Celestica collaborates with Microsoft on the development of BEE3 platform prototypes



    Platform Enables Emulation of a Multi-Core Processor Environment
    With At Least 1000 Cores

    To be Demonstrated at Microsoft's Techfest in Redmond, WA on March 4,
    2008

    TORONTO, March 4 /CNW/ - Celestica Inc. (NYSE, TSX: CLS), a global
provider of innovative electronics manufacturing services (EMS), today
announced it has collaborated with Microsoft on the design of the BEE3,
Berkeley Emulation Engine 3rd version, to improve the ability of Microsoft and
other companies to conduct computer architecture research.
    Microsoft's BEE3 development platform enables emulation of a multi-core
processor environment with at least 1000 cores. This is accomplished by four
interconnected field-programmable gate arrays (FPGAs) linked to a variety of
high-speed interfaces. The platform can scale smoothly from a single board to
64 boards or 256 FPGAs. The BEE3 platform enables large-scale architectural
research in areas such as ECAD tool acceleration, scientific computing and
computer architecture emulation.
    "We are dedicated to developing new and innovative technologies that will
shape the future computing experience," said Chuck Thacker, Microsoft
Technical Fellow. "The production of the BEE3 platform required a deep
understanding of complex high speed design and production. Based on our
experience with Celestica, we knew their engineering talent, experience and
CoreSim(TM) design tools would help ensure the successful development of this
innovative platform."
    Celestica collaborated with Microsoft on the design and manufacturing of
the prototypes. Specifically, Celestica was responsible for the detailed
hardware specification, schematic capture, layout, signal integrity analysis,
static timing analysis, schematic modeling, design for test and manufacturing.
    "We are delighted that Microsoft chose to utilize our expertise in design
to develop this innovative technology that could contribute to the future of
computing," said Brian Lau, Vice President, Microsoft Global Customer Business
Unit, Celestica. "We have a strong track record supporting Microsoft and are
proud of our ability to provide a broad range of services to meet their needs
including engineering, design, manufacturing, fulfillment and after-market
services."
    For more information on Microsoft's research and the BEE3 project, please
visit: http://research.microsoft.com/projects/BEE3/.

    About Celestica
    ---------------
    Celestica is dedicated to providing innovative electronics manufacturing
services that accelerate our customers' success. Through our efficient global
manufacturing and supply chain network, we deliver competitive advantage to
companies in the computing, communications, consumer, industrial, and
aerospace and defense end markets. Our employees share a proud history of
proven expertise and creativity that provides our customers with the
flexibility to overcome any challenge.
    For further information on Celestica, visit its website at
http://www.celestica.com.
    The company's security filings can also be accessed at
http://www.sedar.com and http://www.sec.gov.

    Safe Harbour and Fair Disclosure Statement
    ------------------------------------------
    This news release contains forward-looking statements related to our
future growth, trends in our industry, our financial and or operational
results, and our financial or operational performance. Such forward-looking
statements are predictive in nature, and may be based on current expectations,
forecasts or assumptions involving risks and uncertainties that could cause
actual outcomes and results to differ materially from the forward-looking
statements themselves. Such forward-looking statements may, without
limitation, be preceded by, followed by, or include words such as "believes,"
"expects," "anticipates," "estimates," "intends," "plans," or similar
expressions, or may employ such future or conditional verbs as "may", "will",
"should," or "would," or may otherwise be indicated as forward-looking
statements by grammatical construction, phrasing or context. The risks and
uncertainties referred to above include, but are not limited to: variability
of operating results among periods; inability to retain or grow our business
due to execution problems resulting from significant headcount reductions,
plant closures and product transfer associated with major restructuring
activities; the effects of price competition and other business and
competitive factors generally affecting the EMS industry; the challenges of
effectively managing our operations during uncertain economic conditions; our
dependence on a limited number of customers; our dependence on industries
affected by rapid technological change; the challenge of responding to
lower-than-expected customer demand; our ability to successfully manage our
international operations; and delays in the delivery and/or general
availability of various components used in the manufacturing process. These
and other risks and uncertainties and factors are discussed in the Company's
various public filings at www.sedar.com and www.sec.gov, including our Form
20-F and subsequent reports on Form 6-K filed with the Securities and Exchange
Commission.
    We disclaim any intention or obligation to update or revise any
forward-looking statements, whether as a result of new information, future
events or otherwise.

    %SEDAR: 00010284E




For further information:

For further information: Pam White, Celestica Global Communications,
Phone: (416) 448-2200, Email: media@celestica.com

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