Solectron Completes Acquisition of Stream International

		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

- Acquisition Further Strengthens Solectron's Post-Manufacturing Capabilities - MILPITAS, Calif., Oct. 26 /PRNewswire/ -- Solectron Corporation (NYSE: SLR), the world's leading provider of electronics manufacturing and supply-chain management services, said today it has completed its acquisition of Stream International Inc., a global Customer Relationship Management (CRM) outsourcing and support services provider for leading technology companies. The acquisition significantly increases the capabilities of Solectron's Global Services business unit and enhances the company's total service offerings. (Photo: http://www.newscom.com/cgi-bin/prnh/20001201/SLRLOGO ) Through the transaction, Solectron becomes one of the world's 10 largest providers of CRM outsourcing services. Solectron gains customer support capabilities which include customer service and technical support. Stream operates 22 contact centers in North America, Asia and Europe, with revenues of $323 million in FY 2000*, ending Dec. 31, 2000. Financial terms of the deal were not disclosed. Stream, a Solectron company, maintains its brand identity and operates within Solectron's Global Services business unit. Solectron will market Stream's services as another value-added element of its total supply-chain solutions. Solectron Global Services provides a full range of post-manufacturing services, including product repair, upgrades, re-manufacturing and maintenance through factory and fast-hub service centers located around the world; help-desk support through customer call-in centers for end-users; logistics and parts management; asset recovery; returns processing; warehousing; engineering change management and end-of-life manufacturing. Solectron Global Services currently has sites on five continents. 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. Its headquarters are in Milpitas, Calif. About Stream Stream, a Solectron company, is a global provider of CRM support solutions for leading technology companies and e-businesses. Stream's CRM solutions provide a fully integrated suite of e-mail, live chat, voice and self-help solutions to enhance the customer experience. More than 10,000 employees around the world enhance over 40 million customer experiences a year, including more than 5 million electronic transactions. Stream operates 22 Customer Interaction Centers in 10 countries. For more information visit Stream's Web site at http://www.stream.com. * All monetary amounts are stated in U.S. dollars. CONTACT: Thomas Alsborg, +1-408-956-6614, or thomasalsborg@ca.slr.com, or Kimi Nishita, +1-408-956-6213, or kiminishita@ca.slr.com, both of Solectron Corporation.