WOBURN, Mass. and MILPITAS, Calif., Dec. 3 /PRNewswire-FirstCall/ --
PerComm Inc. and Solectron Corporation (NYSE: SLR) today announced they have
signed a manufacturing agreement.
(Photo: http://www.newscom.com/cgi-bin/prnh/20001201/SLRLOGO )
Under the agreement, Solectron, a leading provider of electronics
manufacturing and supply-chain management services, will provide new product
introduction (NPI), printed circuit board assembly and complete product
assembly for the OmniData(TM) two-way telemetry data modem and follow-on
products for PerComm. Financial terms of the agreement were not disclosed.
"We are very excited that we have the expertise of a top tier contract
manufacturer like Solectron to produce PerComm's product," said Edmond K.
Fung, president and chief executive officer of PerComm. "This agreement with
Solectron will enable PerComm to manufacture advanced wireless products for
the mass market based on the ReFLEX(R) transmission standard."
"We are pleased to have been selected by PerComm to manufacture its
existing and future line of products," said Mitch Schoch, Solectron vice
president of account management, Americas. "This agreement takes advantage of
our advanced manufacturing and radio frequency capabilities, and will provide
PerComm and its customers with high-quality wireless products."
Solectron provides design, manufacturing and repair services for a wide
range of wireless communication products, including cellular handsets, smart
phones, pagers and personal digital assistants.
About PerComm
PerComm Inc., a leading manufacturer of ReFLEX advanced messaging devices
and FLEX and POCSAG 1way devices, is a privately held Massachusetts company.
In addition to the wireless messaging devices, PerComm also develops the
OmniData(TM) telemetry module; the GPS network assist location and asset
tracking device; and licenses the ReFLEX Reference Design & Chipset. For more
information about PerComm and its products, please visit us on the Internet at
http://www.percomm.com.
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. The company had sales of $12.3 billion in fiscal 2002.
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, 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: Analyst/Investor contact, Tonya Chin, +1-408-956-6537 (U.S.), or
tonyachin@ca.slr.com, or media, Matt Roszell, +1-408-586-4031 (U.S.), or
mattroszell@ca.slr.com, both of Solectron Corporation; or Larisa Yee of
PerComm Inc., +1-781-860-7700 (U.S.), or lyee@percomm.com.
SOURCE Solectron Corporation
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Related links: http://www.solectron.com
Photo Notes: NewsCom: http://www.newscom.com/cgi-bin/prnh/20001201/SLRLOGO AP Archive: http://photoarchive.ap.org PRN Photo Desk, 1-888-776-6555 or +1-212-782-2840
CONTACT: Analyst/Investor contact, Tonya Chin, +1-408-956-6537 (U.S.), or tonyachin@ca.slr.com, or media, Matt Roszell, +1-408-586-4031 (U.S.), or mattroszell@ca.slr.com, both of Solectron Corporation; or Larisa Yee of PerComm Inc., +1-781-860-7700 (U.S.), or lyee@percomm.com
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