Asyst posts $506,310 operating loss for April 21 to April 30 period

By Caroline Salls

Pittsburgh, May 27 - Asyst Technologies, Inc. reported a $506,310 operating loss for April 21 to April 30 on $441,546 in revenues, according to its monthly operating report filed Wednesday with the Securities and Exchange Commission.

The net loss for the period was $488,874.

The company had $5.98 million in cash and cash equivalents at April 30.

Asyst develops automation products for the semiconductor industry and is located in Fremont, Calif. The company filed for bankruptcy on April 20 in the U.S. Bankruptcy Court for the Northern District of California. Its Chapter 11 case number is 09-43246.

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