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STMicroelectronics Wins Award from Nokia for Outstanding Achievement in Sustainability

GENEVA, Oct 01, 2010 /PRNewswire via COMTEX/ --

STMicroelectronics (NYSE: STM), one of the world's top semiconductor chip makers, today announced it had been recognized for its achievements in 'Sustainability' by Nokia, the world leader in mobile communications. Nokia presented its award for 'Outstanding Achievement in the Category of Sustainability' to ST at Nokia World 2010 in London, during the Nokia 'Collaboration Day.'

"Nokia and STMicroelectronics have worked closely together over many years, sharing concepts and best practices for sustainability, most intensely within the area of environmental protection," said Jean-Francois Baril, Senior Vice President and Head of Sourcing, Nokia. "This award acknowledges STMicroelectronics' outstanding commitment and efforts in sustainable business practices."

"The long-term partnership between ST and Nokia has its roots in integrity in business conduct, state-of-the-art technology and product portfolio, and the dedication of people," said Andrea Cuomo, Executive Vice President, EMEA (Europe, Middle East and Africa) Region, STMicroelectronics. "An award of this nature from a world-leading company such as Nokia is a very significant recognition of ST's efforts to accomplish excellence in sustainability in its business operations. ST's continuing endeavors to achieve excellence in quality, customer satisfaction and world-class environmental performance."

ST's Sustainable Excellence program was designed to embed Corporate Responsibility into every level of the Company's activities. The term reflects ST's firm belief in its ability to balance stakeholders' expectations to make the Company 'sustainable' - successful now and in the future - in the short and long term, and also enable it to contribute to sustainable development at a global level.

ST's Corporate Responsibility Report for 2009 is available online at: www.st.com/stonline/company/sd/report09/cr09.pdf.

About STMicroelectronics

STMicroelectronics is a global leader serving customers across the spectrum of electronics applications with innovative semiconductor solutions. ST aims to be the undisputed leader in multimedia convergence and power applications leveraging its vast array of technologies, design expertise and combination of intellectual property portfolio, strategic partnerships and manufacturing strength. In 2009, the Company's net revenues were $8.51 billion. Further information on ST can be found at www.st.com.

SOURCE STMicroelectronics