GREENVILLE, S.C., July 9 /PRNewswire-FirstCall/ -- KEMET Corporation (NYSE Amex: KEM), will hold its 2010 Annual Shareholders' Meeting on July 28, 2010, at 10:30 a.m. EDT, at the Westin Poinsett Hotel, 120 South Main Street, Greenville, South Carolina.
On July 28, 2010, the Company will release earnings for the June 2010 quarter and will hold a conference call to discuss the earnings release at 9:00 a.m. EDT on that date. The call will last approximately one hour.
To access the call via telephone, participants in the United States should dial 1-800-416-8033, and participants outside the United States should dial 1-706-643-0979. Participants should reference "KEMET Corporation" and Conference ID #86129498. Participants can view a corresponding presentation from the KEMET website at http://www.kemet.com/ by clicking on the first quarter conference call link in the Investor Relations section of the website. The presentation will be available immediately prior to the beginning of the call. Following management's comments, there will be an opportunity for questions.
In conjunction with the conference call, there will be a simultaneous live broadcast over the internet that can be accessed at http://www.kemet.com/ir. A replay of the conference call will be available until midnight, August 11, 2010, through the same link. Also available in the Investor Relations section of the website is additional company information and a link to subscribe to KEMET news and financial releases.
About KEMET
KEMET Corporation (NYSE Amex: KEM), applies world-class service and quality to deliver industry-leading, high-performance capacitance solutions to its customers around the world. KEMET offers the world's most complete line of surface-mount and through-hole capacitor technologies across tantalum, ceramic, film, aluminum, electrolytic, and paper dielectrics. Additional information about KEMET can be found at http://www.kemet.com/.
CAUTIONARY STATEMENT ON FORWARD-LOOKING STATEMENTS
Certain statements included herein contain forward-looking statements within the meaning of federal securities laws about KEMET Corporation's (the "Company") financial condition and results of operations that are based on management's current expectations, estimates and projections about the markets, in which the Company operates, as well as management's beliefs and assumptions. Words such as "expects," "anticipates," "believes," "estimates," variations of such words and other similar expressions are intended to identify such forward-looking statements. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions, which are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in, or implied by, such forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect management's judgment only as of the date hereof. The Company undertakes no obligation to update publicly any of these forward-looking statements to reflect new information, future events or otherwise.
Factors that may cause actual outcome and results to differ materially from those expressed in, or implied by, these forward-looking statements include, but are not necessarily limited to the following: (i) continued uncertainty of the economy which could impact the Company's ability to realize operating plans; (ii) adverse economic conditions which could cause further reevaluation and the write down of long-lived assets; (iii) an increase in the cost or a decrease in the availability of the Company's principal raw materials; (iv) changes in the competitive environment; (v) uncertainty of the timing of customer product qualifications in heavily regulated industries; (vi) economic, political, or regulatory changes in the countries in which the Company operates; (vii) difficulties, delays or unexpected costs in completing the Company's restructuring plan; (viii) the ability to attract, train and retain effective employees and management; (ix) the ability to develop innovative products to maintain customer relationships; (x) the impact of environmental issues, laws, and regulations; (xi) volatility of financial and credit markets which would affect the Company's access to capital; (xii) exposure to foreign exchange gains and losses; (xiii) the need to reduce costs to offset downward price trends; (xiv) potential limitation on use of net operating losses to offset possible future taxable income; (xv) dilution as a result of the issuance of the warrant held by K Equity, LLC; and (xvi) exercise of the warrant by K Equity, LLC, which could result in the existence of a controlling stockholder. Other risks and uncertainties may be described from time to time in the Company's other reports and filings with the Securities and Exchange Commission.
Contact: William M. Lowe, Jr. Executive Vice President and Chief Financial Officer williamlowe@KEMET.com 864-963-6484
KEMET Corporation
CONTACT: William M. Lowe, Jr., Executive Vice President and Chief
Financial Officer, williamlowe@KEMET.com, +1-864-963-6484
Web Site: http://www.kemet.com/
