Ventana Funds APTA High Performance Leader of Advanced Packaging

1 August 2000

Ventana Funds APTA High Performance Leader of Advanced Packaging

    IRVINE, Calif.--August 1, 2000--APTA, a leader in the manufacturing of advanced packaging technologies, committed to advance high density, high volume, cost-effective hybrids and multichip modules (MCM) Tuesday announced that Ventana Global has taken an active role in completing APTA's second round of funding to help fund the expansion of a company in the United Kingdom.
    APTA serves the growing demand for circuitry having high I/0 count, high performance, small form factor and high thermal management requirements. The company's customers include leading global equipment manufacturers in the telecommunications, computer, automotive, testing, aviation, medical and defense industries.
    APTA is an active participant in the industry consolidation taking place as traditional suppliers to the military attempt to address emerging applications in the high-speed data communications area.
    APTA provides quick delivery and the highest quality solutions at a competitive price point. APTA's in-house design department incorporates the latest software for layout, routing tools and simulation software. APTA also works equally well with a customer's designs as with their own.
    Per Tonnesen, president of APTA, said, "APTA is in the process of evaluating numerous business combinations with an objective of creating a larger more substantial company in the advance high end packaging sector of the electronic manufacturing service space."
    The chairman of the board, Ventana's Thomas Gephart added, "This second round of funding is indicative of Ventana's ability to identify and support high-potential, early-stage enterprises that have top engineering talent. We believe APTA will continue to offer groundbreaking technology."
    Ventana Global is a visionary, hands-on investor in many entrepreneurial companies and the manager of the Technology Gateway Partnership ("TGP"). The company played an active role in completing APTA second round of funding.