Merix Corporation Announcement of First Quarter Results Re-Scheduled to Thursday, September 29th
September 27 2005 - 9:20PM
Business Wire
Merix Corporation (Nasdaq:MERX) today announced that it will
postpone releasing financial results for the first quarter of
fiscal 2006, originally scheduled for release on Wednesday,
September 28, 2005, until Thursday, September 29, 2005, after the
close of market. The Company previously announced an agreement to
acquire the operations of Eastern Pacific Circuits Limited (EPC), a
Hong Kong-based supplier of printed circuit boards. Merix intends
to release first quarter financial results and, if the EPC
transaction closes prior to the announcement, the outlook for its
second fiscal quarter including the operations of EPC. Mark
Hollinger, Chairman and Chief Executive Officer of Merix,
commented, "While completion of the EPC transaction is not solely
within our control, we anticipate closing the acquisition shortly
and have decided to delay the announcement of our first quarter
results with the expectation that by such time we will be in a
position to provide a more complete picture of our company going
forward." On Friday, September 30, 2005, Merix will host a
conference call with a simultaneous webcast at 5:30 a.m. PT to
discuss the quarterly results and the outlook for the second
quarter of fiscal 2006. To listen to the webcast, log on to the
Merix web site at www.merix.com. An online replay of the webcast
will be available beginning 8:30 a.m. PT September 30, 2005. For
those who cannot listen to the live broadcast, a telephone replay
will be available from 8:30 a.m. PT on Friday, September 30 until
midnight PT on October 7, 2005, by calling 719-457-0820, access
code: 7191246. Merix is a leading manufacturer of technologically
advanced, multilayer, rigid printed circuit boards for use in
sophisticated electronic equipment. Merix provides high-performance
materials, quick-turn prototype, pre-production and volume printed
circuit board production to its customers. Principal markets served
by Merix include data communications and wireless
telecommunications, high-end computing, and test and measurement
end markets in the electronics industry. Additional corporate
information is available on the internet at www.merix.com.
Forward-looking statements in this release relating to Merix's
prospects, including statements related to the completion of the
EPC acquisition transaction, are made pursuant to the safe harbor
provisions of the federal securities laws. Information contained in
forward-looking statements is based on current expectations and
assumptions and is subject to change, and actual results may differ
materially from the forward-looking statements. Numerous factors,
many of which are not within the control of Merix, including the
risks listed from time to time in the company's filings with the
Securities and Exchange Commission or otherwise disclosed by the
company, including those set forth in the company's Annual Report
on Form 10-K for the year ended May 28, 2005, could cause actual
results to differ materially from the forward-looking statements.
Merix Corporation does not intend to update any such factors or to
publicly announce developments or events relating to the matters
described herein.
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