IPC delivers open letter to President-Elect Obama.

Press Release Summary:



IPC President and CEO Denny McGuirk presented Obama with a congratulatory open letter that conveys support for revitalization of American economy. It also advocates for a permanent research and development tax credit as well as cost effective and scientifically based environmental regulations. According to Dan Feinberg, industry potential exists despite the economic downturn because electronics are intertwined with solutions to economic and various other problems.



Original Press Release:



IPC Delivers Open Letter to President-Elect Obama



BANNOCKBURN, Ill., USA, December 5, 2008 - IPC - Association Connecting Electronics Industries® congratulates President-elect Barack Obama on his momentous victory and looks forward to assisting him move the nation toward a positive future. To that end, IPC President and CEO Denny McGuirk presented Obama with a congratulatory open letter conveying support for the revitalization of the American economy and advocating for a permanent research and development tax credit as well as cost effective and scientifically based environmental regulations.

"The economic challenges that face the country are daunting and every phase of progress will undoubtedly include the electronics industry," explained Dan Feinberg, owner, Fein-Line Associates, and IPC government relations committee chairman. "In the current economic downturn, our industry has tremendous potential and remains vital in rejuvenating the economy. Electronics are inextricably intertwined with the solutions to many economic, environmental, energy and health care management problems."

"IPC shares the President-elect's goal of revitalizing the American economy and forging ahead into the 21st century. Through improvement of America's competitiveness and increased use of science and technology, America will thrive while expanding the dynamic electronics industry," explained McGuirk.

IPC's open letter can be viewed at www.ipc.org/gr/openletter. For more information about IPC's government relations activities, contact Ron Chamrin, IPC manager of government relations, at +1 703-522-0225 or RonChamrin@ipc.org.

About IPC

IPC (www.IPC.org) is a global trade association based in Bannockburn, Ill., dedicated to the competitive excellence and financial success of its 2,700 member companies which represent all facets of the electronics industry, including design, printed board manufacturing, electronics assembly and test. As a member-driven organization and leading source for industry standards, training, market research and public policy advocacy, IPC supports programs to meet the needs of an estimated $1.5 trillion global electronics industry. IPC maintains additional offices in Taos, N.M.; Arlington, Va.; Garden Grove, Calif.; Stockholm, Sweden; and Shanghai, China.

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