Astrotech Acquires State-of-the-Art Imaging Technology

Astrotech Corporation ("Astrotech" or the "Company") ASTC, a leading provider of disruptive technology solutions, announced today that it has successfully completed the acquisition of certain key assets and intellectual property from Image Trends, Inc., during a bankruptcy auction held in Austin, TX, on March 18th, 2015. Astrotech's management team has a long track record of identifying and creating value from distressed situations. "With the acquisition of these technologies, intellectual property, and know-how, coupled with selected high performance space imaging technologies, we have created Astral Images, Inc., revolutionizing the film to digital conversion process for the new Ultra-High Definition 4K standards, " stated Thomas B. Pickens, CEO of Astrotech.