Asyst Technologies, Inc. (Nasdaq:ASYT), a leading provider of integrated
automation solutions that enhance semiconductor and flat panel display
manufacturing productivity, announced that it has received a staff
determination letter from the Nasdaq Stock Market stating that the
company’s common stock is subject to delisting from the NASDAQ Global
Market in accordance with Nasdaq Marketplace Rules 5100, 5110(b), and
IM-5100-1. The letter was issued as a result of the company’s previously
announced filing for relief under chapter 11 of the U.S. Bankruptcy Code
on April 20, 2009.
The company said it does not intend to request a hearing before the
NASDAQ Listing Qualifications Panel to appeal the decision. The letter
set forth the NASDAQ staff’s determination to delist the Company’s
common shares, suspend trading in the company’s common stock at the
opening of business on April 30, 2009, and file a Form 25-NSE with the
Securities and Exchange Commission removing the company’s common stock
from listing and registration on The Nasdaq Stock Market.
About Asyst
Asyst Technologies, Inc. is a leading provider of integrated automation
solutions that enable semiconductor and flat panel display (FPD)
manufacturers to increase their manufacturing productivity and protect
their investment in materials during the manufacturing process.
Encompassing isolation systems, work-in-process materials management,
substrate-handling robotics, automated transport and loading systems,
and connectivity automation software, Asyst’s modular, interoperable
solutions allow chip and FPD manufacturers, as well as original
equipment manufacturers, to select and employ the value-assured,
hands-off manufacturing capabilities that best suit their needs. Asyst’s
homepage is http://www.asyst.com.
"Asyst” is a registered trademark, of Asyst Technologies, Inc. Copyright
1993-2009, Asyst Technologies, Inc. All Rights Reserved.
General Issues and inquiries regarding bankruptcy should be referred to:
