Palomar Technologies Named TechAmerica High Tech Awards 2011 Finalist

Awards Event to Showcase San Diego’s Finest Technology Companies

Carlsbad, CA – October 20, 2011 – Palomar Technologies, the world-leading provider of precision microelectronics and optoelectronic packaging systems, today announced that it has been selected as a finalist in the Semiconductors category for the upcoming 18th Annual TechAmerica High Tech Awards. As the leading voice representing the U.S. technology industry, TechAmerica takes pride in recognizing outstanding regional companies every year at its annual awards ceremony. Finalists will be acknowledged for their achievements during a luncheon reception on October 28th at the Hilton La Jolla Torrey Pines in La Jolla, CA.

“Palomar Technologies specializes in automated high-precision die attach and wire bonding systems for microelectronic production. Our team of experts is constantly pushing the envelope to help our customers create that ‘next big thing’,” stated Bruce Hueners, president and CEO of Palomar Technologies. “Our fellow 2011 TechAmerica finalists are a remarkable group of San Diego’s semiconductor organizations, and Palomar is proud to be recognized among them.”

Palomar Technologies was selected as a finalist in the Semiconductor category for its high-accuracy wire and die attach services via fully automated component packaging systems and precision contract assembly, process development, test and prototyping divisions.

This year, several San Diego-based companies were nominated for their technological or business innovation; exceptional products or service; product marketplace validation; perseverance in the face of adversity; and community involvement for consideration in nine categories.

About Palomar Technologies
Palomar Technologies, a former subsidiary of Hughes Aircraft, is the global leader of automated high-accuracy, large work area die attach and wire bond equipment and precision contract assembly services. Customers utilize the products, services and solutions from Palomar Technologies to meet their needs for optoelectronic packaging, complex hybrid assembly and micron-level component attachment. For more information, visit www.palomartechnologies.com.

About TechAmerica
TechAmerica is the driving force behind productivity growth and jobs creation in the United States and the foundation of the global innovation economy. Representing approximately 1,500 member companies of all sizes from the public and commercial sectors of the economy, it is the industry’s largest advocacy organization and is dedicated to helping members’ top and bottom lines. It is also the technology industry's only grassroots-to-global advocacy network, with offices in state capitals around the United States, Washington, D.C., Europe (Brussels) and Asia (Beijing). TechAmerica was formed by the merger of AeA (formerly the American Electronics Association), the Cyber Security Industry Alliance (CSIA), the Information Technology Association of America (ITAA) and the Government Electronics & Information Technology Association (GEIA). Learn more at www.aeanet.org or www.itaa.org.

 ###