SEMX announces delisting of its common stock by NASDAQ

March 4, 2003 – Armonk NY – SEMX Corp. said that a NASDAQ Listing Qualifications Panel had issued a written decision that the company’s common stock would be delisted from the NASDAQ Stock Market effective as of the opening of trading on March 10, 2003.

The panel’s decision was based on SEMX’s failure to comply with the NASDAQ requirements as to minimum market value of publicly held securities, or minimum bid price/share. The company expects that its stock will trade on the Over-the-Counter Bulletin Board (OTCBB) under the symbol “SEMX” following the delisting by NASDAQ.

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