Glaston Oyj Abp - Company Announcement

Glaston's negotiations with financial institutions continue

Helsinki, Finland, 2011-01-21 12:15 CET (GLOBE NEWSWIRE) -- 

GLASTON CORPORATION, Stock Exchange Release, 21.1.2011 at 13.15 (EET)

Glaston's negotiations with financial institutions continue

Glaston Corporation's negotiations with its financial institutions on the
company's long-term financing solutions are currently ongoing. The talks are
progressing in a positive atmosphere but are expected to continue longer than
initially envisaged. The parties' aim is to sign the agreement by the end of
February 2011. 

In its Interim Report on 27 October 2010, Glaston announced that it was
negotiating the renewal of its existing financing agreements. At the time,
negotiations were to be concluded by January 2011. 

For further information, please contact Tapio Engström, CFO, Glaston
Corporation, tel: +358 (0)10 500 6419 









Glaston Corporation
Glaston Corporation is an international glass technology companyand a pioneer
of glass processing technology.Its product range and service network are the
widest in the industry.Glaston's well-known brands are Bavelloni in
pre-processing machines and tools, Tamglass and Uniglass in safety glass
machines, and Albat+Wirsam in glass industry software. 

Glaston's share (GLA1V) is listed on the NASDAQ OMX Helsinki Small Cap List.



Distribution: NASDAQ, OMX, key media, www.glaston.net