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<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>
<DIV style="font-family: 'Times New Roman',Times,serif">


<P align="center" style="font-size: 10pt"><B>As filed with the Securities and Exchange Commission on January&nbsp;12, 2005</B>



<P align="right" style="font-size: 10pt"><B>Registration No.&nbsp;333-________</B>
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<HR size="1" noshade color="#000000" style="margin-top: -10px">



<DIV align="center" style="font-size: 14pt"><B>SECURITIES AND EXCHANGE COMMISSION</B>
</DIV>
<DIV align="center" style="font-size: 12pt"><B>Washington, D.C. 20549</B>
</DIV>

<P align="center" style="font-size: 18pt"><B>FORM S-8</B>


<DIV align="center" style="font-size: 12pt"><B>REGISTRATION STATEMENT<BR>
UNDER<BR>
THE SECURITIES ACT OF 1933</B>
</DIV>


<P align="center" style="font-size: 24pt"><B>ASYST TECHNOLOGIES, INC.</B>


<DIV align="center" style="font-size: 10pt">(Exact name of Registrant, as specified in its charter)</DIV>


<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="30%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="30%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="30%">&nbsp;</TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD align="center" valign="top"><B>California</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><B>48761 Kato Road</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><B>94-2942251</B></TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top">(State of Incorporation)
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><B>Fremont, CA 94538</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">(I.R.S. Employer Identification</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top">
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><B>(510)&nbsp;661-5000</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">No.)</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="center" style="font-size: 10pt">(Address and telephone number of principal executive offices)</DIV>



<P align="center" style="font-size: 10pt"><B>2003 EQUITY INCENTIVE PLAN</B><BR>
(Full title of the Plan)



<P align="center" style="font-size: 10pt">Stephen S. Schwartz<BR>
Chairman, President and Chief Executive Officer<BR>
Asyst Technologies, Inc.<BR>
48761 Kato Road<BR>
Fremont, CA 94538<BR>
(510)&nbsp;661-5000<BR>
(Name, address and telephone number of agent for service)



<P align="center" style="font-size: 10pt"><B>CALCULATION OF REGISTRATION FEE</B>


<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="60%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2"><B>Proposed</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2"><B>Maximum</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2"><B>Proposed Maximum</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="center"><B>Title of Securities to be</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2"><B>Amount to be</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2"><B>Offering Price</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2"><B>Aggregate Offering</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2"><B>Amount of</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="center"><B>Registered</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2"><B>Registered (1)</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2"><B>Per Share (2)</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2"><B>Price (2)</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2"><B>Registration Fee</B></TD>
    <TD>&nbsp;</TD>
</TR>

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<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Common Stock (no
par value) reserved
for future issuance
pursuant<BR>
 to the
2003 Equity
Incentive Plan (3)
(4)</DIV></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" align="center" nowrap>900,000 shares</TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">4.635</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">4,171,500.00</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left">$</TD>
    <TD align="right">490.99</TD>
    <TD>&nbsp;</TD>
</TR>
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</TABLE>
</DIV>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">(1)&nbsp;&nbsp;</TD>
    <TD>Pursuant to Rule&nbsp;416(a), this registration statement shall also cover
any additional shares of the Registrant&#146;s common stock which become
issuable under the plan set forth herein by reason of any stock
dividend, stock split, recapitalization or any other similar
transaction effected without receipt of consideration which results in
an increase in the number of outstanding shares of the Registrant&#146;s
common stock.</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">(2)&nbsp;&nbsp;</TD>
    <TD>Estimated solely for the purpose of calculating the amount of the
registration fee pursuant to Rule 457(c) and (h)(1) under the
Securities Act of 1933, as amended (the &#147;Act&#148;). The offering price per
share and aggregate offering price are based upon the average of the
high and low prices of the Registrant&#146;s common stock as reported on
the Nasdaq National Market System on January&nbsp;7, 2005.</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">(3)&nbsp;&nbsp;</TD>
    <TD>These shares represent additional shares reserved under an amendment
to the 2003 Equity Incentive Plan approved by the Registrant&#146;s
shareholders at the Registrant&#146;s annual meeting held on September&nbsp;21,
2004. The initial 1,000,000 shares reserved under this plan in 2003
were registered on Form S-8 filed with the SEC on October&nbsp;3, 2003
(Registration No.&nbsp;333-109432).</TD>
</TR>

