Southwall Technologies (SWTX)

[MWM]

On August 23, 2010, Crown International Acquisition Company, LLC, a wholly owned subsidiary of Southwall Technologies Inc., pursuant to a court sale order, entered into an agreement to purchase the operating assets of Crown Operations International, LTD. Under the terms of the order and the agreement, Crown International Acquisition Company, LLC agreed to purchase certain specified assets of Crown Operations International, LTD for approximately $3,305,000. Crown Operations International, LTD is an interlayer converting and laminating facility. The assets to be purchased include a 23,000 sq ft manufacturing facility, situated on 4 acres of land, and converting equipment located in Sun Prairie, Wisconsin. Under the terms of the order and the agreement, the purchase is expected to be completed on or about August 30, 2010.