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Multek Licenses The Learning Trust Technology for Worldwide Innovation Management and Technology Roadmapping

IRVINE, Calif. - July 31, 2002 - The Learning Trust announced today that Multilayer Technology (Multek), the printed circuit board division of Flextronics International has licensed Geneva Vision Strategist to organize the long range innovation plans of its manufacturing and marketing locations around the world.

"Multek and Flextronics are making a huge difference in the marketplace with their global innovation centers", said Carl Dietz, CEO of The Learning Trust. "I believe our products are ideally suited to support the collaborative enterprise they have created across all of their divisions."

Innovation of printed circuit boards has matched the pace of semiconductors over the past decade. Because innovation plans rapidly evolve at locations around the world, Multek plans to use The Learning Trust technology to gather, manage and redistribute the constantly evolving innovation plans of its many global locations. The opportunity to accelerate collaboration and create additional competitive advantages is a key benefit of The Learning Trust's Geneva Vision Strategist suite of products.

The first phase of consulting and training has already begun and Multek expects to be live and using the software in the next 30 days. Multek will also be one of the first The Learning Trust customers deploying a new innovation knowledge gathering technology that is being released later this summer by The Learning Trust. The new technology will allow Multek planners to automatically gather innovation plans and redistribute them as technology roadmaps to partners and customers on a periodic basis.

The Geneva Vision Strategist solution improves strategic planning and innovation management by creating functional, interactive roadmaps that provide a "big-picture" view of prioritized product and technology developments, and links them with their associated market trends and business strategies. The result is more accurate forecasts and an improved ability to manage continuing change and market uncertainty.

For questions and more information about The Learning Trust and its products, please contact Roger House at (949) 250-9900.

About The Learning Trust

The Learning Trust was founded by several veteran computer software architects and solution marketing professionals that recognized the challenges organizations are facing to effectively acquire, manage and distribute business intelligence for the benefit of the enterprise. The Learning Trust software solutions focus on innovation management, strategic forecasting, and futures planning solutions for corporations. These solutions enable companies to extend and preserve their expertise across the enterprise without reengineering their current business practices.

About Multek

Multek, a wholly owned subsidiary of Flextronics International, Inc. (NASDAQ:FLEX) is a leading, value-added manufacturer of PWB technologies Offering a broad spectrum of PWB engineering and manufacturing expertise. Built upon a foundation of rapid response, attention to detail and high technology solutions for PWB fabrication electronics design and manufacturing, Multek enables customers to take products to market quickly through advanced technology production and a full range of high performance materials. Multek offers solutions from multiple sites around the world through a global network of companies in North America, South America, Europe, and Asia.

All product names are the trademarks, service marks, or registered trademarks of their respective holders.


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