Jabil Singapore Awarded AS9100 Aerospace Certification
23 June 2005
St. Petersburg, FL
ST. PETERSBURG, FL – June 23, 2005 – Jabil Circuit, Inc. (NYSE: JBL) today announced that its Singapore operation has been awarded Aerospace Standard AS9100 certification. It is the fifth Jabil facility to earn the designation.
"Jabil Singapore's AS9100 certification is a significant milestone in our aerospace-industry growth strategy," said "Steve Borges, Jabil Vice President of Business Development. "We have succeeded in strategically positioning 9100-certified facilities in key locations to serve our aerospace customers around the world."
The 9100 standard was developed by the International Aerospace Quality Group to help major aerospace companies ensure their suppliers meet stringent standards for product design, development, production, installation and servicing. As a leading provider of Electronics Manufacturing Services solutions to the aerospace industry, Jabil's Billerica, Massachusetts, St. Petersburg, Florida, Tempe, Arizona, and Brest, France, plants are 9100 certified.
Borges said competitive pressures are driving defense and aerospace contractors to take a fresh look at how their resources are deployed. Many are turning to global electronics manufacturers like Jabil to manage non-core aspects of their operations, such as design, manufacturing, supply-chain management and reverse logistics.
"Defense and Aerospace contractors are finding that experienced companies such as Jabil can help them streamline product development, improve the reliability of their products, and lower their total costs, which is absolutely essential in today's market."
The aerospace industry is positioned for continued growth, Borges said. "Jabil's goal is to be the industry's premier electronics solutions provider and achieving the Singapore AS9100 certification is another step towards attaining that goal."
About Jabil Circuit
Jabil is an electronic solutions company providing comprehensive electronics design, production and product management services to global electronics and technology companies. Jabil helps bring electronics products to the market faster and more cost effectively by providing complete electronic product supply chain management around the world. With more than 40,000 employees and facilities in 19 countries, Jabil provides comprehensive, individualized-focused solutions to customers in a broad range of industries. Jabil common stock is traded on the New York Stock Exchange under the symbol, "JBL". Further information is available on the company's website: jabil.com.
Investor & Media Contact:
Beth Walters
Vice President, Investor Relations
Jabil Circuit, Inc.
(727) 803-3349
investor_relations@jabil.com
This news release may contain forward-looking statements, including those regarding our business and the structure of our management team. These statements are based on current expectations, forecasts and assumptions involving risks and uncertainties that could cause actual outcomes and results to differ materially. These risks and uncertainties include, but are not limited to: our ability to provide quality services and retain customers and business; business and competitive factors generally affecting the electronic manufacturing services industry, our customers and our business; other factors that we may not have currently identified or quantified; and other risks, relevant factors and uncertainties identified in our Annual Report on Form 10-K for the fiscal year ended August 31, 2004, any subsequent Reports on Form 10-Q and Form 8-K and our other securities filings. Jabil disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.