PEMSTAR Inc. to Acquire Pacific Consultants LLC.Business Editors MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Aug. 15, 2001 Silicon Valley's Leading Product Engineering and Analysis Firm to Provide Front-End Design and Development Services for Top-Tier Global Contractor Pacific Consultants LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control (PCLLC), a fully integrated product engineering and analysis firm that provides contract development services to high technology clientele, today announced that it has signed an agreement to be acquired by PEMSTAR Inc.(NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :PMTR PMTR Photo-Modulated ThermoReflectance ), a leading provider of global engineering, manufacturing and fulfillment services to original equipment manufacturers. The companies expect to complete the transaction in September of this year, subject to review and approval of all applicable regulatory authorities. About Pacific Consultants, LLC Founded in 1996, Pacific Consultants LLC (PCLLC) (www.pacificconsultants.com) is a fully integrated product engineering and analysis firm that provides contract product development services to high technology clientele. Pacific Consultants works with the world's leading OEM's, the military, leading edge Silicon Valley entrepreneurs, doctors, and scientists in various industries and markets, to design and develop products and systems that are utilized in every day business. The company is renowned for its world-class knowledge and development in Electrical Engineering electrical engineering: see engineering. electrical engineering Branch of engineering concerned with the practical applications of electricity in all its forms, including those of electronics. and RF Microwave Design, Finite Element Analysis Finite element analysis (FEA) is a computer simulation technique used in engineering analysis. It uses a numerical technique called the finite element method (FEM). There are many finite element software packages, both free and proprietary. , Implantable Medical Devices, Shape Memory Alloys Shape memory alloys A group of metallic materials that can return to some previously defined shape or size when subjected to the appropriate thermal procedure. (Nitinol), Flex Circuitry, and as Expert Witnesses in Materials, Patents and Chip Packaging. About PEMSTAR Inc. PEMSTAR Inc. (www.PEMSTAR.com) provides a comprehensive range of engineering, manufacturing, distribution and aftermarket support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services to customers on a global basis through facilities strategically located in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , Mexico, Asia, Europe and South America. The Company's service offerings support customers' needs from product development and design through manufacturing to worldwide distribution and aftermarket support. PEMSTAR has approximately one million square feet in fifteen facilities in thirteen locations worldwide. This press release may contain "forward-looking" statements. These forward-looking statements include statements of intent, belief or current expectations of PEMSTAR Inc. and its management. Such forward-looking statements are not guarantees of future results and involve risks and uncertainties that may cause actual results to differ materially from the potential results discussed in the forward-looking statements. In addition to factors discussed above, risks and uncertainties that may cause such differences include but are not limited to: a continued decline in economic conditions or a recession; changes in demand for electronics manufacturing services Electronic manufacturing services (EMS) is term used for companies that design, test, manufacture, distribute and provide return/repair services for electronic component and assemblies for original equipment manufacturers (OEMs). ; changes in demand by major customers due to cancellations, reductions or delays of orders; shortages or price fluctuations in component parts; difficulties managing our expansion and integrating acquired businesses; increased competition and other risk factors listed from time to time in the company's Securities and Exchange Commission filings, including but not limited to Exhibit 99 to the company's Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the fiscal year ended March 31, 2001. For more information on Pacific Consultants, contact: 1320 Villa St. Mountain View, CA 94041 Ph: 650-691-6780 Fax: 650-691-6781 Or visit: www.pacificconsultants.com. |
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