MPI To Supply National Semiconductor Corp.
12 February 1999
MPI To Supply National Semiconductor Corp.
SAN DIEGO--Feb. 12, 1999--Microelectronic Packaging Inc. (MPI) (OTC BB:MPIX) announced today that it has begun supplying microelectronic products to National Semiconductor Corp.
"MPI is extremely pleased to add National Semiconductor to our growing list of new customers that have been added since we have expanded our sales force," said Dudley Westlake, vice president of sales & marketing. "Now that we are established as a qualified source for the initial products at National, we will be actively seeking to expand our relationship," Westlake added.
Microelectronic Packaging Inc. (MPI) serves the rapidly growing Electronic Manufacturing Services (EMS) marketplace as a high-density interconnect solutions company providing design services, manufacturing and testing capabilities. MPI satisfies the requirements of integrated circuits (ICs) and electronic systems manufacturers.
Headquartered in San Diego, with on-site manufacturing facilities, the company develops, manufactures, markets and sells high density miniature microelectronic assemblies to customers in the commercial, medical, military/aerospace, telecommunications, automatic test equipment (ATE) and electronics-related industries. MPI's Web site can be found at www.mpix.com.
Forward Looking Statement. Included in this release are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Although the company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations reflected in such forward-looking statements will prove to have been correct. The company's actual results could differ materially from those anticipated in the forward-looking statements as a result of certain factors including: its ability to successfully secure the necessary funding to make approximately $9 million in debt settlement payments, its dependence on a limited number of customers, limited cash flow to fund current and future operations and other market factors which are outside the company's control. Additional information on these and other factors that could potentially affect the company's financial results may be found in the company's filings with the Securities and Exchange Commission.
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