., Sept. 5 /PRNewswire-FirstCall/ -- Solectron Corporation (NYSE: SLR), a leading provider of electronics manufacturing and supply-chain management services, announced today that it has been selected as the sole provider of electro-mechanical manufacturing services for Asyst Technologies, Inc. (Nasdaq: ASYT). Asyst is a leading provider of integrated automation solutions that maximize the productivity of semiconductor manufacturing. The five-year agreement is expected to generate $100 million in revenue the first year, and increase over the life of the agreement. (Photo: http://www.newscom.com/cgi-bin/prnh/20001201/SLRLOGO ) Under the agreement, Solectron will provide Asyst with complete product life-cycle services, including product design and test, new product introduction (NPI), printed circuit board assembly, systems build, systems integration, distribution and in-factory repair. Solectron will perform systems-build and integration services in a specialized clean-room environment necessary for Asyst's automated equipment. Following a transition period, Solectron expects to transfer production to its NPI and manufacturing centers in the United States and Asia. "We look forward to working with Asyst -- a leader in semiconductor manufacturing automation," said Rick Rollinson, Solectron senior vice president and president of Solectron Systems Solutions. "This agreement takes advantage of our complete product life-cycle solutions for robotics and automated equipment, and allows us to expand our reach in this very important sector." "We believe the transition to a leveraged manufacturing model will allow us to better meet our global customer commitments and to make our cost structure more variable in a highly cyclical industry," said Frederick Tiso, senior vice president, manufacturing operations, for Asyst. "Asyst and Solectron are focused on maintaining and building upon every metric of customer satisfaction, including on-time delivery, quality and reliability, as well as assuring no disruption in current customer commitments. This also gives us the opportunity to match our historical strengths in technology with a focus on time-to-market, time-to-volume and time-to-cost." The partnership is expected to include the manufacturing service of most Asyst product lines over the life of the agreement. Solectron's end-to-end product life-cycle services will enable Asyst to streamline its supply chain, accelerate product time-to-market and reduce costs, while enabling it to focus on core competencies such as research and development. As part of the agreement, Solectron will make a one-time, $20 million purchase of inventory from Asyst to support production. About 180 Asyst employees will also join Solectron for support during the transition period. "As the sole provider of electro-mechanical manufacturing services for Asyst, we look forward to building the company's complex automated products for the next five years," said Rollinson. "We appreciate that Asyst made this comprehensive outsourcing decision carefully. We believe we were chosen because of our stringent quality requirements and breadth of services, especially our industry-leading electro-mechanical services that will allow us to successfully integrate Asyst's advanced technologies." 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, based in Milpitas, Calif., is the first two-time winner of the Malcolm Baldrige National Quality Award. Safe Harbor This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, regarding, among other things, the anticipated benefits of the agreement, including revenue generation of $100 million in the first year and increasing over the life of the agreement, the scope of services to be provided, the amount of inventory to be purchased, the use of Asyst employees, the manufacturing facilities to be utilized and current demand for automation equipment for semiconductor manufacturing, in each case based on current expectations that involve a number of risks and uncertainties. In particular, while the companies have executed an agreement, the agreement does not contain any minimum purchase requirements. These risks and uncertainties also include component availability, changes in technology, competition, risk of price fluctuation, changes in economic conditions of the various markets the companies serve, risks associated with international sales and operations, end-user demand, market risk, segment risk and intellectual property rights enforcement. Other potential risks that could cause actual events to differ materially are included in filings with the Securities and Exchange Commission, including Forms 8-K, 10-K, 10-Q, S-3 and S-4 for Solectron Corporation. Solectron disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. CONTACT: investors, Thomas Alsborg, +1-408-956-6614 (U.S.), or thomasalsborg@ca.slr.com, or Tonya Chin, +1-408-956-6537 (U.S.), or tonyachin@ca.slr.com, or media, Robert (Bob) Kula, +1-408-935-5405 (U.S.), or robertkula@ca.slr.com, all of Solectron Corporation.