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Cross-Industry Study Ranks Merix Number One in Cost of Quality Analysis
(Market Wire Via Acquire Media NewsEdge) BEAVERTON, OR -- (MARKET WIRE) -- 11/10/09 --
Merix Corporation (NASDAQ: MERX), a leading
manufacturer of high reliability printed circuit boards (PCBs), announced
today that the Operations Leadership Exchange (OLEx), a division of the
Corporate Executive Board, a world-leading industry research firm, has
ranked Merix "best in class" in the category of cost of quality measurement
and analysis in a newly published study.
OLEx (http://www.operationsleadershipexchange.com) serves more than 5,000
operations executives at companies around the globe. Clients have the
access to performance-sharpening insights, implementation tools, training,
and analysis support to help them drive faster, more effective
decision-making. OLEx regularly interviews and focuses its research on
issues pertinent to companies in several industries, including consumer
products, food and beverage, technology, industrial manufacturing, and
pharmaceuticals. In this instance, Merix's "best in class" standing was
determined after research and reviews of more than 30 companies. A summary
is available at www.merix.com.
"Our research involves speaking with hundreds of companies annually to
identify best practices," said Sonia Punwani, Quality Consultant at the
Operations Leadership Exchange. "Merix's cost of quality analysis clearly
differentiates the company in two ways. First, the cost of quality model
easily pulls information from existing accounting systems -- a challenge
that a lot of companies struggle with on a daily basis. Second, the
analysis helps sites understand their contribution to the overall cost of
quality and eliminate root causes. This approach has allowed Merix to
maintain its competitive position with regards to both cost and quality."
"We are pleased to receive this best in class honor from OLEx," stated
Michael D. Burger, President and Chief Executive Officer of Merix. "The
award validates the enhancements we have made to our quality and production
systems. Cost of quality together with a customer quality metric has become
the barometer of the total effectiveness of our quality management system
and its leadership."
About the Corporate Executive Board:
OLEx's parent company, the Corporate Executive Board (NASDAQ: EXBD) drives
faster, more effective decision-making among the world's leading executives
and business professionals. Powered by an executive network that spans 50 +
countries and represents more than 80 percent of the world's Fortune 500
companies, the Corporate Executive Board offers unique research insights
along with an integrated suite of exclusive tools and resources that enable
the world's most successful organizations to deliver superior business
outcomes. Founded in 1983, the company is headquartered in Washington, D.C.
It is comprised of 2,000 staff located around the world and directly serves
more than 120,000 professionals in more than 5,100 of the world's best
companies.
About Merix:
Headquartered in the United States, Merix is a leading provider of
technologically advanced rigid, multi-layer printed circuit boards used in
the design and development of complex electronic applications. The company
maintains operations throughout Asia, Europe and North America. It provides
a large, diverse worldwide customer base with a seamless and cost effective
transition from quick-turn prototyping through pre-production to
high-volume PCB manufacturing across the broadest array of technologies
worldwide. Principal markets served by Merix's manufactured solutions
include automotive, defense and aerospace, communications, computing,
industrial, networking, peripherals, and test end markets in the worldwide
electronics industry. For more information please visit the company's
website at www.merix.com
Contact:
Stewart Chalmers
Cool Head Communications, Inc.
Ph: 818-681-3588
E-mail: Stew@coolheadcommunications.com
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