Rogers Corporation and Thermal Transfer Composites Enter into a Strategic Partnership.ROGERS, Conn. -- Rogers Corporation (NYSE NYSE See: New York Stock Exchange :ROG ROG Roger ROG Rouge (Everquest) ROG Republic of Gamers ROG Royal Observatory Greenwich (UK) ROG Reactive Organic Gas ROG Receipt Of Goods ROG Rise Off Ground ) and Thermal Transfer Composites, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control (TTC TTC Trying To Conceive TTC Toronto Transit Commission TTC Trans Texas Corridor TTC Toutes Taxes Comprises (French) TTC Trident Technical College (North Charleston, SC) TTC Temporary Traffic Control ) of New Castle, Delaware New Castle is a city in New Castle County, Delaware, six miles (10 km) south of Wilmington, situated on the Delaware River, at the head of Delaware Bay. In 1900, 3,380 people lived here; in 1910, 3,351. According to 2006 Census Bureau estimates, the population of the city is 4,836. have announced that the two companies have entered into a strategic partnership focusing on business and technology developments of metal matrix composite Metal matrix composite A material in which a continuous metallic phase (the matrix) is combined with another phase (the reinforcement) that constitutes a few percent to around 50% of the material's total volume. (MMC See MultiMediaCard and Microsoft Management Console. ) products for electronic thermal management applications. The new partnership includes an agreement where both Rogers and TTC will be selling MMC products. The alliance between the companies is in response to the rapid growth of thermal management requirements developing in almost all segments of the electronics market including military, aerospace, telecommunications, hybrid and traction vehicles, and consumer electronics. TTC President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Dan White stated, "We are delighted with our new relationship with Rogers. All of us at TTC have worked many years in thermal management materials and this partnership brings together some of the best talents in the business. In our early discussions it was clear that there was a synergy between the companies in the markets served, the growing needs of the customer base, and the interests in developing new and exciting thermal management technologies and products. By combining our PRIMEX(TM) and PRIMEXCast(TM) based MMC manufacturing technologies, with Rogers worldwide leadership in electronic materials new opportunities have been opened for both companies." Bob Daigle, Rogers Corporation Vice President of R&D and Chief Technology Officer, stated, "This partnership supports our long-term growth and diversification strategies. Combining efforts between Thermal Transfer Composites and Rogers will provide leading solutions to address the growing thermal management issues in electronics." Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement Statements in this news release that are not strictly historical may be deemed to be "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. These forward-looking statements are based on management's current expectations and are subject to the many uncertainties that exist in the Company's operations and environment. These uncertainties, which include economic conditions, market demand and pricing, competitive and cost factors, rapid technological change, new product introductions, legal proceedings, and the like, are incorporated by reference in the Rogers Corporation 2005 Form 10-K filed with the Securities and Exchange Commission. Such factors could cause actual results to differ materially from those in the forward-looking statements. All information in this press release is as of August 30, 2006, and Rogers undertakes no duty to update this information unless required by law. Thermal Transfer Composites, LLC, headquartered in New Castle, Delaware, USA, develops and manufactures MMC thermal management and structural components for advanced electronic applications at its manufacturing facilities in Chattanooga, Tennessee. TTC serves the military, aerospace, telecommunications, traction, automotive, and consumer electronics markets. Rogers Corporation, headquartered in Rogers, CT, U.S.A., develops and manufactures high-performance specialty material based products, which serve a diverse range of markets including: portable communication devices, communication infrastructure, consumer products, computer and office equipment, ground transportation, and aerospace and defense. Rogers operates manufacturing facilities in Connecticut, Arizona, and Illinois in the U.S., in Gent, Belgium, in Suzhou, China, and in Hwasung City, Korea. Sales offices are located in Belgium, Japan, Taiwan, Korea, China, and Singapore. |
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