Glaston’s glass processing subsidiary initiates employee co-operation negotiations

Details of the impact of the adjustment plan on personnel will be announced when negotiations with personnel representatives have been completed.

In Tamglass Glass Processing’s employee co-operation negotiations that ended on 10 September 2008 it was decided that the glass processing unit closes its working machine and special automotive glass business.

Glaston Corporation

Glaston Corporation is a growing, international glass technology company. Glaston is the global market leader in glass processing machines, and a comprehensive One-Stop-Partner supplier to its customers. Its product range and service network are the widest in the industry. Glaston’s well–known brands are Bavelloni in pre-processing machines and tools, Tamglass and Uniglass in safety glass machines, and Albat+Wirsam in glass industry software.

Glaston’s own glass processing unit, Tamglass Glass Processing, is a local Finnish manufacturer of high quality safety glass products.

Glaston’s share (GLA1V) is listed on the NASDAQ OMX Helsinki Mid Cap List.