Aurora, IL, April 10, 2013 (GLOBE NEWSWIRE) -- Cabot Microelectronics Corporation (Nasdaq: CCMP), the world's leading supplier of chemical mechanical planarization (CMP) polishing slurries and a growing CMP pad supplier to the semiconductor industry, announced today that it was named as one of only eight companies receiving Intel Corporation's Supplier Continuous Quality Improvement (SCQI) award for its performance in 2012. Cabot Microelectronics Corporation is recognized for its significant contributions in providing Intel with CMP slurries and pads, deemed essential to Intel's success. "We are proud to receive the prestigious Supplier Continuous Quality Improvement (SCQI) award from Intel, a key strategic customer," stated William Noglows, Cabot Microelectronics' Chairman and CEO. "We have been honored to receive five Preferred Quality Supplier awards from Intel over the last six years. The criteria to win the SCQI award are rigorous, and we believe this recognition exemplifies our commitment to be a long term strategic partner to Intel, delivering the highest standards for quality, manufacturing efficiency and technology. We are proud to be distinguished as a world-class supplier among Intel's broad supply chain." "I would like to congratulate Cabot Microelectronics for winning the prestigious Intel SCQI award for 2012! Cabot Microelectronics' dedication to delivering high quality and advanced CMP slurry products is considered world-class. Intel is pleased to recognize your achievements in driving continuous improvement and exceptional quality systems throughout your supply chain," stated Tim Hendry, Intel Corporation Vice President and Fab Materials Operation Director. The SCQI award is part of Intel's SCQI program that encourages Intel's key suppliers to strive for excellence and continuous improvement. To qualify for SCQI status, suppliers must score at least 95 percent on a report card that assesses performance and ability to meet cost, quality, availability, delivery, technology, environmental, social and governance goals. Suppliers must also achieve 90 percent or greater on a challenging improvement plan and demonstrate solid quality and business systems. Additional information about the SCQI program is available at www.intel.com/go/quality . A celebration to honor SQCI award winners was held in Santa Clara on April 9, 2013. An announcement with further information on this award can be found on Intel's website at http://intel.com/ . Intel is a trademark or registered trademark of Intel Corporation or its subsidiaries in the United States and other countries.