BUFFALO GROVE, Illinois, November 11 /PRNewswire/ --
In the news release, Eagle Test Systems (Nasdaq: EGLT) Announces Termination of Hart-Scott-Rodino Waiting Period, issued earlier today by Eagle Test Systems, Inc. over PR Newswire, the first paragraph, second sentence, should read, Eagle Test also announced that the merger is expected to close on or about November 18, 2008, and that it has obtained all necessary consents required to close the transaction on such date. Release was incorrectly transmitted by PR Newswire.
Complete, corrected release follows:
Eagle Test Systems Announces Termination of Hart-Scott-Rodino Waiting Period
Eagle Test Systems, Inc. (Nasdaq: EGLT), a provider of automated test equipment solutions for high-performance analog, mixed-signal and radio frequency (RF) semiconductors, announced today that it has received early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, with respect to the previously announced merger agreement among Eagle Test, Teradyne, Inc. (Teradyne) and Turin Acquisition Corp., a Delaware corporation and a wholly owned subsidiary of Teradyne. Eagle Test also announced that the merger is expected to close on or about November 18, 2008, and that it has obtained all necessary consents required to close the transaction on such date.
About Eagle Test Systems, Inc.
Eagle Test designs, manufactures, sells and services high performance automated test equipment for the semiconductor industry. The company's products are used to test analog, mixed-signal and radio frequency (RF) semiconductors that are used in products such as digital cameras, MP3 players, automotive electronics, cellular telephones, computers and peripherals. The company was founded in 1976 and has offices located throughout the world in Asia, North America and Europe, with corporate headquarters in Buffalo Grove, Illinois. For more information, please visit www.eagletest.com.
Safe Harbor
This press release may contain forward-looking statements within the meaning of the federal securities laws. When used, the words anticipate, assume, believe, estimate, expect, intend, may, plan, project, result, should, will and similar expressions that do not relate solely to historical matters identify forward-looking statements. Forward-looking statements are subject to risks and uncertainties, both known and unknown and often beyond our control, and are not guarantees of future performance insofar as actual events or results may vary materially from those anticipated. Factors that may cause such a variance include, among others, those discussed from time to time in our filings with the Securities and Exchange Commission. We expressly disclaim any responsibility to update forward-looking statements.
Company Contact: Stephen J. Hawrysz Chief Financial Officer Eagle Test Systems, Inc. +1-847-327-1033
Stephen J. Hawrysz, Chief Financial Officer of Eagle Test Systems, Inc., +1-847-327-1033
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