EXHIBIT 99.1
Published on November 15, 2010
Exhibit 99.1
TTM Technologies, Inc. BOD Announcement Draft: Version 2 |
Contact: Steve Richards, CFO 714-327-3000 |
TTM TECHNOLOGIES, INC. ANNOUNCES NEW BOARD MEMBER
SANTA ANA, CA November 11, 2010 TTM Technologies, Inc. (Nasdaq: TTMI), a major global printed
circuit board (PCB) manufacturer, today announced that Philip G. Franklin has been appointed to
serve on the Companys Board of Directors and its Audit Committee effective November 11, 2010. Mr.
Franklins appointment coincides with the planned departure of Richard P. Beck, who has decided not
to stand for reelection at the end of his term in May 2011. TTMs Board now consists of 11
directors, nine of whom are independent under Nasdaq rules.
Mr. Franklin is the Chief Financial Officer of Littelfuse, Inc. (Nasdaq: LFUS), an electronics
components company. Mr. Franklin joined Littelfuse in 1999 and was instrumental in the companys
becoming a global leader in circuit protection through a series of strategic acquisitions and
organic growth initiatives. Mr. Franklin has more than 30 years of finance experience, which
includes previous CFO roles at OmniQuip International, Inc., a construction equipment company, and
Monarch Marking Systems, a division of Pitney Bowes. He received Bachelor of Arts and Master of
Business Administration degrees from Dartmouth College.
We are pleased that Phil has joined TTMs Board, said Kenton K. Alder, CEO and President of TTM
Technologies. His extensive background in finance and international business will strengthen the
breadth of experience and expertise of the Board as we look to the future. We look forward to his
contributions.
I also would like to extend our sincere appreciation to Dick Beck for his dedication and
contributions to TTM, continued Alder. Over the last 10 years, he has played a key role as a
member of the Board of Directors and has provided valuable guidance as TTM has grown and evolved.
About TTM
TTM Technologies, Inc. is a major global 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 companys 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.
TTM Technologies, Inc. is a major global 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 companys 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.