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The Company today requested a hearing before the Panel, which will stay any action with respect to the Staff Determination until the Panel renders a decision subsequent to the hearing. There can be no assurance that following the hearing the Panel will grant the Company's request for continued listing. About Electroglas Electroglas is a leading supplier of innovative wafer probers and software solutions for the semiconductor industry. For more than 40 years, Electroglas has helped integrated device manufacturers (IDMs), wafer foundries and outsourced assembly and test (OSAT) suppliers improve the overall effectiveness of semiconductor manufacturers' wafer testing. Headquartered in San Jose, California, the company has shipped more than 16,500 systems worldwide. Electroglas' stock trades on the NASDAQ Capital Market under the symbol "EGLS." More information about the company and its products is available at http://www.electroglas.com. This news release was distributed by GlobeNewswire, www.globenewswire.com SOURCE: Electroglas, Inc. Electroglas, Inc. Tom Brunton, CFO 408.528.3000 tbrunton@electroglas.com For full details for EGLS click here.
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