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Celestica Recognizes Maysteel
with First Year Global Supplier Award

June 15, 2001

Partner in Performance award presented by Celestica at its third annual Global Supplier Awards for Supply Chain Management Toronto, ON – Maysteel today announced it was awarded a first year Partners in Performance award by Celestica Inc. (NYSE, TSE: CLS), a world leader in electronics manufacturing services (EMS).

Awards were handed out last night to select suppliers at Celestica's third annual Global Supplier Awards in Toronto. The awards were given in recognition of outstanding achievements and support of Celestica's electronics manufacturing services goals.

"We are extremely pleased to be recognized by an industry leader like Celestica," says Kim Harter, Chief Executive Officer of Maysteel. "We take great pride in our engineering and manufacturing capabilities. This award is also a tribute to our employees for their commitment to meet Celestica's aggressive growth requirements.

The Partners in Performance awards are given to suppliers based on their ability to support Celestica's supply chain management objectives in the following areas: flexibility and responsiveness, impact on asset management, effectiveness and efficiency, and overall supplier performance.

"Maysteel's support of Celestica's supply chain requirements were essential to the success of Celestica's relationships with its customers," said Karlheinz Totz, vice president, corporate commodity management, Celestica. "We're proud to recognize Maysteel as one of Celestica's Partners in Performance."

About Celestica:
Celestica is a world leader in electronics manufacturing services (EMS) for industry leading original equipment manufacturers (OEMs), primarily in the computer and communications sectors. With facilities in North America, Europe, Asia and Latin America, Celestica provides a broad range of services including design, prototyping, assembly, testing, product assurance, supply chain management, worldwide distribution and after-sales service. For further information on Celestica, visit their web site. The company's security filings can also be accessed at http://www.sedar.com and http://www.sec.gov.com.

 

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