Planar Delists From NASDAQ Following Conclusion of Merger Deal with Leyard

Planar Systems, a global leader in display and digital signage technology, announced today that it has closed its sale to Leyard American Corporation, a subsidiary of Leyard Optoelectronic Co., Ltd., which designs, produces, and distributes a range of LED display products and its ancillary systems.

As previously announced on August 12, 2015, Planar and Leyard entered into a definitive merger agreement, pursuant to which Leyard American Corporation agreed to acquire all of the common stock of Planar for a purchase price of $6.58 per share.

Planar has requested that The Nasdaq Stock Market LLC suspend trading and delist Planar common stock in connection with the closing of the merger.

BofA Merrill Lynch served as financial advisor to Planar and Roth Capital Partners, LLC served as financial advisor to Leyard. Perkins Coie LLP provided legal advice to Planar and Shearman & Sterling LLP provided legal advice to Leyard.

Disclaimers of Warranties
1. The website does not warrant the following:
1.1 The services from the website meets your requirement;
1.2 The accuracy, completeness, or timeliness of the service;
1.3 The accuracy, reliability of conclusions drawn from using the service;
1.4 The accuracy, completeness, or timeliness, or security of any information that you download from the website
2. The services provided by the website is intended for your reference only. The website shall be not be responsible for investment decisions, damages, or other losses resulting from use of the website or the information contained therein<

Proprietary Rights
You may not reproduce, modify, create derivative works from, display, perform, publish, distribute, disseminate, broadcast or circulate to any third party, any materials contained on the services without the express prior written consent of the website or its legal owner.

<a href='//www2.ledinside.com/www/delivery/ck.php?n=a1cc0efc&cb=86698283' target='_blank'><img src='//www2.ledinside.com/www/delivery/avw.php?zoneid=91&cb=86698283&n=a1cc0efc' border='0' alt='' /></a>	<a href='//www2.ledinside.com/www/delivery/ck.php?n=a1519ec7&cb=65186749' target='_blank'><img src='//www2.ledinside.com/www/delivery/avw.php?zoneid=92&cb=65186749&n=a1519ec7' border='0' alt='' /></a>
<a href='//www2.ledinside.com/www/delivery/ck.php?n=a58b2f80&cb=64866101' target='_blank'><img src='//www2.ledinside.com/www/delivery/avw.php?zoneid=93&cb=64866101&n=a58b2f80' border='0' alt='' /></a>	<a href='//www2.ledinside.com/www/delivery/ck.php?n=a4a5ff6b&cb=19910236' target='_blank'><img src='//www2.ledinside.com/www/delivery/avw.php?zoneid=94&cb=19910236&n=a4a5ff6b' border='0' alt='' /></a>
<a href='//www2.ledinside.com/www/delivery/ck.php?n=a8800a75&cb=17617168' target='_blank'><img src='//www2.ledinside.com/www/delivery/avw.php?zoneid=95&cb=17617168&n=a8800a75' border='0' alt='' /></a>	<a href='//www2.ledinside.com/www/delivery/ck.php?n=afc4584f&cb=74859875' target='_blank'><img src='//www2.ledinside.com/www/delivery/avw.php?zoneid=96&cb=74859875&n=afc4584f' border='0' alt='' /></a>