Asyst Files Shelf Registration Statement with SEC.Business Editors/High-Tech Writers FREMONT, Calif.--(BUSINESS WIRE)--Oct. 3, 2003 Asyst Technologies, Inc. (Nasdaq NM: ASYT) announced that it is today filing a Form S-3 shelf registration statement with the Securities and Exchange Commission. The shelf registration statement, when effective, will allow Asyst to sell, from time to time, up to 8 million shares of its common stock. The shelf registration statement affords additional flexibility in accessing capital markets. The terms of any offering will be established at the time of any sale. The Company currently plans to use the net proceeds Net Proceeds The amount received after all costs are deducted from the sale of a piece of property or security. Notes: In the case of an investor selling a security, net proceeds represent the proceeds from the sale minus any trading costs (i.e. commissions). from any sale of its common stock for general corporate purposes, including working capital, to pay down debt of the Company and for potential acquisition opportunities. A written prospectus, when available, meeting the requirements of Section 10 of the Securities Act may be obtained from Investor Relations Investor relations The process by which the corporation communicates with its investors. , Asyst Technologies, Inc., 48761 Kato Road, Fremont, CA 94538. A registration statement relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc these securities has been filed with the Securities and Exchange Commission, but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation solicitation In criminal law, the act of asking, inducing, or directing someone to commit a crime. The person soliciting another becomes an accomplice to the crime. The term also refers to the act of obtaining bribes, as well as to the crime of a prostitute who offers sexual of an offer to buy, nor shall there be any sale of these securities, in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state. About Asyst Asyst Technologies, Inc. is a leading provider of integrated automation solutions for the semiconductor and flat panel display A thin display screen for computer and TV usage. The first flat panels appeared on laptop computers in the mid-1980s, and the LCD technology became the standard. Stand-alone LCD screens became available for desktop computers in the mid-1990s and exceeded sales of CRTs for the first time (FPD (1) (Flat Panel Display) See LCD, plasma display, EL display, FED and flat panel display. (2) (Field Programmable Device) An umbrella term for all chips that can be programmed by the customer including SPLDs, CPLDs and FPGAs. See PLD. ) manufacturing industries manufacturing industries npl → industrias fpl manufactureras manufacturing industries npl → industries fpl de transformation , which enable manufacturers to increase their manufacturing productivity and protect their investment in materials during the manufacturing process. Encompassing isolation systems, work-in-process materials management Materials management is the branch of logistics that deals with the tangible components of a supply chain. Specifically, this covers the acquisition of spare parts and replacements, quality control of purchasing and ordering such parts, and the standards involved in ordering, , substrate-handling robotics, automated transport and loading systems, and connectivity automation software, Asyst's modular, interoperable solutions allow chipmakers, FPD manufacturers and original equipment manufacturers, or OEMs, to select and employ the value-assured, hands-off manufacturing capabilities that best suit their needs. Asyst's homepage is http://www.asyst.com. Except for statements of historical fact, the statements in this press release are forward-looking. Such statements are subject to a number of risks and uncertainties that could cause actual results to differ materially from the statements made. These factors include, but are not limited to, the Company's ability to complete any sale of securities under the shelf registration statement and the Company's use of net proceeds from any sale of securities for particular purposes, which may depend on market conditions at the time of any such sale or other perceived uses of net proceeds resulting from any such sale of securities, and other factors more fully detailed in the Company's annual report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the year ended March 31, 2003 and other reports filed with the Securities and Exchange Commission. |
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