A technique for improving electrical signal performance in multilayer circuit boards by eliminating the need for electrically conductive vias is disclosed. In one embodiment, the technique is realized as an improved multilayer circuit board having an electrically conductive signal layer disposed beneath at least one dielectric layer. The improvement comprises a cavity in the multilayer circuit board extending through the at least one dielectric layer so as to expose at least a portion of the electrically conductive signal layer within the cavity. The cavity is sized to accommodate an electronic component therein such that the electronic component makes electrical contact with the exposed portion of the electrically conductive signal layer, thereby eliminating the need for an electrically conductive via electrically connected to the electrically conductive signal layer and formed through the at least one dielectric layer or any other layer of the multilayer circuit board.