Astrotech Corporation Regains NASDAQ Compliance

AUSTIN, Texas--(Business Wire)--
Astrotech Corporation (NASDAQ:ASTC) announced today that the Company received
notice on June 18, 2009 from The NASDAQ Stock Market ("NASDAQ") confirming that
it has regained compliance with the minimum bid price rule for continued
listing. NASDAQ confirmed that the closing bid price of the Company's common
stock has been at $1.00 per share or greater for at least 10 consecutive trading
days. As a result, the Company is currently in compliance with all continued
listing standards.

The Company previously received a written notification from NASDAQ on April 7,
2008, indicating that the minimum bid price of the Company's common stock had
fallen below $1.00 for 30 consecutive trading days and that it was therefore not
in compliance with NASDAQ Listing Rule 5550(a)(2), formerly Marketplace Rule
4310(c)(4). The Company was given a period of time to regain compliance with
NASDAQ's listing rules.

About Astrotech Corporation

Astrotech is one of the first commercial space companies and remains a strong
entrepreneurial leader in the aerospace industry. The Company serves our
government and commercial satellite and spacecraft customers with our pre-launch
services from our Astrotech Space Operations (ASO) subsidiary and incubates
space technology businesses now having formed three companies; the 1st Detect
Corporation, which is developing a breakthrough mini-mass spectrometer first
created for the International Space Station; Astrogenetix, Inc., which is
producing biotech products in space and has recently developed a vaccine
candidate for Salmonella; and AirWard Corporation, which is drawing on its space
heritage of sending cargo to space by selling hazardous material containers for
the airline industry.

The statements in this document may contain forward-looking statements that are
made pursuant to the Safe Harbor provisions of the Private Securities Litigation
Reform Act of 1995. Such forward-looking statements are subject to risks,
trends, and uncertainties that could cause actual results to be materially
different from the forward-looking statement. These factors include, but are not
limited to, continued government support and funding for key space programs,
product performance and market acceptance of products and services, as well as
other risk factors and business considerations described in the company's
Securities & Exchange Commission filings including the annual report on Form
10-K. Any forward-looking statements in this document should be evaluated in
light of these important risk factors. The Company assumes no obligation to
update these forward-looking statements.

Astrotech Corporation
Scott Haywood, Corporate Marketing and Communications, 512-485-9520
shaywood@astrotechcorp.com

Copyright Business Wire 2009