Tokyo, Japan, March 4, 2015 - Tokyo Electron Limited has been recognized as one of 19 companies receiving Intel Corporation's Preferred Quality Supplier (PQS) award for their performance in 2014. This supplier has demonstrated industry-leading commitment across all critical focus areas on which they are measured: quality, cost, availability, technology, customer service, labor and ethics systems and environmental sustainability. Tokyo Electron Limited is recognized for their significant contributions, providing Intel with coater/developer, dry etch systems, wet etch systems, thermal processing systems, deposition systems and test systems, deemed essential to Intel's success.

"We are again honored to receive Intel's prestigious 2014 PQS Award. We are proud to be among such an elite group of Intel suppliers. Such recognition across multiple product lines exemplifies TEL's culture of commitment and our pride in keeping a high quality partnership with Intel. I would like to thank Intel for setting the high expectations that drive us to maintain our focus on what is most important: our customers. In these times of extreme change, we are proud to uphold our consistently high service levels, which are only possible through the dedication and teamwork of employees from across the company and through our teamwork with Intel. On behalf of all TEL employees, I thank Intel for the opportunity to continue our valued partnership," said Terry Higashi, Chairman, President and CEO, Tokyo Electron Limited.

"Intel is pleased to present TEL with the Preferred Quality Supplier award for 2014," said Dave Bloss, Director of Intel's Global Supply Management Fab Equipment group. "TEL's continued focus on technology, affordability, and strong customer commitment has resulted in TEL's 15th consecutive quality award as a valued supplier. We look forward to their continued focus in driving supply chain excellence, raising the bar on quality performance, and enabling Moore's Law in 2015 and beyond."

The PQS award is part of Intel's Supplier Continuous Quality Improvement (SCQI) program that encourages suppliers to strive for excellence and continuous improvement. To qualify for PQS status, suppliers must score 80 percent on a report card that assesses performance and ability to meet cost, quality, availability, technology, environmental, social and governance goals. Suppliers must also achieve 80 percent or greater on a challenging improvement plan and demonstrate solid quality and business systems. Additional information about the SCQI program is available at http://intel.com/go/quality.

A celebration to honor PQS award winners was held in Santa Clara, California themed "Innovating to Deliver Smart and Connected Devices", which illustrates the contributions this supplier has made in 2014. In addition, there was an announcement on Intel's website at http://intel.com/.

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