MeltroniX Receives New Orders From Raytheon & TRW

Business Wire,  July 19, 2000  

Tags: Raytheon Co., TRW

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Business Editors

SAN DIEGO--(BUSINESS WIRE)--July 19, 2000

MeltroniX Inc., (OTCBB:MTNX - news), a technology leading semiconductor interconnect company serving wireless/broadband communication, Internet equipment and medical markets, Wednesday announced that it has received multiple new purchase orders from current customers including Raytheon Systems Company, TRW and others to supply semiconductor microelectronic assemblies and services. The recent orders are expected to ship before the end of the year.

"We have truly turned the corner in terms of expanding our business this year," stated Andrew K. Wrobel, president, CEO and chairman of the board of MeltroniX. "For the first time since I joined the company my primary focus is entirely on managing growth for the immediate needs of our customers and this is exactly what I have been looking forward to," added Wrobel.

MeltroniX has been expanding its customer base and increasing new purchase orders steadily in the current year and has a business base on its books that will lead to significant growth in the current fiscal year for the first time in over 3 years.

About MeltroniX

MeltroniX Inc. caters to high growth OEM electronic industries including Internet equipment, wireless and broadband communication, medical and other electronic systems and integrated circuits (IC) manufacturers. With headquarters in San Diego, the company provides semiconductor interconnect solutions utilizing their expertise in design, volume manufacturing, and testing. With on-site manufacturing facilities and a class 10,000 clean room, MeltroniX develops, manufactures, and sells high-density microelectronic assemblies and services. MeltroniX's Web site can be found at www.meltronix.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 is not certain that there will be future growth in revenue or profits. The company's actual results could differ materially from those anticipated in these forward looking statements as a result of certain factors including those set forth in the risk factors in its form 10-Q Quarterly Reports and Form 10-K Annual Reports.

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