<TR>

    <TD colspan="5">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">(4)&nbsp;&nbsp;</TD>
    <TD>Each share of common stock includes Preferred Stock Purchase Rights
that, prior to the occurrence of certain events, will not be
exercisable or evidenced separately from the common stock.</TD>
</TR>

</TABLE>


<P>
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<P align="center" style="font-size: 10pt">&nbsp;
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<DIV style="font-family: 'Times New Roman',Times,serif">




<!-- TOC -->
<A name="toc"><DIV align="CENTER" style="page-break-before:always"><U><B>TABLE OF CONTENTS</B></U></DIV></A>

<P><CENTER>
<TABLE border="0" width="90%" cellpadding="0" cellspacing="0">
<TR>
	<TD width="3%"></TD>
	<TD width="3%"></TD>
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	<TD width="3%"></TD>
	<TD width="3%"></TD>
	<TD width="76%"></TD>
</TR>
<TR><TD colspan="9"><A HREF="#000">PART II</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#001">Item&nbsp;3. INCORPORATION OF DOCUMENTS BY REFERENCE</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#002">Item&nbsp;4. DESCRIPTION OF SECURITIES</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#003">Item&nbsp;5. INTEREST OF NAMED EXPERTS AND COUNSEL</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#004">Item&nbsp;6. INDEMNIFICATION OF DIRECTORS AND OFFICERS</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#005">Item&nbsp;7. EXEMPTION FROM REGISTRATION CLAIMED</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#006">Item&nbsp;8. EXHIBITS</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#007">Item&nbsp;9. UNDERTAKINGS</A></TD></TR>
<TR><TD colspan="9"><A HREF="#008">SIGNATURES</A></TD></TR>
<TR><TD colspan="9"><A HREF="#009">EXHIBIT INDEX</A></TD></TR>
<TR><TD colspan="9"><A HREF="f04602exv5w1.htm">EXHIBIT 5.1</A></TD></TR>
<TR><TD colspan="9"><A HREF="f04602exv23w1.htm">EXHIBIT 23.1</A></TD></TR>
</TABLE>
</CENTER>
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<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>




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<DIV align="left"><A NAME="000"></A></DIV>

<P align="center" style="font-size: 10pt"><B>PART II</B>


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<DIV align="left"><A NAME="001"></A></DIV>

<P align="left" style="font-size: 10pt"><B>Item&nbsp;3. INCORPORATION OF DOCUMENTS BY REFERENCE</B>


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The contents of the following documents filed by Asyst Technologies, Inc. (&#147;Asyst&#148;, or the
&#147;Company&#148;) with the Securities and Exchange Commission (the &#147;SEC&#148;) are incorporated by reference
into this registration statement:



<P align="left" style="margin-left:6%; font-size: 10pt">(a)&nbsp;The Company&#146;s Annual Report on Form 10-K for the fiscal year ended March&nbsp;27, 2004, filed
with the SEC on June&nbsp;10, 2004, including all material incorporated by reference therein;



<P align="left" style="margin-left:6%; font-size: 10pt">(b)&nbsp;The Company&#146;s Quarterly Report on Form 10-Q for the quarter ended June&nbsp;26, 2004, filed
with the SEC on August&nbsp;5, 2004 (which shall not be relied upon and is superseded by the Form
10-Q/A listed in (c)&nbsp;below);



<P align="left" style="margin-left:6%; font-size: 10pt">(c)&nbsp;The Company&#146;s Amendment No.&nbsp;1 to its Quarterly Report on Form 10-Q/A for the quarter
ended June&nbsp;26, 2004, filed with the SEC on December&nbsp;30, 2004;



<P align="left" style="margin-left:6%; font-size: 10pt">(d)&nbsp;The Company&#146;s Quarterly Report on Form 10-Q for the quarter ended September&nbsp;25, 2004,
filed with the SEC on December&nbsp;30, 2004;



