MPI And OHSI Sign Sales Agreement

20 February 1999

MPI And OHSI Sign Sales Agreement

    SAN DIEGO--Feb. 20, 1999--Microelectronic Packaging, Inc. (MPI) (OTC BB:MPIX) and OHSI Marketing announced today that they have signed an agreement for OHSI Marketing to represent MPI in the Pacific Northwest region including Washington, Oregon, Idaho, and British Columbia.
    "OHSI Marketing has over 20 years experience with major electronic manufacturing companies that we are targeting in the Pacific Northwest and their established relationships with these companies is a key element of our strategy to expand our business with OEM customers," said Dudley Westlake, Vice President of Sales & Marketing.
    "We are excited about the opportunities for MPI within our territory and are confident that the technology and manufacturing capabilities that MPI's new management team has put in place serve a clear market need," commented Jill Prater, President of OHSI Marketing.
    OHSI Marketing is an electronic manufacturing representative company with offices in Washington and Oregon. Their representatives have extensive industry experience with leading companies including Intel, Hewlett-Packard, Tektronix, and Mentor Graphics.
    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.

    Note to Editors: For MPI reader inquiries please publish 619/292-7000. OHSI Marketing may be contacted at 206/236-0396