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Press Release

Asyst Technologies to Request NASDAQ Hearing Relating
To Late Filing of Form 10-K

FREMONT, Calif., July 7, 2006 - Asyst Technologies, Inc. (NASDAQ: ASYT), as required by
NASDAQ, today announced that it received a letter from the NASDAQ Listing Qualifications
Department on June 30, 2006, indicating that Asyst is not in compliance with the filing requirements for
continued listing as set forth in NASDAQ Marketplace Rule 4310(c)(14). This is because of the
company's previously announced delay in filing its Annual Report on Form 10-K for its fiscal year ended
Mar. 31, 2006.
NASDAQ has begun a process that could eventually lead to de-listing of the company's common
stock on the NASDAQ Global Market (previously named the NASDAQ National Market). However, the
company has made a request for a hearing before a NASDAQ Listings Qualifications Panel to address the
filing delay. As indicated in the NASDAQ letter, the company's timely request for a hearing will
postpone a de-listing of the company's common stock pending the hearing and the Panel's decision.
Asyst hopes to remedy its filing delay before NASDAQ would effect the de-listing of Asyst's common
shares, but Asyst cannot assure that the Panel will grant a request for continued listing. These matters also
are being reported in a Form 8-K to be filed on July 7, 2006.
Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995
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 notice of potential de-listing that we received from
NASDAQ and the need to seek from NASDAQ an extension of time to file our fiscal year 2006 Form 10-K in order
to avoid possible de-listing of our common stock from the NASDAQ Global Market, and uncertainties that may be
associated with any hearing or appeals that seek to avoid de-listing for failure to file timely periodic reports with the
SEC; uncertainties relating to the time needed for our special committee of independent directors to complete its
inquiry into our past stock option grants and practices; uncertainties related to the time required for our auditors to
review the results of the special committee's inquiry; uncertainty as to whether the final resolution of previously
announced matters could relate to historical financial statements, and could require a restatement of such financial
statements; uncertainty as to whether final resolution of the previously announced matters, including delays in filing
our Form 10-K for our fiscal year 2006, or periodic statements for subsequent reporting periods, could adversely
affect our ability to timely consummate our previously announced agreement to purchase from Shinko Electric Co.,
Ltd. additional outstanding shares of our majority-owned subsidiary Asyst Shinko Inc., or could materially and
adversely affect any related financing (including acceleration of payment obligations); the possibility that these or
other matters could comprise a material weakness in the company's internal control over financial reporting, which
could prevent the company from timely meeting its future reporting requirements or obligation to maintain effective
internal control; volatility in our stock price pending resolution of or resulting from the matters discussed above; the
volatility of semiconductor industry cycles and other factors more fully detailed in the company's annual report on
Form 10-K for the year ended March 31, 2005, and other reports filed with the Securities and Exchange
Commission.
| Contact: |
John Swenson
Vice President, Investor Relations & Corporate Communications
Asyst Technologies, Inc.
510-661-5000 |
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