IDT Receives Intel’s Preferred Quality Supplier Award
SAN JOSE, California, March 17, 2008 – Integrated Device Technology, Inc. was named a recipient of Intel Corporation’s 2007 Preferred Quality Supplier (PQS) award for outstanding performance in providing products and services deemed essential to Intel’s success. The company is awarded for its efforts supplying Intel with PC, server and notebook clocking solutions. Integrated Device Technology, Inc. and 34 additional PQS award winners will be honored at a celebration in Burlingame, California on March 18.
“IDT is extremely pleased to be recognized as one of Intel’s top performing suppliers,” said James Shih, vice president of Quality at Integrated Device Technology, Inc. “At IDT, we strive to provide our customers with the best possible support, whether that is through innovative high-performance, mixed signal digital media solutions; on-time delivery or local technical support. We are honored to be a long-term, valued supplier to Intel.”
“Congratulations to IDT in earning the 2007 Preferred Quality Supplier award from Intel. This achievement is a tribute to the strong commitment and execution demonstrated by IDT in the areas of technology, quality and cost. IDT has been a strong partner supporting Intel’s business enabling efforts,” said Bob Stoppa, System Manufacturing Operations commodity manager, Intel Corporation.
The PQS awards are part of Intel’s Supplier Continuous Quality Improvement (SCQI) process 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, delivery, technology and responsiveness goals. Suppliers must also manage and deliver on a challenging improvement plan and a quality systems assessment. Additional information about the SCQI program is available at http://supplier.intel.com/quality.
Intel will also recognize PQS award winners with an advertisement in the U.S., Europe and Asia editions of The Wall Street Journal on March 18, 2008.
With the goal of continuously improving the digital media experience, IDT integrates its fundamental semiconductor heritage with essential innovation, developing and delivering low-power, mixed signal solutions that solve customer problems. Headquartered in San Jose, Calif., IDT has design, manufacturing and sales facilities throughout the world. IDT stock is traded on the NASDAQ Global Select Stock Market® under the symbol “IDTI.” Additional information about IDT is available at www.IDT.com.
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