MICROELECTRONIC PACKAGING, INC. GRANTED WAIVER BY DBS BANK.
In conjunction with its waiver, DBS has imposed less stringent conditions relating to the Company's net worth and liabilities to net worth ratio for the year ending December 31, 1995.
Microelectronic Packaging, Inc. is a leading international semiconductor packaging company with design services, manufacturing and sales capability to support the device packaging and electronic systems interconnection requirements of IC and electronic systems manufacturers. At its San Diego, California headquarters and Singapore manufacturing facility, the Company develops, manufactures, markets and sells pressed ceramic packages, advanced IC packaging products and multichip modules ("MCMs") to customers in the IC, automotive electronics, communications, automatic test equipment and other electronics-related industries.
CONTACTS: Microelectronic Packaging, Inc.
Timothy da Silva, President & CEO
David Hinkle, CFO
MPIX'S INVESTOR RELATIONS COUNSEL
The Equity Group Inc.
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|Date:||Feb 10, 1995|
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