Exhibit 99.1


Asyst Announces $75 Million Private Offering of Convertible Subordinated Notes

FREMONT, Calif.--June 25, 2001--Asyst Technologies, Inc. (Nasdaq:ASYT) today
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announced that it intends to offer, subject to market and other conditions, $75
million of convertible subordinated notes due 2008 in a private placement. The
notes will have a term of seven years and will be convertible into the Company's
common stock at the option of the holder, at a price to be determined. The
offering is expected to close in July 2001. The Company may also issue up to an
additional $11.25 million of notes to cover over-allotments in connection with
the offering. The Company intends to use the net proceeds of the offering for
general corporate purposes, including working capital.

The notes and the common stock issuable upon conversion have not been registered
under the Securities Act of 1933, as amended, or applicable state securities
laws, and are being offered only to qualified institutional buyers in reliance
on Rule 144A under the Securities Act. Unless so registered, the notes and
common stock issued upon conversion of the notes may not be offered or sold in
the United States except pursuant to an exemption from the registration
requirements of the Securities Act and applicable state securities laws. This
announcement is neither an offer to sell nor a solicitation of an offer to buy
any of these securities. This press release is being issued pursuant to and in
accordance with Rule 135c under the Securities Act of 1933, as amended.

Except for statements of historical fact, the statements in this press release
are forward-looking. Such statements are subject to a number of risks and
uncertainties that could cause actual results to differ materially from the
statements made. These factors include, but are not limited to: the volatility
of semiconductor industry cycles, failure to respond to rapid demand shifts,
dependence on a few significant customers, the transition of the industry from
200mm wafers to 300mm wafers, risks associated with the acceptance of new
products and product capabilities, including our Plus Portal systems,
competition in the semiconductor equipment industry, failure to efficiently
integrate acquired companies, failure to retain employees, and other factors
more fully detailed in the Company's annual report on Form 10-K for the year
ended March 31, 2001 filed with the Securities and Exchange Commission on June
19, 2001.

About Asyst: Asyst Technologies, Inc. is a leading provider of integrated
automation systems for the semiconductor manufacturing industry, which enable
semiconductor manufacturers to increase their manufacturing productivity and
protect their investment in silicon wafers during the manufacture of integrated
circuits, or ICs. Through its ``Value-Assured Fab'' strategy, Asyst offers a
broad range of 200mm and 300mm solutions that enable the safe transfer of wafers
and information between the process equipment and the fab line throughout the IC
fabrication process, while reducing IC damage caused by human, environmental,
mechanical and chemical factors. 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 chipmakers and original equipment manufacturers,
or OEMs, to select and employ the value-assured, hands-off manufacturing
capabilities that best suit their needs. Asyst's homepage is
http://www.asyst.com
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