Costa Mesa, CA - October 03, 2007 - Stablcor Incorporated, a leading provider of technologically advanced carbon composite laminates, today announced that it has entered into a licensing agreement with TTM Technologies, Inc. (Nasdaq:TTMI). Under the terms of the agreement Stablcor has licensed the use of its STABLCOR® technology to Santa Ana, CA-based TTM. STABLCOR provides printed circuit board (PCB) fabricators with an excellent solution for advanced thermal management, thermal expansion and board rigidity.
TTM's interconnect solutions support a wide range of high-performance applications. From the manufacturers of a navigation system in commercial aircraft, to a high-speed network router, or an advanced diagnostic imaging system, industry leaders rely on TTM's combination of speed, experience, and technology to support their most demanding applications.
"We are very excited to enter into a license agreement with Stablcor Inc. This new material will allow us to offer solutions to our customers faced with the growing problem of CTE and thermal challenges," noted John Vesce, TTM Vice President of Product Development and Engineering Services.
"The addition of Stablcor further strengthens our industry leadership position for specialty product offerings, added Vesce."
"TTM Technologies is the one of largest PCB manufacturers in the world and the largest manufacturer in the United States," remarked Stablcor President Douglas Tullio. "TTM's decision to license our STABLCOR technology for incorporation into their interconnect industry solution is a major milestone for a small, fast-growing company. This agreement represents a worldwide affirmation of our ability to provide a superior solution for thermal conductivity, thermal expansion and increased rigidity without additional weight penalties."
Tullio continued, "We believe the licensing agreement with TTM is a key component in our strategy to establish the STABLCOR technology as a standard product providing significant benefits within the worldwide PCB marketplace."
'We are pleased with the signing of a licensing agreement with TTM, which is a culmination of two years of working side-by-side with their technical staff and numerous end-users," commented Stablcor CTO Kris Vasoya. "TTM is one of the leading PCB manufacturers in the world. With their considerable industry expertise, we expect them to rapidly embrace our technology and begin incorporating STABLCOR into their product line without delay.
PCBs manufactured using STABLCOR, as one or multiple cores, will act as a heat spreader, which substantially increases thermal conductivity, provides improved rigidity without increasing the weight of the board and decreases temperatures in lead-free assemblies. In addition to the improved CTE and thermal management, PCBs manufactured with Stablcor's licensed technology exhibit the following characteristics: less than 50 percent Z-axis expansion when compared to boards that were using Thermount materials, and exhibit no moisture absorption issues.
About TTM Technologies
TTM Technologies, Inc. is a leading supplier of time-critical, technologically advanced printed circuit boards to original equipment manufacturers and electronic manufacturing services companies. TTM stands for "time-to-market," representing how the company's time-critical, one-stop manufacturing services enable customers to shorten the time required to develop new products and bring them to market.
About Stablcor Incorporated.
Stablcor is the only provider of a thermally and electrically conductive carbon composite material which, when incorporated in printed circuit boards and substrates, controls heat, thermal expansion and increases the rigidity and strength of circuit boards without increasing the weight. The patented laminate and the processes to incorporate STABLCOR® into circuit boards and substrates provide the electronics industry a cost efficient technology to produce smaller electronic products, while eliminating the thermal, mechanical and reliability concerns that currently challenge the semiconductor industry.
For more information about STABLCOR, visit www.stablcor.com.
Vice President Marketing
TTM Technologies Incorporated
Product Development and Engineering Services