Photronics Named Supplier of the Year by Fairchild Semiconductor

BROOKFIELD, Conn.--(BUSINESS WIRE)--Photronics, Inc. (Nasdaq:PLAB), a worldwide leader in supplying innovative imaging technology solutions for the global electronics industry, today announced that Fairchild Semiconductor has awarded the Company its Photomask Supplier of the Year Award. Each year Fairchild Semiconductor’s wafer fab operations in the United States and Korea rank their key suppliers in the categories of Quality, Delivery, Service, Technology & Systems, and Cost of Ownership. The criteria requires that each Photronics manufacturing site worldwide must achieve a rating of greater than 90% in all categories for each Fairchild wafer manufacturing location.

“Our customers need to differentiate themselves in the market place, and they expect excellent quality as part of our commitment to help them succeed”

Constantine (“Deno”) Macricostas, Photronics’ chairman and chief executive officer, commented, “Photronics strives to maintain outstanding value, quality and customer service. Our relationship with Fairchild Semiconductor continues to develop and strengthen with each year. We appreciate their vote of confidence in awarding Photronics the coveted 2009 Supplier of the Year award and look forward to continuing our highly valued partnership.”

“Our customers need to differentiate themselves in the market place, and they expect excellent quality as part of our commitment to help them succeed,” stated Mike Watson, Fairchild’s vice president, South Portland Operations. “The Photomask Supplier of the Year Award, named after C. Sheldon Roberts, one of Fairchild Semiconductor’s original founders in 1957, is presented to the supplier that meets our stringent goals. We’re pleased to present the award to Photronics, and look forward to working with them in the future.”

About Photronics

Photronics is a leading worldwide manufacturer of photomasks. Photomasks are high precision quartz plates that contain microscopic images of electronic circuits. A key element in the manufacture of semiconductors and flat panel displays, photomasks are used to transfer circuit patterns onto semiconductor wafers and flat panel substrates during the fabrication of integrated circuits, a variety of flat panel displays and, to a lesser extent, other types of electrical and optical components. They are produced in accordance with product designs provided by customers at strategically located manufacturing facilities in Asia, Europe, and North America. Additional information on the Company can be accessed at www.photronics.com.

The Private Securities Litigation Reform Act of 1995 provides a “safe harbor” for forward-looking statements made by or on behalf of Photronics, Inc. and its subsidiaries (the Company). The forward-looking statements contained in this press release and other parts of Photronics’ web site involve risks and uncertainties that may affect the Company’s operations, markets, products, services, prices, and other factors as discussed in filings with the United States Securities and Exchange Commission. These risks and uncertainties include, but are not limited to, economic, competitive, legal, governmental, and technological factors. Accordingly, there is no assurance that the Company’s expectations will be realized. The Company assumes no obligation to provide revisions to any forward-looking statements.

About Fairchild Semiconductor

Fairchild Semiconductor (NYSE: FCS) – global presence, local support, smart ideas. Fairchild delivers energy-efficient, easy-to-use and value-added semiconductor solutions for power and mobile designs. We help our customers differentiate their products and solve difficult technical challenges with our expertise in power and signal path products. Please contact us on the web at www.fairchildsemi.com.

16-2010