BEAVERTON, Oregon, March 27, 2007 -- Tektronix, Inc. (NYSE:TEK) was named a recipient of Intel Corporation's Preferred Quality Supplier (PQS) award for outstanding performance in providing products and services deemed essential to Intel's success. The company was recognized for its efforts supplying Intel with test and measurement equipment. Tektronix and 43 additional PQS award winners will be honored at a celebration in Burlingame, California on March 27.
"This award reflects our commitment to deliver excellence in our products and services in order to help our customers create innovative, market-leading products," said Rick Wills, president and CEO of Tektronix, Inc. "Intel is one of our largest global customers, and we're honored to be recognized for enabling their success."
"Tektronix is a very highly valued supplier of critical technology that has allowed Intel to deliver its next generation microprocessors and chipsets at an accelerated pace. Time and again they have clearly demonstrated a commitment to customer service," said John Barton, general manager, Platform Validation and Enabling, Intel Corporation.
The PQS award is part of Intel's Supplier Continuous Improvement (SCQI) process that encourages suppliers to strive for excellence and continuous improvement. To qualify for PQS status, suppliers must score 80 percent on a report card that assesses performance and ability to meet cost, quality, availability, delivery, technology and responsiveness goals. Suppliers must also manage and deliver on a challenging improvement plan and a quality systems assessment. Additional information about the SCQI program is available at http://supplier.intel.com/quality/.
Intel will also recognize PQS award winners on March 27, 2007 with an advertisement in the U.S., Europe, and Asian editions of The Wall Street Journal.
Tektronix is a leading supplier of test, measurement, and monitoring products, solutions and services for the communications, computer, and semiconductor industries - as well as military/aerospace, consumer electronics, education and a broad range of other industries worldwide. With 60 years of experience, Tektronix enables its customers to design, build, deploy, and manage next-generation global communications networks, advanced and pervasive technologies. Headquartered in Beaverton, Oregon, Tektronix has operations in 19 countries worldwide. Tektronix' Web address is www.tektronix.com.
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