Second Jabil Facility Earns Aviation Certification
Singapore site provides repair and support to Asia aerospace companies
31 March 2006
St. Petersburg, FL
ST. PETERSBURG, FL – March 31, 2006 – Jabil Circuit, Inc. (NYSE:JBL) today announced that its facility in Singapore has been granted Federal Aviation Administration (FAA) repair station status. Singapore is the second Jabil facility to become certified to provide repair and support services on products utilized in commercial aircraft. Earlier this year, Jabil announced the certification of its Billerica, Massachusetts facilities by the FAA.
“Our Singapore facility offers ultra-high mix, low volume AS9100 certified manufacturing and can now support the entire aerospace product life-cycle,” said Jim Cocke, Senior Director of Jabil’s Defense and Aerospace Services business unit. “Having a partner such as Jabil enhances our customer’s ability to provide timely technology insertions on legacy products and increase their competitive edge.”
Traditionally aerospace companies have not utilized external manufacturing providers, however many have begun to utilize partners such as Jabil, who offer global aerospace manufacturing and support services, according to Cocke.
“Certifying this facility for aerospace life-cycle support activities is another milestone in our aerospace-industry growth strategy. Our aerospace customers in Asia will benefit from the expansion of our repair station services,” he said.
The Jabil - Singapore Repair Station holds Certificate J0BY513Y. The Jabil - Billerica repair station holds certificate # J1IR247Y.
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 55,000 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.
This news release contains forward-looking statements, including those regarding the outlook for our defense and aerospace business and our long-term outlook for our company, our industry and our business sectors. 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: fluctuations in operating results; changes in technology; competition; anticipated growth for us and our industry that may not occur; managing rapid growth; managing any rapid declines in customer demand that may occur; our ability to successfully consummate acquisitions; managing the integration of businesses we acquire; risks associated with international sales and operations; retaining key personnel; our dependence on a limited number of customers; 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, 2005, 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.
Contact:
Ken Darby
Jabil Circuit, Inc.
727-577-9749
ken_darby@jabil.com
This news release contains forward-looking statements, including those regarding the anticipated outlook for our business, our currently estimated third quarter and full fiscal year 2006 net revenue and earnings results and our long-term outlook for our company, our industry and our business sectors. 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: fluctuations in operating results; changes in technology; competition; anticipated growth for us and our industry that may not occur; managing rapid growth; managing any rapid declines in customer demand that may occur; our ability to successfully consummate acquisitions; managing the integration of businesses we acquire; risks associated with international sales and operations; retaining key personnel; our dependence on a limited number of customers; 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, 2005, 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.
