Jabil Expands Technology Services

May 30, 2001
Jabil Expands Technology Services30 May 2001
St. Petersburg, FL

Forward - Looking Statement

Jabil Circuit, Inc. (NYSE:JBL) today announced further expansion of Jabil Technology Services with the establishment of three new design centers located in Bergamo, Italy; Penang, Malaysia and Raleigh, North Carolina.

"We are continuing to expand our capabilities in order to better service our global customers," said Jeff Lumetta, Vice President, Jabil Technology Services. "By driving technological innovations we can assist our customers as technology demands on them increase."

The new centers will house electrical and mechanical design services, global test services, printed circuit board layout services and advanced manufacturing technology research. Each new location is staffed and operational.

"We are answering the needs of our customers by offering original design for manufacturing (known as ODM) capability within the EMS business model," said Lumetta. "We provide a broad array of services, including advanced optic design, RF design and the manufacturing solutions necessary to quickly realize volume production."

Jabil Technology Services, a division of Jabil Circuit, is comprised of leading-edge services including product R&D, engineering services, advanced test development and manufacturing research.

About Jabil

Jabil Circuit, Inc. is an electronic manufacturing services provider for international electronics companies in the communications, personal computer, peripheral, consumer and automotive markets. Jabil offers circuit design, board design from schematic, prototype assembly, volume board assembly, system assembly, repair and warranty services from facilities in North America, Europe, Asia and Latin America.

This press release contains certain forward-looking statements, which are subject to a number of risks and uncertainties. The ultimate correctness of these forward-looking statements is dependent upon a number of known and unknown risks and events, and is subject to various uncertainties and other factors that may cause our actual results, performance or achievements to be different from any future results, performance or achievements expressed or implied by these statements. For a list and description of various risks, relevant factors and uncertainties that could cause future results or events to differ materially from those expressed or implied in our forward-looking statements, see our Annual Report on Form 10-K for the fiscal year ended August 31, 2000, any subsequent Reports on Form 10-Q and Form 8-K and our other securities filings.

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