The company’s consolidated financial statements reflect adjustments that reduce its consolidated net loss for the fiscal fourth quarter ended Mar. 31, 2005, by $1.1 million to $(1.8 million), or $(0.04) per share, as compared to the $(2.9 million), or $(0.06) per share, previously announced. For the full fiscal year, consolidated net loss was reduced by the same amount to $(17.5 million), or $(0.37) per share, as compared to the $(18.6 million), or $(0.39) per share, previously announced in its earnings press release of May 10, 2005. The reduction of the consolidated net loss for the fiscal fourth quarter and the full year is primarily attributable to the proper recording of certain inter-company sales and costs at Asyst Shinko, Inc. (ASI), the company’s 51%-owned joint venture in Japan.

In addition, the company decided to reclass certain service costs from selling, general and administrative expense (SG&A) to cost-of-sales, and reclassed certain foreign value-added taxes from other expense to SG&A. These adjustments did not have an impact on the company’s consolidated net loss for any period.

As a result of all adjustments, consolidated gross margin for the fiscal fourth quarter increased to 25.6%, as compared to the 24.3% announced previously. For the full fiscal year, consolidated gross margin decreased to 19.9%, as compared to the 20.5% announced previously.

Management has completed its assessment of internal control over financial reporting and, as previously announced, has determined that internal control over financial reporting was not effective as of Mar. 31, 2005. Details of its assessment and a summary of material weaknesses determined to exist as of Mar. 31, 2005 are included in Management’s Report on Internal Control Over Financial Reporting, under Item 9A of its Form 10-K.

As a result of filing its Form 10-K within the extended deadline provided by Form 12b-25, the company believes that its Form 10-K will be considered timely filed by the SEC, and that it continues to be in compliance with a Nasdaq listing qualification panel decision issued in January 2005 which requires the company to file timely all periodic reports through periods ending on or before Jan. 31, 2006.

About Asyst

Asyst Technologies, Inc. is a leading provider of integrated automation solutions that enable semiconductor and flat panel display (FPD) manufacturers to increase their manufacturing productivity and protect their investment in materials during the manufacturing process. Encompassing isolation systems, work-in-process materials management, substrate-handling robotics, automated transport and loading systems, and connectivity automation software, Asyst’s modular, interoperable solutions allow chip and FPD manufacturers, as well as original equipment manufacturers, to select and employ the value-assured, hands-off manufacturing capabilities that best suit their needs. Asyst’s homepage is http://www.asyst.com

“ Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995

Except for statements of historical fact, the statements in this press release are forward-looking. Words such as “expect,” “anticipate,” “intend,” “plan,” “believe,” “estimate” and variations of such words and similar expressions are intended to identify such forward-looking statements. The forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from the statements made. These factors include, but are not limited to, risks that we may not be able to remedy the internal control deficiencies referred to above in a timely manner and possible SEC or Nasdaq investigations or inquiries into these matters. The forward-looking statements and our business are also subject to the risks described at the end of Item 7 in our Form 10-K filed June 29, 2005.