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SMTC Closes ZF Array Purchase

TORONTO — SMTC Corporation (Nasdaq:SMTX) (TSX:SMX), a global electronics manufacturing services provider, today announced that it has completed its acquisition of ZF Array Technology, Incorporated, a privately held electronics manufacturing services provider with operations in San Jose, California.

ZF specializes in manufacturing complex electronics equipment and providing systems integration services for some of the world's leading telecommunication, wireless and life science equipment manufacturers.

Co-CEO Alex Walker stated, “We are very excited about the opportunities for growth that this acquisition creates. I'd like to welcome ZF to the SMTC team, and I am looking forward to integrating both companies' offerings together to provide both our new and existing customers with synergistic engineering and operational capabilities.”

{complink 12834|SMTC Corp.}

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