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Dutch Supreme Court finally dismisses request for enquiry(March 30, 2012)
ALMERE, NETHERLANDS -- (Marketwire) -- 03/30/12 -- ASM International N.V. (NASDAQ: ASMI) (Euronext Amsterdam: ASM) announces that the Dutch Supreme Court today confirmed the decision of the Enterprise Court dated April, 14 2011 that there are no grounds to order an enquiry (enquête) into the affairs of the Company as requested by Fursa and Hermes in 2008.
Fursa and Hermes were ordered to pay the Company's legal expenses.
The Company welcomes the decision of the Supreme Court. It is final and cannot be appealed. It means that these proceedings against the Company have now formally come to a definitive end.
About ASM International
ASM International N.V., headquartered in Almere, the Netherlands, and its subsidiaries design and manufacture equipment and materials used to produce semiconductor devices. ASM International and its subsidiaries provide production solutions for wafer processing (Front-end segment) as well as assembly and packaging (Back-end segment) through facilities in the United States, Europe, Japan and Asia. ASM International's common stock trades on NASDAQ (symbol ASMI) and the Euronext Amsterdam Stock Exchange (symbol ASM). For more information, visit ASMI's website at www.asm.com.
Safe Harbor Statement under the U.S. Private Securities Litigation Reform Act of 1995: All matters discussed in this statement, except for any historical data, are forward-looking statements. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. These include, but are not limited to, economic conditions and trends in the semiconductor industry generally and the timing of the industry cycles specifically, currency fluctuations, corporate transactions, financing and liquidity matters, the success of restructurings, the timing of significant orders, market acceptance of new products, competitive factors, litigation involving intellectual property, shareholder and other issues, commercial and economic disruption due to natural disasters, terrorist activity, armed conflict or political instability, epidemics and other risks indicated in the Company's filings from time to time with the U.S. Securities and Exchange Commission, including, but not limited to, the Company's reports on Form 20-F and Form 6-K. The Company assumes no obligation to update or revise any forward- looking statements to reflect future developments or circumstances.
Dutch Supreme Court finally dismisses request for enquiry: http://hugin.info/132090/R/1598782/504232.pdf
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Source: ASM International NV via Thomson Reuters ONE [HUG#1598782]
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