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Merix Corporation Establishes Representative Office and Inventory Hub in China

Jun 30, 2003

FOREST GROVE, OR, June 26, 2003 - Merix Corporation (NASDAQ:MERX), a leading manufacturer of technologically advanced printed circuit boards, has officially established its representative office in Suzhou, China to support sales and customer service. To further enhance its presence, Merix has also entered into an agreement with YCH GROUP PTE. LTD to support its inventory hub, which is also in Suzhou.

John Cavanaugh, Director of Business Development for Asia, and Jane Xu, China Program Manager, will be the principal contacts for the Merix sales and support office in China. Jane recently joined Merix and resides in Suzhou. Previously Jane worked for the China-Singapore Suzhou Industrial Park Development Co. Ltd. (CSSD) as a marketing executive supporting companies from Europe and the United States.

"This is Merix's first step in establishing a presence in China. It positions us closer to our current customers in China and also positions us for future growth in the region. We are very excited about Jane Xu joining the Merix team. Jane's background and knowledge will be a critical link to our understanding of business practices in China and will enhance our success going forward," commented Dan Olson, Vice President Sales and Marketing.

Contact information for this location:

Merix Suzhou

1605 The Lakeview

63 Xing Gang Street

Suzhou Industrial Park Suzhou, Jiangsu P.R.C.

Ph: 86 512 6288 0391

Fx: 86 512 6252 8139

Merix is a leading manufacturer of technologically advanced, multilayer, rigid printed circuit boards for use in sophisticated electronic equipment. Merix provides high-performance materials, quick-turn prototype, pre-production and volume board production to its customers. Principal markets served by Merix include data communications and wireless telecommunications, high-end computing (workstations, servers, and storage), and test and measurement segments of the electronics industry. Additional corporate information is available on the internet at http://www.merix.com.

Forward-looking statements in this release relating to the Company's prospects are made pursuant to the safe harbor provisions of the federal securities laws. Information contained in forward-looking statements is based on current expectations and is subject to change, and actual results may differ materially from the forward-looking statements. Many factors, including the following, could cause actual results to differ materially from the forward-looking statements: the continued effects on operating results of the slow-down in the general economy and the electronics and printed circuit board industries; the related excess capacity in the printed circuit board industry and the ability to effectively utilize our assets; pricing and other competitive pressures in the industry from domestic and global competitors; the impact of armed conflict; the ability of emerging growth company customers to secure capital; customer order levels, product mix and inventory build-up; levels of quick-turn sales; lower than expected or delayed sales; our ability to reduce costs, and other risks listed from time to time in the Company's filings with the Securities and Exchange Commission or otherwise disclosed by the Company, including those set forth in the Company's Annual Report on Form 10-K for the year ended May 25, 2002. Merix Corporation does not undertake any obligation to update any such factors or to publicly announce developments or events relating to the matters described herein.

Merix Corporation

www.merix.com

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