Zoltek Companies: Review Of Strategic Alternatives
ST. LOUIS, MISSOURI - Zoltek Companies, Inc. announced that it is commencing a process to explore and evaluate strategic alternatives to maximize shareholder value. The Company has engaged J.P. Morgan Securities LLC as the Company's financial advisor for this process.
There is no assurance that this review will result in the Company pursuing any transaction or that a transaction, if pursued, will be completed. The Company does not intend to announce further developments regarding the process until its Board of Directors either completes its review or enters into a definitive agreement for a possible transaction.
For Further Information Contact:
Andrew Whipple, CFO
St. Louis, MO 63044