TechTeam Global and Stefanini International Announce Early Termination of HSR Waiting Period

TechTeam Global, Inc. TEAM and Stefanini International Holdings Ltd today announced that the Federal Trade Commission has granted early termination of the waiting period under the Hart-Scott Rodino Antitrust Improvements Act of 1976, as amended relating to their previously announced acquisition of all outstanding shares of common stock of the Company by Platinum Merger Sub, Inc., a subsidiary of Stefanini. Accordingly, the condition with respect to the expiration or termination of the waiting period under the HSR Act has been satisfied.