Cross-Industry Study Ranks Merix Number One in Cost of Quality Analysis

  Merix Corporation (NASDAQ: MERX), a leading
manufacturer of high reliability printed circuit boards (PCBs), announced
today that the Operations Leadership Exchange (OLEx), a division of the
Corporate Executive Board, a world-leading industry research firm, has
ranked Merix "best in class" in the category of cost of quality measurement
and analysis in a newly published study.

OLEx (http://www.operationsleadershipexchange.com) serves more than 5,000 operations executives at companies around the globe. Clients have the access to performance-sharpening insights, implementation tools, training, and analysis support to help them drive faster, more effective decision-making. OLEx regularly interviews and focuses its research on issues pertinent to companies in several industries, including consumer products, food and beverage, technology, industrial manufacturing, and pharmaceuticals. In this instance, Merix's "best in class" standing was determined after research and reviews of more than 30 companies. A summary is available at www.merix.com.

"Our research involves speaking with hundreds of companies annually to identify best practices," said Sonia Punwani, Quality Consultant at the Operations Leadership Exchange. "Merix's cost of quality analysis clearly differentiates the company in two ways. First, the cost of quality model easily pulls information from existing accounting systems -- a challenge that a lot of companies struggle with on a daily basis. Second, the analysis helps sites understand their contribution to the overall cost of quality and eliminate root causes. This approach has allowed Merix to maintain its competitive position with regards to both cost and quality."

"We are pleased to receive this best in class honor from OLEx," stated Michael D. Burger, President and Chief Executive Officer of Merix. "The award validates the enhancements we have made to our quality and production systems. Cost of quality together with a customer quality metric has become the barometer of the total effectiveness of our quality management system and its leadership."

About the Corporate Executive Board:

OLEx's parent company, the Corporate Executive Board (NASDAQ: EXBD) drives faster, more effective decision-making among the world's leading executives and business professionals. Powered by an executive network that spans 50 + countries and represents more than 80 percent of the world's Fortune 500 companies, the Corporate Executive Board offers unique research insights along with an integrated suite of exclusive tools and resources that enable the world's most successful organizations to deliver superior business outcomes. Founded in 1983, the company is headquartered in Washington, D.C. It is comprised of 2,000 staff located around the world and directly serves more than 120,000 professionals in more than 5,100 of the world's best companies.

About Merix:

Headquartered in the United States, Merix is a leading provider of technologically advanced rigid, multi-layer printed circuit boards used in the design and development of complex electronic applications. The company maintains operations throughout Asia, Europe and North America. It provides a large, diverse worldwide customer base with a seamless and cost effective transition from quick-turn prototyping through pre-production to high-volume PCB manufacturing across the broadest array of technologies worldwide. Principal markets served by Merix's manufactured solutions include automotive, defense and aerospace, communications, computing, industrial, networking, peripherals, and test end markets in the worldwide electronics industry. For more information please visit the company's website at www.merix.com

Contact: Stewart Chalmers Cool Head Communications, Inc. Ph: 818-681-3588 E-mail: [e-mail]