FormFactor Awarded Texas Instruments Supplier Excellence Award
Company achieves distinction based on exceptional performance, quality, and technology
LIVERMORE, Calif., May 18, 2017 (GLOBE NEWSWIRE) — FormFactor (NASDAQ:FORM) has been selected to receive Texas Instruments’ highest level of supplier recognition, the 2016 Texas Instruments Supplier Excellence Award. The award is given to a select few suppliers who demonstrate commitment to exceptional performance in the areas of cost, environmental and social responsibility, technology, responsiveness, assurance of supply and quality while also exhibiting the highest level of ethical behavior.
“At Texas Instruments, we know our customers depend on us to help them innovate and get to market first, and we have the same expectations of our suppliers,” said Rob Simpson, vice president of Texas Instruments Worldwide Procurement and Logistics. “FormFactor has demonstrated exceptional commitment and capability to deliver the products we need and the performance we expect.”
“We are honored to receive recognition as a key supplier to Texas Instruments, which is the product of a continuing commitment to a close multi-year collaboration between our companies and teams. FormFactor remains focused on delivering innovative, high-quality solutions with excellent uptime, to address our customers’ technical challenges while also reducing overall test costs,” said FormFactor CEO Mike Slessor. “FormFactor is dedicated to providing leading-edge electrical test and measurement expertise, solutions and infrastructure to help accelerate profit for both our customers, and the end users they serve.”
FormFactor, Inc. (NASDAQ:FORM), is a worldwide leader in essential test technologies and expertise, including a broad portfolio of high-performance probe cards, engineering probes, probe stations and reliability test systems. For semiconductor companies and scientific institutions, FormFactor delivers access to electrical information from wafers, integrated circuits (ICs), IC packages, optical devices, and more. Customers use FormFactor’s products and services to lower overall production costs, improve their yields, and enable complex next-generation ICs. The Company services customers through its network of facilities in Asia, Europe, and North America. For more information, visit the Company’s website at www.formfactor.com.
Statements in this press release that are not strictly historical in nature are forward-looking statements within the meaning of the federal securities laws, including statements regarding anticipated results, market conditions or trends, expectations and plans. These forward-looking statements are based on current information and expectations that are inherently subject to change and involve a number of risks and uncertainties. Actual events or results might differ materially from those in any forward-looking statement due to various factors, including, but not limited to: changes in demand for the company’s products; risks in technical execution and capacity expansion; changes in seasonality; risks to the company’s ability to execute on its operational model; the company’s ability to continue to be a leading supplier in the probe card industry; risks to the company’s ability to timely deliver products and to meet customer demand; and changes in the market and macro-economic environments. Additional information concerning factors that could cause actual events or results to differ materially from those in any forward-looking statement is contained in the company’s annual report on Form 10-K, quarterly reports on Form 10-Q and other filings by the company with the U.S. Securities and Exchange Commission, under the caption “Risk Factors” and elsewhere. Copies of these SEC filings are available at http://www.sec.gov. Unless required by law, the company assumes no obligation to update the information in this press release, to revise any forward-looking statements, or to update the reasons actual results could differ from those anticipated in forward-looking statements.