ATMI sells minority interest in Emosyn to SST

ATMI Inc. has sold its 16.4 percent minority interest in the Emosyn smart card business to Silicon Storage Technology Inc. (SST) for $3.1 million.

In September 2004, ATMI announced that it had sold its Emosyn smart card business to Silicon Storage Technology Inc. through a newly formed subsidiary, Emosyn International. ATMI had retained a 16.4 percent ownership position in that original transaction. Effective with the consummation of this current transaction, ATMI is selling that remaining portion, whereby Emosyn will become a wholly-owned subsidiary of SST.

ATMI provides specialty materials and materials packaging to the worldwide semiconductor industry.