Solectron CEO Addresses Business Leaders at World Economic Forum in Davos, Switzerland; Mike Cannon Discusses the Importance of Selecting an Outsourcing Partner Who Will Create Competitive Advantage

Business Wire, Jan 27, 2006

MILPITAS, Calif. -- Mike Cannon, president and CEO of Solectron Corporation (NYSE:SLR), a leading provider of electronics manufacturing and integrated supply chain services, today addressed business leaders gathering at the World Economic Forum in Davos, Switzerland. As part of a panel, "Outsourcing Everywhere: Externalizing Innovation and Creativity," Cannon joined a distinguished group of global business leaders and discussed the importance of combining the power of product innovation with operational innovation to create market opportunities.

"With the acceleration rate of product innovation, it is critical for companies to select outsourcing partners who can help get products to market quickly while reaching quality and cost targets early," said Cannon.

According to Cannon, the key to success is partnerships.

"In today's accelerating pace of global business, simply moving faster is not enough," said Cannon. "You must have partnerships to win -- partners who can align operational innovation with product innovation to improve competitive advantage."

About Solectron

Solectron Corporation (www.solectron.com) provides a full range of electronics manufacturing and supply-chain management services to the world's leading networking, telecommunications, computing, consumer, automotive, industrial and medical device firms. The company's industry-leading Lean Six Sigma methodology (Solectron Production System(TM)) provides OEMs with low cost, flexibility and quality that improves competitive advantage. Solectron's service offerings include new-product introduction, collaborative design, materials management, product manufacturing, and product warranty and repair and end-of-life support. Based in Milpitas, Calif., Solectron operates in more than 20 countries on five continents and had sales from continuing operations of $10.4 billion in fiscal 2005.