EFTC Hires Chief Information Officer.

DENVER--(BUSINESS WIRE)--June 15, 1998--EFTC Corp. (NASDAQ:EFTC) (the "Company"), announced today that it has hired Val Avery to become chief information officer.

For the past three years, Avery has been a leading consultant in the implementation of Oracle-based information systems for manufacturing companies. Prior to that, Avery worked for the Oracle Corp.

"Val Avery brings tremendous depth and leadership skills to our Information Technology Group," said Jack Calderon, EFTC's chairman and CEO. "Val not only understands Oracle, but has a broad breadth of experience across all business processes within a manufacturing environment."

Information technology is a key element in EFTC's plan to innovate new solutions in high mix, small lot processing capability in the areas of circuit card assembly and build to order of final products. EFTC uses its information intensive Asynchronous Process Manufacturing (APM) techniques to more efficiently produce products that are processed in small lots.

The company's Year 2000 compliant Enterprise Resource Planning (ERP) system is Oracle based. EFTC will continue to invest in its information technology in order to develop the Company's unique hub-based build to order model and enhance its APM process.

EFTC, founded in 1981, is a provider of electronic manufacturing services exclusively focusing on high-mix manufacturing, including circuit card assembly, quick-turn manufacturing, prototype services, build-to-order, and repair and warranty services. Additionally, EFTC provides design for manufacturing (DFM), design for test (DFT), and design for serviceability (DFS) engineering services. The Company's facilities are located in Arizona, Colorado, Florida, Kentucky, New Hampshire, Oregon, Tennessee, and Washington state.

The Company manufactures and/or repairs products for OEM customers in the aerospace/avionics, medical, instrumentation, computer-related, and communications industries. EFTC is headquartered at 9351 Grant Street, Sixth Floor, Denver, Colo. 80229; phone [phone]; fax [phone].

This release contains forward-looking statements regarding future events or future financial performance of the company. Such statements are just predictions and actual events or results may differ materially. All of the Company's orders and contracts are subject to cancellation. We refer you to the documents the company files from time to time with the SEC, specifically our 10K and 10Q reports. These documents contain and identify important factors that could cause the actual results to differ materially from those contained in our projections or forward-looking statements.

CONTACT: EFTC

Jack Calderon, 303/280-8440 (Chairman/CEO)

Stu Fuhlendorf, 303/280-8460 (CFO)

Mark Plummer, 303/280-8350 (Director FP&A)