Micronas Honored with Supplier of the Year Award from Grundig (0114)

Freiburg/Nuremberg, August 7, 2001 - Micronas (SWX: MASN, Neuer Markt Frankfurt: MNSN) today announced that it has been presented the Supplier of the Year Award by Grundig for its outstanding performance in quality, service, and customer loyalty. Selection criteria for the annual award are not only quality and service, but also faithfulness to deadlines and pricing policies. Of Grundig's approximately 600 suppliers worldwide only ten were honored with the best supplier award for the year 2000.

"The criteria for the Supplier of the Year Award are very high," said Hans-Jürgen Désor, vice president consumer products at Micronas. "The fact that Micronas is the only chip manufacturer that was awarded proves that Micronas is indeed a leading OEM supplier of ICs for consumer electronics."

To ensure the consistently high quality standards of Grundig's products and continuously improve them, the company's suppliers are also made members of the Grundig quality management system. This makes it possible to monitor and evaluate supplier performance in accordance with such uniform criteria as quality, reliability and environmental consciousness.

Press photo

Hubert Roth (Grundig) and Hans Gauger (Micronas, right) at the presentation of Grundig\'s Supplier of the Year Award.

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