Aviza Technology, Inc (fka AVZAQ)

[CHA$E]

June 12, 2009 04:05 PM Eastern Daylight Time

Aviza Technology Receives Delisting Notice from NASDAQ
SCOTTS VALLEY, Calif.--(BUSINESS WIRE)--Aviza Technology, Inc. (NASDAQ:AVZA), a supplier of advanced semiconductor capital equipment and process technologies for the global semiconductor industry and related markets, today announced that on June 10, 2009, it received a Staff Determination Letter from The NASDAQ Stock Market stating that the company’s common stock is subject to delisting from The NASDAQ Stock Market in accordance with Nasdaq Listing 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 June 9, 2009.

The company 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 June 19, 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.