Mr. Craig Muhlhauser reports

CELESTICA EXPANDS BUSINESS RELATIONSHIP WITH HONEYWELL AEROSPACE

Honeywell Aerospace has subcontracted to Celestica Inc. final assembly and test, and repair and overhaul, for certain product lines, including electric power, and air and thermal management systems, at Honeywell's facility in Mississauga, Ont., Canada. The assembly and test operations continue to be based at the Mississauga location, but are now managed by Celestica.

As part of this agreement, approximately 330 full-time employees from the Honeywell Mississauga location have joined Celestica.

"This agreement further strengthens the relationship between Celestica and Honeywell Aerospace and provides the platform for Celestica to deliver additional value to Honeywell," said Craig Muhlhauser, chief executive officer, Celestica. "The operational and regulatory capabilities that Celestica has acquired as part of this agreement, combined with the skills and experience of the team in Mississauga, complement the broad range of aerospace and defence solutions we can offer our customers globally and further differentiates us in the marketplace."

We seek Safe Harbor.