KEMET Corp. announced that Mr. Joseph D. Swann, who is one of nine current directors, informed the company's Board of Directors on May 11, 2013 that he does not plan to stand for re-election at the company's Annual Meeting of Stockholders, which is scheduled to occur on July 25, 2013. As a result, the Board has elected to reduce the size of the company's Board from nine to eight directors, effective immediately following the Annual Meeting. Mr. Swann's decision not to stand for re-election is not the result of any disagreement with the company, and he will continue to serve as a director through the Annual Meeting.

KEMET Corp. introduced its new KEMET Power Solutions High Temperature (KPS HT) multilayer stacked capacitors. KEMET's KPS HT Series devices with an X8L dielectric utilize a proprietary lead-frame technology to vertically stack one or two multilayer ceramic chip capacitors (MLCCs) into a single compact surface mount package. The two-chip vertically stacked device offers up to double the capacitance in the same or smaller design footprint, allowing for both component and board space reductions. Providing up to 10mm of board flex capability, KPS HT Series capacitors are environmentally friendly and in compliance with RoHS regulations. They are also capable of Pb-Free reflow profiles and provide extremely low ESR and ESL. Utilizing an X8L dielectric, these devices can provide reliable operation up to 150 degrees C and are well suited for high temperature filtering, bypass and decoupling applications. Typical markets include alternative energy, industrial/lighting, medical, telecommunications, automotive, and defense and aerospace. KPS HT Series stacked capacitors complement KEMET's extensive high temperature product portfolio, with capacitance solutions available for extreme temperature applications up to 260 degrees C. In addition to Commercial grade, Automotive grade devices are available and meet the demanding Automotive Electronics Council's AEC-Q200 qualification requirements.

KEMET Corporation announced the expansion of its High Reliability Hermetic Seal product line to include the high temperature solder option. This option indicates an internal construction solder with a minimum melting point of +221 degrees Celsius. To simplify the ordering process and provide absolute identification, KEMET has assigned new series for this product including, T215 High Temperature Solder Series, T225 High Temperature Solder Series, T245 High Temperature Solder Series and T255 High Temperature Solder Series. Typical markets include alternative energy, medical, telecommunications, transportation, and defense and aerospace. These devices are well-suited for coupling, bypass, filtering and RC timing circuits, and complement KEMET's T110, T140, T212, T252 and T242 capacitors.