Plexus Announces Manufacturing Agreement With The Coca-Cola Company

NEENAH, Wis., June 10 WI-PlexusCorp.
NEENAH, Wis., June 10 /PRNewswire-FirstCall/ -- Plexus Corp. (Nasdaq: PLXS), announced today that it is partnering with The Coca-Cola Company to manufacture Coca-Cola Freestyle(TM), a new proprietary fountain dispenser that utilizes innovative technology to dispense more than 100 different branded sparkling and still beverages from a single freestanding unit. The Coca-Cola Company will leverage Plexus' global supply chain, manufacturing solutions and expertise in engineering services to bring this revolutionary product to market. Plexus first referenced this program as a new confidential mechatronics win in its 2008 fiscal year-end earnings press release.

Todd Kelsey, Sr. Vice President-Global Customer Services, commented, "We are excited to add The Coca-Cola Company as a customer in our Industrial/Commercial market sector. We believe this relationship further validates the opportunities that are attainable within the mechatronics space through our sector-based go-to-market strategy. We are focused on the successful launch of this program and look forward to leveraging our Product Realization Services to assist The Coca-Cola Company in the future evolution of this product technology."

Mike Buseman, Sr. Vice President-Global Manufacturing Operations, added, "We are providing The Coca-Cola Company with an advanced solution that delivers complex supply chain management and integrated manufacturing services from our new mechatronics facility near Appleton, Wisconsin and our Juarez, Mexico facility to deliver a field-ready unit. This program demonstrates our extensive capabilities in mechatronics system manufacturing, an advanced assembly competency that we have been developing over the past several years."

Dean Foate, President and CEO, added, "This is a significant opportunity for Plexus and aligns with our vision to be the best EMS Company in the world serving the mid- to low-volume, higher mix segment of the EMS market where opportunities for complex mechatronics design, assembly and fulfillment reside. We are delighted that The Coca-Cola Company has chosen Plexus to be one of its trusted partners to bring this exciting new product technology to the market."

For further information, please contact:

Ginger Jones, Vice President, Chief Financial Officer - Plexus Corp.
920-751-5487 or ginger.jones@plexus.com

About The Coca-Cola Company
The Coca-Cola Company is the world's largest beverage company, refreshing consumers with nearly 500 sparkling and still brands. Along with Coca-Cola(R), recognized as the world's most valuable brand, the Company's portfolio includes 12 other billion dollar brands, including Diet Coke(R), Fanta(R), Sprite(R), Coca-Cola Zero(R), vitaminwater, POWERADE(R), Minute Maid(R) and Georgia(R) Coffee. Globally, we are the No. 1 provider of sparkling beverages, juices and juice drinks and ready-to-drink teas and coffees. Through the world's largest beverage distribution system, consumers in more than 200 countries enjoy the Company's beverages at a rate of nearly 1.6 billion servings a day. With an enduring commitment to building sustainable communities, our Company is focused on initiatives that protect the environment, conserve resources and enhance the economic development of the communities where we operate. For more information about our Company, please visit our Web site at www.thecoca-colacompany.com. "Coca-Cola Freestyle(TM)" is a trademark of The Coca-Cola Company.

About Plexus Corp. - The Product Realization Company
Plexus (www.plexus.com) is an award-winning participant in the Electronics Manufacturing Services (EMS) industry, providing product design, supply chain and materials management, manufacturing, test, fulfillment and aftermarket solutions to branded product companies in the Wireline/Networking, Wireless Infrastructure, Medical, Industrial/Commercial and Defense/Security/Aerospace market sectors.

The Company's unique Focused Factory manufacturing model and global supply chain solutions are strategically enhanced by value-added product design and engineering services. Plexus specializes in mid- to low-volume, higher mix customer programs that require flexibility, scalability, technology and quality.

Plexus provides award-winning customer service to more than 100 branded product companies in North America, Europe and Asia.

Safe Harbor and Fair Disclosure Statement
The statements contained in this release that are not historical facts (such as statements in the future tense and statements including "believe," "expect," "intend," "plan," "anticipate," "goal," "target" and similar terms and concepts), are forward-looking statements that involve risks and uncertainties. These risks include those relating to many new program wins such as: the lack of track record for the product; customer forecasts not resulting in the expected revenues and profitability; the degree of consumer acceptance of the new product; the effect of the economy on product introduction; and our ability to manufacture items that we have not previously produced. In addition, other risks and uncertainties affecting our business and our ability to grow and prosper in the future include, but are not limited to: the economic performance of the electronics, technology and defense industries; the risk of customer delays, changes or cancellations in both ongoing and new programs; the poor visibility of future orders, particularly in view of current economic conditions; the effects of the volume of revenue from certain sectors or programs on our margins in particular periods; our ability to secure new customers and maintain our current customer base and deliver product on a timely basis; the risks relative to new customers, which risks include customer delays, start-up costs, our potential inability to execute and lack of a track record of order volume and timing; the risks of concentration of work for certain customers; the weakness of the global economy and the continuing instability of the global financial markets and banking system, including the potential inability on our part or that of our customers or suppliers to access cash investments and credit facilities; material cost fluctuations and the adequate availability of components and related parts for production; the effect of changes in average selling prices; the effect of start-up costs of new programs and facilities, including our recent and planned expansions, such as our new facility in Oradea, Romania; the adequacy of restructuring and similar charges as compared to actual expenses, including the recently completed closure of our Ayer, Massachusetts facility and workforce reductions at our Juarez, Mexico facility and other North American facilities; the degree of success and the costs of efforts to improve the financial performance of our Mexican operations; possible unexpected costs and operating disruption in transitioning programs; the potential effect of world events (such as changes in oil prices, terrorism, epidemics, drug cartel-related violence in Juarez, Mexico and war in the Middle East); the impact of increased competition; and other risks detailed in the Company's Securities and Exchange Commission filings (particularly in Part II, Item 1A of our quarterly report on Form 10-Q for the quarter ended April 4, 2009).



SOURCE Plexus Corp.