Oryx Advance Materials, Inc., a world leader in the manufacturer of target materials for thin film deposition applications announces the groundbreaking on a new plant in Penang, Malaysia. The new facility will serve as Oryx’s Asia Pacific Headquarters and distributions HUB for the Asia Pacific and European regions. Completion of the first phase 110,000 sq. ft. construction which includes manufacturing, R&D, fully equipped analytical and materials testing labs is planned for early CQ3 2008. “This groundbreaking represents an important milestone in our continuing efforts to expand our global capabilities to take advantage of new emerging market opportunities, and our commitment to excellence, low-cost manufacturing and worldwide customer service and supports to help ensure our customers’ success,” said Victor Tan, Chairman and CEO of Oryx Advanced Materials. “With this new premier facility and together with our responsive global organization, we will continue to add new values to our customers by providing localized supports from R&D through volume production for their competitive edge,” added Norm Mills, President of Oryx Advanced Materials.