GlobeNewswire Inc | Jan 25, 2022 08:30AM EST

January 25, 2022

LIVERMORE, Calif., Jan. 25, 2022 (GLOBE NEWSWIRE) -- FormFactor, Inc. (NASDAQ: FORM), a leading semiconductor test and measurement supplier, announced today that it has been named by Newsweek magazine as one of Americas Most Responsible Companies for the year 2022.

The selection recognizes superior business performance across three categories: Environment, Social and Corporate Governance. Newsweeks multi-faceted evaluation considered key performance indicators such as waste, emissions, water and energy use, leadership diversity, transparency and economic performance. The assessment also solicited feedback from 11,000 US residents who considered factors such as the company supports diversity and is committed to increasing the number of women and ethnic minorities in its workforce and the company uses resources responsibly and acts in an environmentally friendly way.

Our culture is built on a foundation of continuous improvement, and driving FormFactors Environment, Social and Corporate Governance performance to a world-class level has become a key focus for all employees and our Board of Directors in recent years. We are very proud these efforts have resulted in FormFactor being recognized as a leader in corporate responsibility in Newsweeks evaluation. said FormFactor CEO Mike Slessor. We are committed to continuously making positive impact by helping the semiconductor industry improve yields and energy efficiency, in order to advance the sustainability of the global electronics supply chain.

In addition to an Environment and Social focus, FormFactors overall ranking was supported by a high score in Corporate Governance. Among other economic and disclosure dimensions, financial stability and capacity for innovation (measured in R&D investment) were key factors measured.

About FormFactorFormFactor, Inc. (NASDAQ:FORM), is a leading provider of essential test and measurement technologies along the full IC life cycle from metrology and inspection, characterization, modeling, reliability, and design debug, to qualification and production test. Semiconductor companies rely upon FormFactors products and services to accelerate profitability by optimizing device performance and advancing yield knowledge. The Company serves customers through its network of facilities in Asia, Europe, and North America. For more information, visit the Companys website at www.formfactor.com.

Trade ContactDavid VieraCorporate Communications(925) 290-4182david.viera@formfactor.com

Investor ContactStan FinkelsteinInvestor Relations(925) 290-4321ir@formfactor.com