January 10, 2007 16:15 ET

DDi Corp. Appoints Jerry Barnes as New Senior VP - Sales

ANAHEIM, CA -- (MARKET WIRE) -- January 10, 2007 -- DDi Corp. (NASDAQ: DDIC), a leading provider of technologically advanced PCB engineering and manufacturing services, announced that effective January 18, 2007 Jerry Barnes will become the Company's new Senior Vice President of Sales. Mr. Barnes will assume responsibility for management of the Company's sales function from Mike Sheehy, who will remain with the Company and shift his focus to assume responsibility for DDi's marketing function.

"We are very excited to have Jerry Barnes joining the DDi team to lead our sales organization," said Mikel Williams, DDi's Chief Executive Officer. "Jerry comes to DDi with extensive experience in the PCB industry. I believe he will add considerable strength to our senior management team and help accelerate our top line growth."

Mr. Barnes has over twenty years of sales experience in the printed circuit board industry. He has served as Vice President of Sales for TTM Technologies, a printed circuit board manufacturer, since September 2005. From 2004 to 2005, he served as Vice President of Sales and Marketing for Cosmotronic, a printed circuit board manufacturer. Mr. Barnes served as President and Chief Executive Officer of Winonic, Inc., a privately held printed circuit board design and manufacturing company, from 2003 to 2004. From 1990 to 2003, he served in numerous capacities for the Advanced Interconnect Division of Toppan Electronics, a division of Toppan Printing Co. Ltd., including President and Chief Operating Officer from 1999 to 2003, Vice President of Sales and Marketing from 1995 to 1999, and Director of Sales and Marketing from 1993 to 1995. Mr. Barnes holds a Bachelor of Science in Business Administration from Delaware State University.

About DDi

DDi is a leading provider of time-critical, technologically advanced, electronics manufacturing services. Headquartered in Anaheim, California, DDi and its subsidiaries offer PCB engineering, fabrication and manufacturing services to leading electronics OEMs and contract manufacturers worldwide from its facilities across North America and with manufacturing partners in Asia.

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995

Except for historical information contained in this release, statements in this release may constitute forward-looking statements regarding the Company's assumptions, projections, expectations, targets, intentions or beliefs about future events. Words or phrases such as "anticipates," "believes," "estimates," "expects," "intends," "plans," "predicts," "projects," "targets," "will likely result," "will continue," "may," "could" or similar expressions identify forward-looking statements. Forward-looking statements include, but are not limited to, statements above that the proposed transactions will be accretive to stockholders, DDi's ability to extend its presence in other markets which it believes are less vulnerable to other manufacturers, and the anticipated benefits of the acquisition of Sovereign Circuits. Forward-looking statements involve risks and uncertainties, which could cause actual results or outcomes to differ materially from those expressed. We caution that while we make such statements in good faith and we believe such statements are based on reasonable assumptions, including without limitation, management's examination of historical operating trends, data contained in records, and other data available from third parties, we cannot assure you that the Company's projections will be achieved. In addition to other factors and matters discussed from time to time in the Company's filings with the U.S. Securities and Exchange Commission, or the SEC, some important factors that could cause actual results or outcomes for DDi or its subsidiaries to differ materially from those discussed in forward-looking statements include: the anticipated benefits to the Company of the sale of the assembly business and the acquisition of Sovereign Circuits may not be realized; changes in general economic conditions in the markets in which we may compete and fluctuations in demand in the electronics industry; the Company's ability to sustain historical margins; increased competition; increased costs; loss or retirement of key members of management; increases in the Company's cost of borrowings or unavailability of additional debt or equity capital on terms considered reasonable by management; and adverse state, federal or foreign legislation or regulation or adverse determinations by regulators. Any forward-looking statement speaks only as of the date on which such statement is made, and, except as required by law, we undertake no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made or to reflect the occurrence of unanticipated events. New factors emerge from time to time, and it is not possible for management to predict all such factors.

Contact Information

  • For Further Information:

    Sally Goff
    Chief Financial Officer
    (714) 688-7200
    Email Contact

    AT NMC Partners:
    Kathleen Buczko
    Investor/Analyst Information
    (562) 366-1552
    Email Contact