MathStar (MATH) Hires Banker To Explore Strategic Alternatives

May 21, 2008 5:36 PM EDT

MathStar, Inc. (Nasdaq: MATH) announced today it has decided to engage an investment banker to explore strategic alternatives. No decision has been made as to whether MathStar will engage in a transaction resulting from its Board of Directors' consideration of strategic alternatives, and there can be no assurance that any transaction will occur or, if undertaken, the terms or timing of such a transaction.


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