YTXP Appoints Robert Walden as Chief Information Officer
RICHARDSON, TX, Jun 29, 2006 (MARKET WIRE via COMTEX) -- YTXP Corporation ("TXP") (OTCBB: YTXO), a global provider of pre-manufacturing services for the electronics industry, today announced that Robert Walden has joined the company in the newly created position of chief information officer.
Mr. Walden, age 35, brings over 12 years of experience designing and managing IT systems. Most recently, he served with 7-Eleven, Inc. where he was chief architect and manager for emerging technologies. While at 7-Eleven, Mr. Walden was responsible for enterprise architecture and systems integration strategy, designing and developing enterprise portals, content management systems, and other company-wide technology solutions, which resulted in significant cost reductions, while improving both internal and external communications. Mr. Walden has also worked as a systems architect for CitiFinancial Mortgage, and as director of Internet marketing at The Associates. Mr. Walden has a BA in Economics from the University of North Texas.
Michael C. Shores, president and chief executive officer of TXP, commented, "Robert is an experienced strategist and technology innovator, and we expect him to be a key contributor to our success. This new position will significantly elevate the interaction and communication with our customers, which include a rapidly growing number of the top original equipment manufacturers, original design manufacturers, contract manufacturers, and Fortune 1000 technology companies."
Robert Walden stated, "I look forward to upgrading the company's technology infrastructure to a world-class level and advancing its use of information technology to further reduce our clients' time-to-market, time-to-volume production, and total production costs. "
About TXP
TXP, based in Richardson, Texas, is a global provider of pre-manufacturing services for the electronics industry, supporting original equipment manufacturers, original design manufacturers, contract manufacturers and new technology innovators. The company excels in both design and supply chain solutions services for new product development which include prototyping and quick-turn electronic assembly, new product introduction, pilot production, material supply chain management as well as the transfer of product into production. TXP's core technology focus is on complex printed circuit board assemblies, photonics, optoelectronics, and advanced packaging solutions, while forging profitable business opportunities with well-positioned high speed, digital, analog, and RF technologies and industries that require complementary service requirements. By working closely with its customers and being highly responsive to their requirements throughout the design processes, TXP believes that it can be an integral part of its customers' operations, accelerate their time-to-market and time-to-volume production and reduce their product costs. TXP has three operating divisions that build on its core Design for Manufacturability foundation: TXP-Texas Prototypes, TXP-Photonics, and TXP-Packaging. For more information visit www.texasprototypes.com.
For Further Information:
YTXP Corporation (TXP)
Michael C. Shores
President/CEO
(214) 575-9300
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