FOR IMMEDIATE RELEASE
CIREXX REPORTS EXCEPTIONAL RESULTS AND FUTURE
Santa Clara, CA, May 10, 2016. Cirexx International, a privately held California manufacturer of Printed Wiring Board products and services, announced today exceptional results in recent financial periods and a bright future going forward. Cirexx saw record revenue and profit in 2015 and an 11% revenue increase in 2016 Q1 vs. 2015. With significant capital expenditures in 2015, Cirexx has scrolled over $1 million for Capex in 2016. The company is strategically positioned to continue growing and pursuing opportunities in the changing North American PWB marketplace.
Philipp Menges, Cirexx President & CEO commented, “I see tremendous growth on the horizon for our core competencies – Flex, Rigid-Flex and HDI and RF/Microwave PCBs. We continue to make inroads into key markets within the defense/aerospace, medical and commercial markets. Rapidly developing areas like autonomous and un-manned vehicles, wearable electronics, home health and diagnostics, more accurate weaponry and secure communications all require a large advanced electronic component. As Cirexx continues to position itself as a leader in the advanced PWB market these developing areas will provide our future revenue and profit growth.”
The web site can be accessed at: https://www.cirexx.com.
About Cirexx International
Founded in 1980, Cirexx International, Inc. is an electronic solutions company offering PCB Design, PCB Fabrication and PCB Assembly of high-reliability Printed Circuit Boards, RF/Microwave Circuit Boards, Flexible Printed Circuits and Rigid-Flex Circuit Boards. Recognized as a time-technology leader, the company offers a genuine Quick Turn service and provides a one stop shop and all in-house solution known as Seamless Integration. Cirexx has expertise fabricating high layer count Printed Circuit Boards using a variety of substrates including a wide array of high-frequency RF-based materials in mixed (hybrid) constructions. Cirexx delivers unsurpassed quality and support to a large array of customers in the high-reliability markets of defense/aerospace, industrial, and medical instrumentation.
Cirexx International, Inc.
Attn: Al Wasserzug
791 Nuttman Street
Santa Clara, CA 95054
(800) 444-6817; www.cirexx.com