SAN JOSE, Calif., July 7 /PRNewswire-FirstCall/ -- Sanmina-SCI Corporation (the "Company") (NASDAQ:SANM), a leading global Electronics Manufacturing Services (EMS) company, announced today that it has completed and closed the transition of its personal computing BTO/CTO operations and associated logistics services in Australia, Hungary, Mexico and the United States to Foxteq Holdings Inc.("Foxteq"), a member of Foxconn Technology Group. This closing is in accordance with the Company's previous press release on February 19, 2008 announcing the signing of a definitive agreement between Sanmina-SCI Corporation and Foxteq for the sale of certain assets of its personal computing business and associated logistics services.
Chairman and Chief Executive Officer, Jure Sola commented "The closing of this deal signifies a new direction for the company and will allow us to more fully concentrate on our core strengths and targeted end markets. I want to thank our personal computing customers for supporting us and our employees for helping to make the transition as seamless as possible." About Sanmina-SCI Sanmina-SCI Corporation (NASDAQ:SANM) is a leading electronics contract manufacturer serving the fastest-growing segments of the global electronics manufacturing services (EMS) market. Recognized as a technology leader, Sanmina-SCI provides end-to-end manufacturing solutions, delivering superior quality and support to large OEMs primarily in the communications, defense and aerospace, industrial and medical instrumentation, computer technology and multimedia sectors. Sanmina-SCI has facilities strategically located in key regions throughout the world. Information about Sanmina-SCI is available at http://www.sanmina-sci.com/.
SANMF DATASOURCE: Sanmina-SCI Corporation CONTACT: Paige Bombino, Investor Relations of Sanmina-SCI Corporation, +1-408-964-3610, Web site: http://www.sanmina-sci.com/
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