Market Demand for Best Quality, Reliability & Cost of Ownership Plays to Merix's Strengths as Company Expands Customers, Market Share and Growth of Key U.S. Sector
BEAVERTON, OR -- (Marketwire) -- 05/28/09 -- U.S. based printed circuit board (PCB)
manufacturer Merix Corporation (NASDAQ: MERX) today announced several key
milestones that underscore the success of the company's defense and
aerospace growth strategy. The management team has taken aggressive
measures to leverage Merix's industry leading quality, reliability,
technology and manufacturing expertise to capitalize on new growth
opportunities in the defense and aerospace sector. Today, Merix has grown
market share and is partnered with multiple leading defense and aerospace
customers, providing advanced PCB solutions for critical military and
civilian use. Applications include flight deck avionics, cabin electronics,
information management, GPS, radio and tactical military communications,
tactical smart munitions, radar systems, satellite communications, and
simulation systems.
High Reliability PCB Manufacturing for the Defense and Aerospace Industry
The defense and aerospace industry's demand for superior quality is a
natural fit for Merix, long a leader in the manufacture of high reliability
and high technology PCB products. Additionally, significant investments in
engineering support, product development and the attainment of critical
military certifications have helped position Merix as a key supplier.
Complementing Merix's technology and manufacturing leadership is 24 hours a
day and seven days a week customer service, as well as exceptional field
applications engineering support. Merix also recently announced that each
of its North American factories is qualified to MIL-PRF-31032, an important
military certification that establishes strict standards and recognizes
Merix's advanced quality management and production systems.
"In 2007, we committed to a strategic realignment with a focus on expanding
our technology and manufacturing capability to increase market share in the
defense and aerospace sector," stated Michael D. Burger, president and CEO
of Merix Corporation. "Almost two years later, I am pleased to say that we
have completed that phase, making significant progress that will help
position our company for long-term growth and profitability. By managing
our resources effectively, keeping pace with our defense and aerospace
customers' technology roadmaps and continuing to score high in quality,
reliability, engineering and customer support, we will enable our customers
to gain access to fast, technologically advanced cost-effective PCB
manufacturing solutions. We have laid the foundation, and now we are ready
for continued growth."
As a result of these efforts, Merix now offers the defense and aerospace
industry a seamless transition from PCB prototyping to high-volume PCB
manufacturing across a broad array of technologies, such as high
performance materials, advanced HDI structures (including plated and filled
vias, stacked microvias, and copper-filled microvias), and embedded
passives (including sub-1 mil embedded capacitance and buried resistor
technology). Merix's state of the art manufacturing facilities feature
leading edge, automated processes and a sophisticated global ERP/MRP. The
successful realignment of its U.S. facilities and the execution of its
defense and aerospace strategy have enabled Merix to significantly increase
market share in the U.S. while continuing to lead in its traditional
computing, peripherals and communications markets.
About Merix:
Headquartered in the United States, Merix is a leading provider of
technologically advanced rigid, multi-layer printed circuit boards used in
the design and development of complex electronic applications. The company
maintains operations throughout Asia, Europe and North America. It provides
a large, diverse worldwide customer base with a seamless and cost effective
transition from quick-turn prototyping through pre-production to
high-volume PCB manufacturing across the broadest array of technologies
worldwide. Principal markets served by Merix's manufactured solutions
include automotive, defense and aerospace, communications, computing,
industrial, networking, peripherals, and test end markets in the worldwide
electronics industry. For more information please visit the company's
website at www.merix.com.
Media Contact:
Stewart Chalmers
Cool Head Communications
Ph: 818-681-3588
E-mail: stew@coolheadcommunications.com