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KEMET Files Lawsuit Against AVX to Protect Trade Secrets

19 January 2005

KEMET Corporation (NYSE: KEM) announced that it has filed a lawsuit against AVX Corporation (NYSE: AVX) in the South Carolina Court of Common Pleas to protect trade
secrets relating to the development and manufacture of tantalum polymer
capacitors. KEMET has been in production with these advanced components since
1999, and they now constitute the fastest growing segment of this market.

In the lawsuit, KEMET alleges that AVX had access to KEMET's trade secrets
after hiring a KEMET scientist working in KEMET's Technology group. The suit
alleges that through this scientist, certain KEMET trade secrets related to
tantalum polymer capacitor manufacturing were acquired by AVX, which has
recently introduced similar products on a commercial basis.

KEMET seeks judgment against AVX for actual and exemplary damages,
attorney's fees, and injunctive relief to eliminate any commercial advantage
that otherwise would be derived by AVX from the misappropriation of KEMET
trade secrets.

Contact: John R. Warner
Vice President, Strategy and Communications
JohnWarner@KEMET.com
864-963-6640


Source: PR Newswire


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