Aviza Technology, Inc, a supplier of advanced semiconductor capital equipment and process technologies for the global semiconductor industry and related markets, today announced that on March 28, 2008, as management expected, the Company received a letter from Nasdaq notifying the Company that the bid price of the Company's common stock closed below the minimum $1.00 per share requirement for continued inclusion under Marketplace Rule 4450(a)(5). According to Nasdaq's letter, the Company will be provided 180 calendar days, or until September 24, 2008, to regain compliance in accordance with Marketplace Rule 4450(e)(2) and that if, at anytime before September 24, 2008, the bid price of the Company's common stock closes at $1.00 per share or more for a minimum of 10 consecutive business days, the Company will regain compliance with Marketplace Rule 4450(a)(5).
