Contacts:
FOA Purchasing Partners Inc., L.T. Guttadauro, +1 408 725 7127, LT@waferquote.com
Barbara Kalkis, Maestro Marketing & PR, +1 408 996 9975, kkalkis@compuserve.com
FOA PURCHASING PARTNERS, INC., ANNOUNCES FIRST PREFFERED
VENDOR AGREEMENTS
Twelve device maker members form core procurement collaborative
Cupertino, CA - October 16, 2007 -- FOA Purchasing Partners, Inc. (PPI), the official group purchasing organization of the Fab Owners Association (www.waferfabs.org), today announced the first Preferred Vendor Agreements (PVA's) since its formation in June 2007:
"All of our Preferred Vendors have provided PPI members with verifiable saving over what any single company could expect to receive," said L.T. Guttadauro, president of FOA PPI. "This is the power of collaboration."
FOA PPI does member procurement studies leading to aggregation of demand,
procurement negotiations and contract administration for its members.
The current members are AMI Semiconductor, Austriamicrosystems AG, Avago
Technologies, Cypress Semiconductor, Diode FabTech, Fairchild Semiconductor,
International Rectifier, Intersil, Micrel Semiconductor, Microchip Technology,
ON Semiconductor, and Skyworks Solutions. The member companies had combined
gross revenues of $11.2B in 2006.
About FOA PPI:
FOA Purchasing Partners, Inc (PPI) is a California corporation headquartered
in Cupertino, California. PPI is an affiliate of the Fab Owners Association
(FOA) and the official group purchasing organization of the FOA, providing,
among other services, purchasing negotiations and contract management.
Please visit http://www.waferquote.com/.
"Fab Owners Association" and the "FOA" logos are used solely by permission of the Fab Owner's Association. "FOA PPI" is a trademark of FOA Purchasing Partners, Inc. References to other companies and their products use trademarks owned by the respective companies and are for reference purposes only.
About FOA:
Fab Owners Association (FOA) is an international, nonprofit, trade association,
founded in 2004 and headquartered in Cupertino, California. The FOA provides
a forum for semiconductor manufacturing executives and industry suppliers
to discuss common manufacturing issues often leading to company wide cost
savings. Full Membership companies must own and operate a semiconductor
or MEMS fabrication facility. Other membership levels are available.
Please visit http://www.waferfabs.org/.
"Fab Owners Association" and the "FOA" logo are trademarks
of Fab Owners Association, a California corporation. References to other
companies and their products use trademarks owned by the respective companies
and are for reference purposes only.
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