LEVERKUSEN, GERMANY - OCTOBER 7, 2008 - Momentive Performance Materials Inc. (the “Company”) today appear that its wholly-owned subsidiary, Momentive Performance Materials Quartz, Inc., has acquired assertive assets of the semiconductor and lighting quartz articles business of Osram Sylvania Products Inc. (“OSPI”), including accomplishment equipment, inventory, bookish acreage and chump lists. OSPI is a wholly-owned accessory of OSRAM Sylvania Inc. Terms of the transaction were not disclosed.
“This accretion is an important footfall in our affairs to advance in and added advance our semiconductor and lighting quartz articles businesses,” said Ray Kolberg, President and CEO of Momentive Performance Materials Quartz. He added, “We are committed to accomplishing a seamless alteration action for our new customers. As we move forward, we will abide to focus on acknowledging our barter by carrying top above articles and accomplished service.”
“This transaction is connected with the Company’s all-embracing action of deepening its businesses through acquisitions and investments with adorable returns," said Jon Rich, President and CEO of the Company. “We accept it is advisable to body aloft our arch position in the quartz business to bigger position us for approaching growth.”
About Momentive Performance Materials
Momentive Performance Materials Inc. is a arch specialty abstracts company, accouterment high-technology abstracts solutions to the silicones, quartz and ceramics markets. The company, as a all-around baton with common operations, has a able-bodied artefact portfolio, an constant attitude of account excellence, and industry-leading analysis and development capabilities. Momentive Performance Materials Inc. is controlled by an accessory of Apollo Management, L.P. Additional advice is accessible at www.momentive.com.
PR-Contact Europe, Middle East, Africa & India
Robert Scheib
robert.scheib@momentive.com
+49 214 304 0532
PR-Contact Americas/Canada
Nancy Pitts
nancy.pitts@momentive.com
+1 203 761 1938
PR-Contact Asia/Pacific (Japan, Korea, South East Asia, Australia)
Yoshiko Matsuda
Yoshiko.Matsuda@momentive.com
+81 3 5544 3092
PR-Contact Asia/Pacific (Greater China)
Joyce Sun
Joyce.Sun@momentive.com
+86 21 3860 4706
PR-Agency Europe, Middle East, Africa & India
EMG, Brigitta de Vries
bdevries@emg.nl
+31 164 317 020
PR-Agency Asia/Pacific (Japan, Korea, South East Asia, Australia)
Tokyo PR, Mitsuyoshi Sugino
sugino@tokyopr.co.jp
+81 3 3273 2731
PR-Agency Asia/Pacific (Greater China)
Fortune China Public Relations Ltd., Ren Yi
Yi.ren@fortunechina.com.cn
+86 21 6289 5658 – 22
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