Cancellation on July 24, 2008, of 235,587 Registered Shares Bought Back under the 2007 Share Repurchase Program.Share Capital of INFICON Holding AG Now Consists of 2,141,175 Registered Shares at CHF CHF In currencies, this is the abbreviation for the Swiss Franc. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 5.00 Par Value Each ZURICH, Switzerland & SYRACUSE, N.Y. -- INFICON (SWX Swiss Exchange SWX Swiss Exchange An all-electronic securities exchange formed from the 1995 merger of exchanges in Geneva, Basel, and Zurich. The exchange offers trading in equity securities, investment funds, exchange-traded funds, bonds, Eurobonds, and options. : IFCN IFCN International Fitness Club Network IFCN Interfacility Flow Control Network ), a leading manufacturer of instrumentation and process control software for the semiconductor and vacuum-coating industries and other industrial applications, today announced that it will cancel tomorrow, July 24, 2008, the 235,587 registered shares of INFICON Holding AG bought back under the share repurchase Share Repurchase A program by which a company buys back its own shares from the marketplace, reducing the number of outstanding shares. This is usually an indication that the company's management thinks the shares are undervalued. program ended on December 13, 2007 as agreed on April 24, 2008, at the Annual General Meeting of Shareholders. The share capital of INFICON Holding AG now consists of 2,141,175 registered shares with a par value of CHF 5.00 each totaling to a fully paid up share capital of CHF 10,705,875.00. ABOUT INFICON INFICON is a leading, provider of innovative instrumentation, critical sensor technologies, and advanced process control software that enhance productivity and quality in sophisticated industrial vacuum processes. These analysis, measurement and control products are essential for gas leak detection Gas leak detection can be done by use of various methods. Traditionally methods include Catalytic/IR Point Sensors and IR Open Path Sensors, more recent detection methods include Ultrasonic Gas Leak Detectors. in air conditioning/refrigeration manufacturing and vital to original equipment manufacturers (OEMs) and end-users in the complex manufacturing of semiconductors, flat panel displays, magnetic and optical storage media, and precision optics. We also leverage our expertise in vacuum technology Vacuum Technology is a 5B$ market, it includes several disciplines Vacuum Pump Vacuum Gauges or Measurement Leak detection equipment Process monitoring equipment Gas analyser to provide unique, toxic chemical Any chemical which, through its chemical action on life processes, can cause death, temporary incapacitation, or permanent harm to humans or animals. This includes all such chemicals, regardless of their origin or of their method of production, and regardless of whether they are produced analysis products for emergency response, security, and environmental monitoring. INFICON has world-class manufacturing facilities in the United States and Europe and subsidiaries in China, Finland, France, Germany, Japan, Korea, Liechtenstein, Singapore, Switzerland, Taiwan, and the United Kingdom. INFICON registered shares (IFCN) are listed on the SWX SWX Swiss Exchange (trademark of SWX Swiss Exchange) SWX SolidWorks (3D solid modeling CAD software) SWX Splitter / Wave Division Multiplexer Swiss Stock Exchange. For more information about INFICON and its products, please visit www.inficon.com. This press release and oral statements or other written statements made, or to be made, by us contain forward-looking statements that do not relate solely to historical or current facts. These forward-looking statements are based on the current plans and expectations of our management and are subject to a number of uncertainties and risks that could significantly affect our current plans and expectations, as well as future results of operations and financial condition. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. |
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