EFTC Recognized for 1997 Stock Performance.

DENVER--(BUSINESS WIRE)--Jan. 27, 1998--EFTC Corporation (NASDAQ: EFTC), a high-mix electronics manufacturing services provider, received recognition from several sources for its 1997 stock performance.

From January 01, 1997 to December 31, 1997, the Company's share price increased 251%.

In the January 1998 issue of Bloomberg, Volume 7, Number 1, "A Year-End Review of the Markets," EFTC was ranked number 19 on the Bloomberg 100 list of best performing stocks. Details can be found at [e-mail].

The Rocky Mountain News, a Denver based newspaper, ranked EFTC number 5 in rating the stock performance of all public companies headquartered in Colorado. The article appeared in the Thursday, January 01, 1998 issue of the paper.

Among publicly traded companies in the electronic manufacturing universe, EFTC ranked number one in 1997 stock price appreciation according to a JC Bradford report issued on January 05, 1998.

In the first quarter, EFTC reported earnings of $0.03 per share and $14.0 million of revenue on 4,857,667 shares outstanding. In the second quarter, EFTC earnings rose to $0.07 per share and $22.7 million of revenue on 6,120,897 shares outstanding. By the third quarter, EFTC earned $0.10 per share and $28.2 million of revenue on 6,675,646 shares outstanding. EFTC closed its fourth quarter by reporting earnings $0.13 per share and $48.3 million of revenue on 10,637,592 shares outstanding.

Throughout 1997, EFTC produced impressive top line and earnings growth of 245.0% and 333.3%, respectively. This robust financial performance was due to both an aggressive acquisition strategy and continued internal growth.

"EFTC's high-mix focus combined with our unique positioning within the industry, due to the acquisition of the CTi Companies, should provide the Company with above average internal growth rates in 1998," said Jack Calderon, EFTC's President and Chief Executive Officer.

The CTi Companies, now referred to as EFTC Services, are the only electronic repair/warranty centers located inside and integrated with major overnight transportation providers. The Company plans to augment these strategically located centers with Build-to-Order capabilities during 1998.

"The combination of improved margins from our unique Asynchronous Process Manufacturing (APM) technique at our electronic assembly plants, and the improved margins contributed from our recent acquisition of the CTi Companies, positions us well to be a margin leader in our industry," said Stuart Fuhlendorf, EFTC's Chief Financial Officer.

"In 1998, the Company will continue to seek accretive acquisitions which will then broaden the Company's geographical reach of technical offerings. These potential acquisitions combined with additional internal growth will position us for continued improvements in performance throughout 1998," added Fuhlendorf.

EFTC, founded in 1981, is a provider of electronic manufacturing services exclusively focusing on high-mix manufacturing and repair/warranty services. EFTC provides design for manufacturing (DFM), design for test (DFT), and design for serviceability (DFS) engineering services, total solution prototype services (TSPS), circuit card assembly, final box build manufacturing services, and component level repair/warranty services that are integrated with major transportation/logistic providers. The Company's facilities are located in Arizona, Colorado, Florida, Kentucky, Oregon, Tennessee, and Washington state.

The Company manufactures and/or repairs products for OEM customers in the aerospace/avionics, medical, instrumentation, computer, and communications industries. EFTC is headquartered at 9351 Grant Street, Sixth Floor, Denver, Colorado 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 Corporation, Denver

Jack Calderon, [phone]

Stu Fuhlendorf, [phone]

Mark Plummer, [phone]