M&A

15 January, 2010

The Shuman Law Firm Announces Investigation on Behalf of Zygo Corporation Shareholders

Press Release Source: The Shuman Law Firm On Friday January 15, 2010, 2:48 pm EST

BOULDER, Colo.--(BUSINESS WIRE)--The Shuman Law Firm today announced that it is investigating potential breaches of fiduciary duty and other violations of state law on behalf of shareholders of Zygo Corporation (Nasdaq: ZIGO - News) ("Carter's" or the "Company") related to an unsolicited purchase offer the Company received from II-VI Incorporated ("II-VI") to acquire all of the outstanding shares of Zygo common stock for $10 per share in cash or II-VI common stock, subject to certain conditions.

The cash-or-stock offer values Zygo at approximately $170 million, based on approximately 17 million shares outstanding as of November 2, 2009. On January 7, 2010, Zygo issued a press release stating that the Company plans to hire an independent financial advisor to evaluate the offer. The Company also said it is in the late stages of implementing a substantial reorganization of its business.

If you are interested in discussing your rights as a Zygo shareholder, or have information relating to this investigation, please contact Kip B. Shuman or Rusty E. Glenn toll free at 866-974-8626 or email Mr. Shuman at kip@shumanlawfirm.com or Mr. Glenn at rusty@shumanlawfirm.com.

The Shuman Law Firm represents investors throughout the nation, concentrating its practice in securities class actions and shareholder derivative actions.