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SMTC expands presence in San Jose under new leadership - enhancing support for electronic OEMs in Silicon Valley and the Western Region of North America
SMTC expands presence in San Jose under new leadership - enhancing support for electronic OEMs in Silicon Valley and the Western
By: PR Newswire
Nov. 3, 2006 02:32 PM
TORONTO, Nov. 3 /PRNewswire-FirstCall/ -- SMTC Corporation , a premier mid-size provider of end-to-end electronics manufacturing services (EMS) expands its presence in San Jose, California as part of its growth strategy focused on opportunities in the Western region of the United States. Recently expanding and reconfiguring its foot print to accommodate more manufacturing and configure-to-order capacity, SMTC San Jose offers fully integrated manufacturing services ranging from assembly, testing, box build to final product integration and worldwide customer logistics. Carl Munio, Vice President and General Manager of SMTC San Jose, recently joined SMTC, bringing a wealth of knowledge and expertise in manufacturing and operations with over 35 years of experience in the computer and networking sectors. Carl previously held senior level positions at SBE Inc., Sun Microsystems and Hewlett-Packard. Russ Morrow joined SMTC in May 2006 as Vice President of Sales for the Western Region. Russ brings 10 years of EMS focused sales and account management experience and a strong understanding of the global electronics manufacturing sector. "We are delighted that Carl and Russ have joined SMTC San Jose," stated John Caldwell, President and Chief Executive Officer. "Together with our seasoned staff, they will play a critically important role in building our presence in the Western region and expanding our customer base." SMTC first opened its San Jose facility in 1995 and has developed long-term customers in the telecommunication and industrial fields. SMTC San Jose's expertise lies in SMT, PTH and Mixed Technology combined with advanced digital, analog, RF and GPS end-product applications. SMTC San Jose is a RoHS compliant Class 3 facility with IPC-A-610 Rev. D Certification. SMTC's San Jose facility is an integral part of SMTC's North American manufacturing strategy, as a regional center for new product introduction and lower volume production tightly integrated to its low cost, higher volume centers in Mexico and China. SMTC San Jose offers Western region OEMs access to SMTC's comprehensive portfolio of capabilities ranging from printed circuit board product assembly, larger-scale systems integration and testing, extended supply chain services, enclosure and metal fabrication, custom interconnect, and design/engineering services. SMTC's regional "Copy-Exact" facility in San Jose specializes in high mix, low to medium volume production and configuration/order fulfillment as well as prototyping and new product introduction support. Through its unique use of "Copy-Exact", SMTC facilities utilize the same manufacturing equipment and systems and follow standardized processes. "Our customers benefit from truly seamless and timely transitions to low cost facilities allowing them to reach their cost and volume targets as early as possible," stated Carl Munio, Vice President and General Manager of SMTC San Jose. SMTC San Jose's local capabilities, coupled with SMTC's broad footprint and services, cater well to the needs of the Silicon Valley and Western Region OEMs. About SMTC Corporation: SMTC Corporation, founded in 1985, is a mid-size provider of end-to-end electronics manufacturing services (EMS) including PCBA production, systems integration & comprehensive testing services, enclosure fabrication, as well as product design, sustaining engineering and supply chain management services. SMTC facilities span a broad footprint in the United States, Canada, Mexico, and China, with 1300 full time employees. SMTC services extend over the entire electronic product life cycle from the development and introduction of new products through to the growth, maturity and end-of-life phases. SMTC offers fully integrated contract manufacturing services to global original equipment manufacturers (OEMs) and emerging technology companies primarily within industrial, computing and communication market segments. SMTC is a public company incorporated in Delaware with its shares traded on the Nasdaq National Market System under the symbol SMTX and on the Toronto Stock Exchange under the symbol SMX. For further information on SMTC Corporation, please visit our website at http://www.smtc.com/. Note to Investors: The statements contained in this release that are not purely historical are forward-looking statements which involve risk and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking terminology such as "believes", "expect", "may", "should", "would", "will", "intends", "plans", "estimates", "anticipates", and similar words, and include, but are not limited to, statements regarding the expectations, intentions or strategies of SMTC Corporation. For these statements, we claim the protection of the safe harbor for forward-looking statements provisions contained in the Private Securities Litigation Reform Act of 1995. Risks and uncertainties that may cause future results to differ from forward-looking statements include the challenges of managing quickly expanding operations and integrating acquired companies, fluctuations in demand for customers' products and changes in customers' product sources, competition in the EMS industry, component shortages, and the others discussed in the Company's most recent filings with securities regulators in the United States and Canada. The forward-looking statements contained in this release are made as of the date hereof and the Company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ materially from those projected in the forward-looking statements. Unless otherwise stated, all revenues are expressed in U.S. dollars. For further information on lead free manufacturing, European RoHS and WEEE Directives, please visit our website: http://www.smtc.com/. SMTC Corporation
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