Irvine , CA , November 11, 2004 – Multek, a wholly-owned subsidiary of Flextronics and a leading provider of rigid PCB services, today announced that Sheldahl has changed its name to Multek Flexible Circuits Incorporated.  Multek acquired Sheldahl in September 2004.

Multek Flexible Circuits will continue to provide Sheldahl interconnect products and flexible circuit board technologies to the electronics, automotive, industrial, aerospace, and military markets.  Multek will retain the Sheldahl name for its Technical Materials business, which provides laminated and vacuum deposited products and other patented core technologies.

“Multek Flexible Circuits provides a valuable extension of services to our customers,” said Werner Widmann , President of Multek.  “Flexible circuit board technologies are a key component to the creation of complex products, and we’re pleased to announce this new group within Multek.”

“Our new name better represents services available to our global customers as a result of the recently combined businesses of Sheldahl and Multek,” said Benoit Pouliquen, President and CEO of Sheldahl.  “Building on establishing Multek and Sheldahl brands, we are well positioned to lead the market for complete interconnect products and services across key industries.”

About Multek

Multek is a wholly-owned subsidiary of Flextronics.  The company is a leading, value-added manufacture of PCB technologies offering a broad spectrum of PCB engineering and manufacturing expertise.  The acquisition of Sheldahl in August 2004 added industry-leading flexible interconnect products and electronic materials to the Company’s portfolio.  These products primarily serve the automotive electronics and datacom (computers and telecommunications) markets and include high-density substrates, high-quality flexible printed circuitry, and flexible proprietary laminates.  Built upon a foundation of rapid response, attention to detail and high technology solutions for PCB fabrication electronics design and manufacturing, Multek Flexible Circuits enables customers to take products to market quickly through advanced technology production and a full range of high performance materials.  Multek offers solutions from a global network of locations in The Americas, Europe, and Asia .  To view additional company information, please visit www.multek.com.

SOURCE Multek

Renee Brotherton, Sr. Director of Marketing, Multek, +1-408-576-7189; or

Benoit Pouliquen, President & CEO of Sheldahl, +1-507-663-8420