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Technology Stocks : Diamond Multimedia

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To: lml who wrote (3421)2/25/1998 6:10:00 PM
From: Kerry Lee   of 4679
 
International Manufacturing Services, Inc. Announces New Business From
Diamond Multimedia

PR Newswire - February 25, 1998 12:46

IMSX DIMD %CPR V%PRN P%PRN

SAN JOSE, Calif., Feb. 25 /PRNewswire/ -- International Manufacturing
Services, Inc. (Nasdaq: IMSX), a leading provider of electronics
manufacturing services, today announced that Diamond Multimedia
(Nasdaq: DIMD), a market leader in Internet multimedia subsystems, including
3D graphics, video, sound and modem products, has selected IMS International
Manufacturing Services, Inc., as its manufacturing partner for several of its
new products.
"These new programs, which commenced volume production in February, are
exciting for IMS, as it strengthens our existing relationship with Diamond
Multimedia and further recognizes our low cost structure and manufacturing
strength," stated Robert G. Behlman, founder, president and chief executive
officer of IMS. IMS will manufacture the new products in its China and San
Jose facilities.
"Partnering with IMS will provide Diamond a competitive advantage in a
short time-to-market cycle. IMS' flexibility, high service and quality levels
and world class manufacturing facilities are additional reasons for our
decision to manufacture these products with IMS," said Larry Elizondo, Vice
President of PCA Operations for Diamond Multimedia.
International Manufacturing Services, Inc. provides a broad range of
advanced, integrated electronics manufacturing services to electronics
original equipment manufacturers primarily in the computer peripherals, data
communications and telecommunications markets. The Company's services include
product design, prototyping and printed circuit board and final system
assembly.
Information regarding International Manufacturing Services, Inc. can be
found on its web site at ims-us.com or to receive a facsimile of
this or other press releases at no cost dial 800-758-5804 extension 125575.

SOURCE International Manufacturing Services, Inc.
/CONTACT: Iris Grable, Vice President, Marketing of International
Manufacturing Services, Inc., 408-953-1000/
/Web site: ims-us.com
(IMSX DIMD)

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