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KEMET Announces New Vice President of Quality and Chief Compliance Officer

Tue. December 23, 2008; Posted: 09:00 AM
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GREENVILLE, S.C., Dec 23, 2008 /PRNewswire-FirstCall via COMTEX/ -- KEM | Quote | Chart | News | PowerRating -- KEMET Corporation (NYSE: KEM | Quote | Chart | News | PowerRating) has announced today that Susan (Sue) Barkal is being promoted to Vice President of Quality and Chief Compliance Officer as of January 1, 2009. Her current position with the Company is Director of Product Management and Central Planning. Sue is replacing Donald Aldworth, VP of Quality, who is retiring at the end of 2008.

Barkal's role will include all Quality and Corporate Compliance related activity worldwide. The Chief Compliance Officer will be responsible for the oversight of all matters related to business ethics, both internally and externally. All Business Group Quality personnel will continue their local site reporting relationships. However, a dotted line reporting relationship will exist for all Quality related personnel throughout the Company's three Business Groups. Barkal will report to Robert Arguelles, SVP Operational Excellence, Quality and IT.

"We could not be more pleased to have Sue's leadership in this most important role. Quality is our number one priority at KEMET," stated Robert Arguelles. "Sue brings nine years of valuable KEMET experience -- she knows and understands our customers, our products and our processes. Sue is a well-respected member of the KEMET organization. She has the complete confidence of our senior leadership team."

KEMET Corporation (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. KEMET's common stock is listed on The New York Stock Exchange under the symbol KEM. 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 security laws about KEMET Corporation (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, availability, sourcing and pricing of raw materials, pressures on sales prices and volumes due to competition and economic conditions, reliance on and financial viability of significant customers, operating performance of joint ventures, alliances and other equity investments, technological advancements, employee relations, changes in construction spending, capital expenditures and long-term investments (including those related to unforeseen acquisition opportunities), continued availability of financial resources through financing arrangements and operations, outcomes of pending or threatened legal proceedings, negotiation of new or modifications of existing contracts for asset management and for property and equipment construction and acquisition, regulations governing tax laws, other governmental and authoritative bodies' policies and legislation, and proceeds received from the sale of assets held for disposal. In addition to these representative factors, forward-looking statements could be impacted by general domestic and international economic and industry conditions in the markets where the Company competes, such as changes in currency exchange rates, interest and inflation rates, recession and other economic and political factors over which the Company has no control. 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: Dean W. Dimke Director of Corporate and Investor Communications 954-766-2806 deandimke@kemet.com

SOURCE KEMET Corporation

http://www.kemet.com

For full details for KEM click here.

    


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