Celestica recognizes top global suppliers

    TORONTO, Oct. 29 /CNW/ - Celestica Inc. (NYSE, TSX: CLS), a global
provider of innovative electronics manufacturing services (EMS), today
announced the winners of its Total Cost of Ownership (TCOO(TM)) Supplier
Awards. The awards honour suppliers who provide the best TCOO performance to
Celestica and its customers and demonstrate excellence in quality, delivery,
technology, service, pricing and flexibility.

    Celestica is pleased to congratulate the TCOO Supplier Award recipients:
      -  Best TCOO Score Award:        On Semiconductor
      -  Best Ring Score Award:        Lite-On
      -  Technical Compliance Award:   Koa Corporation
      -  Best Regional TCOO Score
           -  Americas:                Innovative Packaging Solutions S.A de
           -  Asia:                    Bossard
           -  Europe:                  SCA Packaging
      -  Execution Award:              Murata Electronics
      -  Flexibility Award:            Samtec, Inc.
      -  Best Indirect Services Award: AT&T

    This marks the first year of Celestica's TCOO Supplier Awards program.
The new program aligns with Celestica's Ring strategy which focuses on
shortening lead times through enhanced supplier proximity, as well as its TCOO
supply chain strategy which helps customers deliver high-quality products to
market quickly and at the lowest total cost. Celestica's TCOO system is
designed to calculate the true cost to produce, deliver and support products
and services beyond the supplier invoice price. As such, it considers the
following supplier attributes:

    Quality:     Delivering superior products and services
    Delivery:    Providing products and services at the right time, in the
                 right quantity and at the right price
    Technology:  Utilizing the best information, product manufacturing and
                 delivery technologies
    Service:     Placing the customer as the number one priority and ensuring
                 communication across every step of the process
    Pricing:     Delivering competitive pricing based on volume purchasing
                 through global procurement
    Flexibility: Responding to customers' market demands for product, service
                 and solution delivery worldwide

    "We require the support and commitment of our suppliers to deliver a
global supply chain that responds quickly to changes in end-market demand and
provides customers with the flexibility they need to overcome any challenge,"
said John Boucher, Chief Supply Chain and Procurement Officer, Celestica.
    "I sincerely congratulate the 2006 TCOO Supplier Award winners for their
accomplishments this year and thank them for embracing our supply chain
    For more information on Celestica's TCOO Supplier Awards, please visit

    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
    The company's security filings can also be accessed at
http://www.sedar.com and http://www.sec.gov.

    Celestica 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.

For further information:

For further information: Pam White, External Communications, (416)
448-2200, contactus@celestica.com

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