TORONTO -- Celestica Inc. was named 2005 EMS (electronics manufacturing services) Company of the Year by Frost & Sullivan consulting company. The award recognizes Celestica's success in its market diversification strategy; year-over-year revenue growth; technology leadership; and strategic global footprint.

"By working closely with its customers, Celestica has been successful in anticipating their needs and providing them with cost-effective and innovative services that deliver competitive advantage," said Vikram Shanbhag, a senior research analyst at F&S. "Celestica has also successfully diversified its end markets and implemented operational improvement initiatives that have improved revenue growth. This makes Celestica a deserving recipient of the 2005 EMS Company of the Year Award from Frost & Sullivan."
 
According to a press release, Celestica was chosen based on the following achievements:
 
* Strong y-o-y revenue growth: For fiscal 2004, revenue increased 31% over 2003.
 
* Technology leadership: Celestica offers a suite of Green Services to help OEMs comply with emerging environmental legislation, including RoHS and WEEE.
 
* Strategic global footprint: Celestica is rebalancing its global footprint.
 
* Diversifying end-market strategy: Celestica expanded into the aerospace and defense, automotive and industrial markets, boasting 152% growth over 2003.  The acquisition of Manufacturers Services Ltd (MSL), which closed in 2004, enhanced this progress.

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