<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>3
<FILENAME>a2060884zex-99_1.txt
<DESCRIPTION>EXHIBIT 99.1
<TEXT>

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                                                                    Exhibit 99.1

FOR IMMEDIATE RELEASE                                WEDNESDAY, OCTOBER 10, 2001



                      CELESTICA COMPLETES OMNI ACQUISITION

TORONTO, Ontario - Celestica Inc. (NYSE, TSE: CLS), a world leader in
electronics manufacturing services (EMS), announced today that it has completed
its acquisition of Omni Industries Limited (Omni) (SES: OMNI.SI), a diversified
Asian electronics manufacturing services provider headquartered in Singapore.

In consideration for the acquisition, Celestica will issue to Omni shareholders
approximately 9.2 million subordinate voting shares and will pay cash
consideration totaling approximately US$475 million.



ABOUT CELESTICA
Celestica is a world leader in electronics manufacturing services (EMS) for
industry-leading original equipment manufacturers (OEMs). With facilities in
North America, Europe, Asia and Latin America, Celestica provides a broad range
of services including design, prototyping, assembly, testing, product assurance,
supply chain management, worldwide distribution and after-sales service.

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.



CELESTICA SAFE HARBOUR AND FAIR DISCLOSURE STATEMENT
STATEMENTS CONTAINED IN THIS PRESS RELEASE WHICH ARE NOT HISTORICAL FACTS ARE
FORWARD-LOOKING STATEMENTS WHICH INVOLVE RISK AND UNCERTAINTIES WHICH COULD
CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE EXPRESSED IN THE
FORWARD-LOOKING STATEMENTS. AMONG THE KEY FACTORS THAT COULD CAUSE SUCH
DIFFERENCES ARE: THE LEVEL OF OVERALL GROWTH IN THE ELECTRONICS MANUFACTURING
SERVICES (EMS) INDUSTRY; LOWER-THAN-EXPECTED CUSTOMER DEMAND; COMPONENT
CONSTRAINTS; VARIABILITY OF OPERATING RESULTS AMONG PERIODS; DEPENDENCE ON THE
COMPUTER AND COMMUNICATIONS INDUSTRIES; DEPENDENCE ON A LIMITED NUMBER OF
CUSTOMERS; AND THE ABILITY TO MANAGE EXPANSION, CONSOLIDATION AND THE
INTEGRATION OF ACQUIRED BUSINESSES. THESE AND OTHER FACTORS ARE DISCUSSED IN THE
COMPANY'S VARIOUS PUBLIC FILINGS AT HTTP://WWW.SEDAR.COM AND HTTP://WWW.SEC.GOV

AS OF ITS DATE, THIS PRESS RELEASE CONTAINS ANY MATERIAL INFORMATION ASSOCIATED
WITH THIS EVENT.


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                                      -30-


CELESTICA CONTACT:
Laurie Flanagan
Corporate Communications
(416) 448-2200
MEDIA@CELESTICA.COM


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