TTM Technologies, Inc. Receives Add-on Contract from BAE Systems

TTM to Provide Printed Circuit Boards and Assemblies for Army Thermal Weapon Sight Program

SANTA ANA, Calif.--(BUSINESS WIRE)--

TTM Technologies, Inc. (NASDAQ: TTMI) today announced that it has received an additional $7 million contract from BAE Systems for Printed Circuit Boards and Printed Circuit Board Assemblies used in thermal weapon sights, an advanced next-generation family of thermal sights for light, medium, and heavy weapon applications that enables individual and crew-served weapons gunners to see deep into the battlefield, increasing their surveillance and target acquisition range. This award is an add-on to the contract awarded to TTM Technologies in April of this year. The cumulative value of this contract is currently in excess of $15 million.

The current installment calls for the first full-rate production and deliveries starting in January 2009 and running through July 2009. Work will be performed in TTM's Stafford Springs, CT; Santa Clara, CA; and Stafford, CT facilities.

Kent Alder, President and CEO of TTM, noted, "We are pleased to provide continued support to BAE Systems. The award to TTM of this additional contract reflects their continued confidence in the strength of our highly technical PCBs and PCB assemblies, which will contribute to current and future infantry armament." Alder concluded, "The aerospace/defense sector continues to be a strong contributor to the Company."

Safe Harbor Statement

This release contains forward-looking statements that relate to future events or performance. These statements reflect the company's current expectations, and the company does not undertake to update or revise these forward-looking statements, even if experience or future changes make it clear that any projected results expressed or implied in this or other company statements will not be realized. Furthermore, readers are cautioned that these statements involve risks and uncertainties, many of which are beyond the company's control, which could cause actual results to differ materially from the forward-looking statements. These risks and uncertainties include, but are not limited to, the company's dependence upon the electronics industry, the company's dependence upon a small number of customers, general economic conditions and specific conditions in the markets TTM addresses, the unpredictability of and potential fluctuation in future revenues and operating results, increased competition from low-cost foreign manufacturers and other "Risk Factors" set forth in the company's most recent SEC filings.

About TTM Technologies, Inc.

TTM Technologies, Inc. is North America's largest printed circuit board manufacturer, focusing on quick-turn and technologically advanced PCBs and the backplane and sub-system assembly business. TTM stands for time-to-market, representing how the company's time-critical, one-stop manufacturing services enable customers to shorten the time required to develop new products and bring them to market. Additional information can be found at www.ttmtech.com .

Source: TTM Technologies, Inc.

Released November 5, 2008