AGERE SYSTEMS ANNOUNCES STRUCTURE AND LEADERSHIP TEAM FOR NEW OPERATIONS GROUP

ข่าวทั่วไป Monday September 24, 2001 13:25 —PRESS RELEASE LOCAL

Bangkok--Sep 24--Aziam Burson-Marsteller Agere Systems (NYSE: AGR.A), the world leader in communications components, today announced the new structure and leadership team for its Operations group. This group, which includes all aspects of procurement, manufacturing and supply chain management for Agere, will be formed as part of the company's recently announced business reorganization, which will take effect on Oct. 1, 2001. "Last month we announced that we will combine manufacturing and supply chain management for optoelectronics components and integrated circuits under a new Operations group with the goal of bringing a full-systems perspective to our manufacturing processes," commented Khun Sumrian Suthivong, Managing Director of the Agere Systems Microelectronics plant in Thailand. After the reorganisation, he will become Vice President in addition to remaining as Managing Director. He adds, "We are now putting in place the appropriate structure and a strong management team, which will enable us to realize that goal." Sumrian Suthivong will directly report to John Pittman, Vice President Assembly and Test Operation for Agere's Singapore; Thailand; Alhambra and Irwindale, Calif.; Matamoros, Mexico; and Breinigsville, Reading and Allentown. Peter Kelly will be Agere Vice President and lead its operations group. Agere Systems is the world's No.1 provider of components for communications applications with leadership in optical components and integrated circuits. This dual capability uniquely positions Agere to deliver integrated solutions that form the building blocks for advanced wired, wireless, and optical communications networks. Agere also designs and manufactures a wide range of semiconductor solutions for communications-related devices used by consumers such as cellular phones, modems, and hard disk drives for personal computers and workstations. In addition, the company supplies complete wireless computer networking solutions through the ORiNOCOƒ product line. More information about Agere Systems is available from its Web site at http://www.agere.com. This release contains forward-looking statements based on information available to Agere as of the date hereof. Agere's actual results could differ materially from the results stated or implied by such forward-looking statements due to a number of risks and uncertainties. These risks and uncertainties include, but are not limited to, completion of the distribution or sale of Agere stock by Lucent Technologies Inc., customer demand for our products and services, control of costs and expenses, timely completion of employment reductions and other restructuring activities, price and product competition, keeping pace with technological change, dependence on new product development, reliance on major customers and suppliers, availability of manufacturing capacity, components and materials, general industry and market conditions and general domestic and international economic conditions including interest rate and currency exchange rate fluctuations. For a further discussion of these and other risks and uncertainties, see the prospectus filed by Agere with the Securities and Exchange Commission on March 28, 2001, and Agere's subsequent reports on Form 10-Q. Agere disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Contact: Cynthai Leung852-3129-2031 (office)852-3129-2020 (fax)[email protected] End.-AN-

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