SOURCE: MFLEX

December 09, 2009 09:00 ET

MFLEX Honors 25 Year Anniversary

Technology Leader Celebrates Global Achievements, Its Communities, Staff, Customers and Shareholders

ANAHEIM, CA--(Marketwire - December 9, 2009) - Multi-Fineline Electronix, Inc. (NASDAQ: MFLX), a leading global provider of high-quality, technologically advanced flexible printed circuit and value-added component assembly solutions to the electronics industry, today announced its 25th year anniversary celebration.

To commence its 25 year celebration, MFLEX held a community event attended by over 2500 employees, suppliers and customers in Suzhou, China. The event also marked MFLEX's 15 years in China. Other events are planned for the next few weeks, which will include a celebration at MFLEX headquarters in Anaheim, California.

Throughout the past 25 years, MFLEX has grown from one small factory to a technology innovation leader with operations in North America, multiple Asian locations and Europe. Currently, the company has begun construction of an additional manufacturing facility in Suzhou. In June 2009, BusinessWeek ranked the company #66 on its Info Tech 100 list.

"This year marks a major milestone for our company, not just our founding 25 years ago but the success we've achieved through partnerships with leading electronics companies and the building of a talented global workforce," said Reza Meshgin, chief executive officer of MFLEX. "We have come a long way from being a small flex manufacturer to becoming a global technology manufacturing company. We expect this to be the beginning of many more years of success and prosperity as we count on the talent, dedication and determination of our colleagues to march forward to a great future."

Since the company was founded in 1984, MFLEX has become the second largest global manufacturer and assembler of flexible printed circuits. In fiscal 2009, MFLEX had more than 15,000 worldwide employees and reported net sales of $764 million USD.

About MFLEX

MFLEX (www.mflex.com) is a global provider of high-quality, technologically advanced flexible printed circuit and value-added component assembly solutions to the electronics industry. The company is one of a limited number of manufacturers that provides a seamless, integrated end-to-end flexible printed circuit solution for customers, ranging from design and application engineering, prototyping and high-volume manufacturing to turnkey component assembly and testing. The company targets its solutions within the electronics market and, in particular, focuses on applications where flexible printed circuits are the enabling technology in achieving a desired size, shape, weight or functionality of an electronic device. Current applications for the company's products include mobile phones and smart mobile devices, medical devices, computer/data storage, portable bar code scanners and other handheld consumer electronic devices. MFLEX's common stock is quoted on the Nasdaq Global Select Market under the symbol MFLX. http://www.mflex.com

Certain statements in this news release are forward-looking statements that involve a number of risks and uncertainties. These forward-looking statements include, but are not limited to, statements and predictions regarding the company's competitive advantages and market opportunities. Additional forward-looking statements include, but are not limited to, statements pertaining to plans, strategies or objectives of management for future operations and any other statement that is not historical fact, including any statement which is preceded by the words "can," "may," or similar words. Actual events or results may differ materially from those stated or implied by the company's forward-looking statements as a result of a variety of factors including the company's ability to develop and deliver new technologies, and other risks detailed from time to time in the company's SEC reports, including its Annual Report on Form 10-K for the year ended September 30, 2009. These forward-looking statements represent management's judgment as of the date of this news release. The company disclaims any intent or obligation to update these forward-looking statements.

MFLEX®, MorphPad™, Smartink™ and Pelikon™ are trademarks or registered trademarks of Multi-Fineline Electronix, Inc. or its affiliates in the U.S., other countries or both. Certain other product names, logos, brands and other trademarks referred to herein are the property of their respective holders, who are not affiliated with MFLEX.

Contact Information

  • For more information contact:
    Meghan Fintland
    MWW Group
    +1 415-318-4332 (office)
    +1 415-202-4339 (mobile)
    Email Contact