American Technical Ceramics Corp. Announces Commencement of Outsourced Manufacturing Operation in Costa Rica.

HUNTINGTON STATION, N.Y. -- AMERICAN TECHNICAL CERAMICS CORP. (AMEX Symbol: AMK), a leading manufacturer of high-performance electronic components, including capacitors and thin film circuits for a broad range of commercial and military applications, today announced the official commencement of an outsourced passive component finishing and assembly operation in Costa Rica.

ATC will be working with CAMtronics s.a., an electronics contract manufacturing firm located in the Zeta Free Zone Industrial Park in Cartago, Costa Rica. Oscar Arias, the President of Costa Rica and a Nobel Peace Prize Winner joined Victor Insetta, President and CEO of ATC, and Enrique Ortiz, President of CAMtronics, at the official commencement ceremony earlier this month.

Victor Insetta said, "This operation provides ATC with a low-cost labor capability and increased finishing and assembly capacity to support our customers and our continued global sales growth objectives. We now have 82 CAMtronics' employees in Costa Rica dedicated to working on our products. We have benchmarked this operation against our New York and Florida resistor and capacitor manufacturing lines utilizing ATC owned equipment, procedures and standards. We expect this operation will make a major contribution to the future performance objectives of ATC."

American Technical Ceramics Corp. designs, develops, manufactures and markets electronic components, including ceramic multilayer capacitors and custom thin film circuits. The Company's products are utilized in a broad range of commercial and military applications, including wireless infrastructure, fiber optics, medical electronics, semiconductor manufacturing equipment and satellite equipment.

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

This release may contain forward-looking statements that are subject to risks and uncertainties, including, but not limited to, economic and political conditions, the impact of competitive products, product demand and market acceptance risks, changes in product mix, costs and availability of raw materials, fluctuations in operating results, delays in development of highly-complex products, risks associated with international sales and sales to the U.S. military, risk of customer contract or sales order cancellation and other risks detailed from time to time in American Technical Ceramics Corp.'s filings with the Securities and Exchange Commission, including, without limitation, those contained under the caption "Item 1. BUSINESS - CAUTIONARY STATEMENTS REGARDING FORWARD - LOOKING STATEMENTS" in the Company's Annual Report on Form 10-K. These risks could cause the Company's actual results for future periods to differ materially from those expressed in any forward-looking statements made by, or on behalf of, the Company. Any forward-looking statements represent the Company's expectations or forecasts only as of the date they were made and should not be relied upon as representing its expectations or forecasts as of any subsequent date. The Company undertakes no obligation to correct or update any forward-looking statement, whether as a result of new information, future events or otherwise, even if its expectations or forecasts change.