SLR Solectron Corp

Solectron Corporation (NYSE:SLR), a leading provider of integrated electronic supply chain services including design, manufacturing and aftermarket services, today received the 2007 Vendor Excellence Award from Redbox Automated Retail, LLC. The award honors companies that have delivered superior quality and value to the Redbox manufacturing and supply chain, driving the development, production and placement of Redbox DVD kiosks in the nation�s leading grocery stores, McDonald�s restaurants and other locations nationwide. Launched in 2002, Redbox is revolutionizing the DVD rental industry with a combination of numerous locations and $1 per-night pricing. Since that time, Redbox has expanded nationwide and has DVD rental kiosks in more than 3,600 locations in the United States. The company has recently surpassed 43 million DVD rentals and has instituted an innovative online rental system allowing customers to rent DVDs online and pick them up at nearby Redbox location. In 2005, Solectron collaborated with Redbox to design and manufacture a new family of DVD rental kiosks, including complete Level 5 system integration and fulfillment to Redbox�s end customers. By outsourcing design and manufacturing to Solectron, Redbox was able to focus on technology innovation that meets end user requirements, grow its retail presence and manage customer relationships. �Solectron has been a strategic partner enabling Redbox to rapidly grow our business with an optimized supply chain capable of achieving higher efficiency at lower costs while maintaining strict quality and reliability standards,� said Franz Kuehnrich, vice president, Engineering, Redbox Automated Retail. �In 2005, Solectron manufactured 770 Redbox units. In 2007, we are projecting more than 4,500 units, and Solectron has scaled with our growth. This award recognizes Solectron for having a significant and positive impact on our success.� �Redbox is a tremendous business, and Solectron is proud to have played a part in their success,� said John Mainey, General Manager of Solectron�s Creedmoor, North Carolina facility. �Receiving Redbox�s Vendor Excellence Award is extremely gratifying. Utilizing the Solectron Production System, our award-winning Lean Six Sigma manufacturing methodology, customers like Redbox are benefiting from increased speed to capture market opportunities and flexibility to respond to shifting customer needs.� About Solectron Solectron Corporation is one of the world�s largest providers of complete product lifecycle services. We offer collaborative design and new product introduction, supply chain management, Lean manufacturing and aftermarket services such as product warranty repair and end-of-life support to leading customers worldwide. Solectron works with the world's premier providers of networking, telecommunications, computing, storage, consumer, automotive, industrial, medical, self-service automation, and aerospace and defense products. The company's industry-leading Lean Six Sigma methodology (Solectron Production System�) provides OEMs with quality, flexibility, innovation and cost benefits that improve competitive advantage. Based in Milpitas, Calif., Solectron operates in more than 20 countries on five continents and had sales from continuing operations of $10.6 billion in fiscal 2006. For more information, visit us at www.solectron.com. Note: SOLECTRON and the Solectron logo are registered trademarks of Solectron Corporation.�The Solectron Production System, SPS, and Solectron Supply Chain Solutions Suite are also trademarks of Solectron Corporation.�Other names mentioned are trademarks, registered trademarks or service marks of their respective owners.