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Axcelis Receives Nasdaq Compliance Notification

BEVERLY, Mass., Oct 14, 2009 (GlobeNewswire via COMTEX) -- By Staff

Company: Axcelis Technologies, Inc. (ACLS)

Axcelis Technologies, Inc. (Nasdaq:ACLS), a leading supplier of innovative, high-productivity solutions for the semiconductor industry, announced today that it received a notification of compliance with Listing Rule 5450(a)(1) from Nasdaq Listing Qualifications. This notification reflects the fact that the closing price of the Company's common stock was above $1.00 for more than 10 consecutive days since Nasdaq sent a notice of non-compliance with the Listing Rule in September. Nasdaq has informed Axcelis that all listing compliance issues are closed.

Axcelis Technologies, Inc. (Nasdaq:ACLS) headquartered in Beverly, Massachusetts, provides innovative, high-productivity solutions for the semiconductor industry. Axcelis is dedicated to developing enabling process applications through the design, manufacture and complete life cycle support of ion implantation and cleaning systems. The company's Internet address is: www.axcelis.com.

This news release was distributed by GlobeNewswire, www.globenewswire.com

SOURCE: Axcelis Technologies, Inc. 

CONTACT:  Axcelis Technologies, Inc.
Editorial/Media
Maureen Hart
978.787.4266
Financial Community
Stephen Bassett
978.787.4000

Copyright (C) 2009 GlobeNewswire. All rights reserved

News Provided by COMTEX

Company: Axcelis Technologies, Inc. (ACLS)


Related terms: internet, manufacturer, massachusetts, nasdaq, productivity, technology

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