EXHIBIT 99
Contact: Johnna Freeman
         MCMS, Inc.
         (208) 898-2600
         jfreeman@mcms.com


                               MSL TO ACQUIRE MCMS

San Jose, Calif. - September 18, 2001 - MCMS, Inc., a global leading electronics
manufacturing services provider announced today that it has reached an agreement
to sell substantially all of its operating assets to Manufacturers' Services
Limited ("MSL"). MSL is also a global leading supplier in the electronics
manufacturing services industry with headquarters in Concord, Massachusetts.
Rick Rowe, Chief Executive Officer of MCMS, said, "MCMS is very pleased to have
a company like MSL acquiring its business operations." He added "given MSL's
size and strong global presence, I believe this proposed transaction offers
great opportunities for MCMS's customers, employees, and suppliers."

MSL President and Chief Operating Officer, Bob Donahue stated, "The acquisition
of MCMS meets several of our long range strategic objectives, principally in
gaining a presence in Mexico and also strengthening our West Coast and Asian
operations. Also, MCMS adds depth in the area of optics and radio frequency
technology while increasing the diversity of our customer portfolio."

Simultaneously, MCMS announced that it, and its two U.S. subsidiaries, have
voluntarily filed for protection under Chapter 11 of the U.S. Bankruptcy Code in
the United States Bankruptcy Court for the District of Delaware in Wilmington to
implement the sale. During the bankruptcy process, MCMS will have the
opportunity to consider other offers for the operating assets. The Chapter 11
cases do not involve MCMS's foreign subsidiaries with the exception of its
Belgium subsidiary, which filed for Judicial Composition on September 5, 2001
under the applicable laws of Belgium. The terms and conditions of the definitive
agreement entered into between MCMS and MSL relating to the asset sale,
including a purchase price of approximately $43.5 million, subject to certain
adjustments and the assumption of certain liabilities, will be described in the
Form 8-K to be filed by MCMS with the Securities and Exchange Commission.

MCMS also announced today that it has secured a commitment for
Debtor-in-Possession (DIP) financing from a consortium of banks led by PNC Bank,
subject to bankruptcy court approval. MCMS emphasized that during the voluntary
restructuring and sale process, day-to-day operations will continue
uninterrupted. MCMS believes that the financing package and the other court
orders that MCMS is requesting will, among other things, provide ample funding
to pay all amounts due to its employees, maintain all employee benefit plans,
and maintain normalized business with its suppliers post-petition allowing
uninterrupted manufacturing services to its customers.

The closing of the sale is expected to occur in November 2001, subject to
regulatory and Bankruptcy Court approval.






ABOUT MCMS, INC.

MCMS, Inc. is a global leading provider of advanced electronics manufacturing
services to original equipment manufacturers who primarily serve the data
communications, telecommunications, and computer/memory module industries. MCMS
targets customers that are technology leaders in rapidly growing markets, such
as Internet infrastructure, wireless communications and optical networking, that
have complex manufacturing service requirements and that seek to form long-term
relationships with their electronics manufacturing service providers. We offer a
broad range of electronics manufacturing services, including pre-production
engineering and product design support, prototyping, supply chain management,
manufacturing and testing of printed circuit board assemblies, full system
assembly, end-order fulfillment and after-sales product support. We deliver this
broad range of services through operations in Nampa, Idaho; Durham, North
Carolina; Penang, Malaysia; Colfontaine, Belgium; Monterrey, Mexico; and San
Jose, California. MCMS information is available by visiting the company's Web
site at www.mcms.com.

FORWARD LOOKING STATEMENTS

This news release contains forward-looking statements such as predictions or
forecasts. MCMS assumes no obligation to update those statements to reflect
actual results, changes in assumptions or other factors. The forward-looking
statements are subject to known and unknown risks, uncertainties and other
factors that could cause actual results to differ materially from those
projected. Those factors include MCMS's ability to address its financing
requirements in light of its existing debt obligations and market conditions;
the ability to complete a sale of its assets; obtain bankruptcy court approvals
as requested and other risks detailed in MCMS's SEC reports.