<P align="left" style="margin-left:6%; font-size: 10pt">(e)&nbsp;All other reports filed pursuant to Section 13(a) or 15(d) of the Securities Exchange
Act of 1934, as amended (the &#147;Exchange Act&#148;) since the end of the fiscal year covered by the
Registrant&#146;s latest Annual Report referred to in (a)&nbsp;above (and provided that any portions
of such reports that are deemed furnished and not filed pursuant to the instructions to Form
8-K shall not be incorporated by reference into this registration statement);



<P align="left" style="margin-left:6%; font-size: 10pt">(f)&nbsp;The description of the Company&#146;s common stock set forth in its Registration Statement on
Form 8-A, filed with the SEC on February&nbsp;21, 1995, including any amendment or report filed
for the purpose of updating such description.

<P align="left" style="font-size: 10pt">All reports and other documents subsequently filed by the Company pursuant to Sections&nbsp;13(a),
13(c), 14 and 15(d) of the Exchange Act prior to the filing of a post-effective amendment which
indicates that all securities offered have been sold or which deregisters all securities then
remaining unsold, shall be deemed to be incorporated by reference herein and to be a part of this
registration statement from the date of the filing of such reports and documents.


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<DIV align="left"><A NAME="002"></A></DIV>

<P align="left" style="font-size: 10pt"><B>Item&nbsp;4. DESCRIPTION OF SECURITIES</B>



<P align="left" style="margin-left:6%; font-size: 10pt">Not applicable.

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<DIV align="left"><A NAME="003"></A></DIV>

<P align="left" style="font-size: 10pt"><B>Item&nbsp;5. INTEREST OF NAMED EXPERTS AND COUNSEL</B>



<P align="left" style="margin-left:6%; font-size: 10pt">Not applicable.

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<DIV align="left"><A NAME="004"></A></DIV>

<P align="left" style="font-size: 10pt"><B>Item&nbsp;6. INDEMNIFICATION OF DIRECTORS AND OFFICERS</B>


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Asyst&#146;s Bylaws provide that it will indemnify its directors to the fullest extent not
prohibited by California law and its officers, employees and other agents as set forth in the
California law. Asyst is also empowered under its Articles of Incorporation and Bylaws to enter
into indemnification contracts with its directors, officers, employees and agents to the fullest
extent permitted by California law and to purchase insurance on behalf of any person whom it is
required or permitted to indemnify. Pursuant to this provision, Asyst has entered into indemnity
agreements with directors and officers, and currently maintains directors&#146; and officers&#146; liability
insurance.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In addition, Asyst&#146;s Articles of Incorporation provide that, to the fullest extent permitted
by California law, Asyst&#146;s directors will not be liable for monetary damages. This provision in the
Articles of Incorporation does not eliminate the duty of care, and in appropriate circumstances,
equitable remedies such as an injunction or other forms


<P align="center" style="font-size: 10pt">II-1
</DIV>

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<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">
<P align="left" style="font-size: 10pt">of non-monetary relief would remain available under California law. Each director will continue to
be subject to liability for breach of the director&#146;s duty of loyalty to Asyst, for acts or
omissions not in good faith or involving intentional misconduct or knowing and culpable violations
of law, that the director believes to be contrary to the best interests of Asyst or its
shareholders, involving a reckless disregard for the director&#146;s duty to Asyst or its shareholders
when the director was aware, in the ordinary course of performing required duties, or should have
been aware, of a risk of serious injury to Asyst or its shareholders, or an unexcused pattern of
inattention that amounts to an abdication of the director&#146;s duty to Asyst or its shareholders, for
improper transactions between the director and Asyst and for improper distributions to shareholders
and loans to directors and officers or for acts or omissions by the director as an officer. This
provision also does not affect a director&#146;s responsibilities under any other laws, such as the
federal securities laws or state or federal environmental laws.


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<DIV align="left"><A NAME="005"></A></DIV>

<P align="left" style="font-size: 10pt"><B>Item&nbsp;7. EXEMPTION FROM REGISTRATION CLAIMED</B>



<P align="left" style="margin-left:6%; font-size: 10pt">Not applicable.

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<DIV align="left"><A NAME="006"></A></DIV>

<P align="left" style="font-size: 10pt"><B>Item&nbsp;8. EXHIBITS</B>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="90%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="center" colspan="5"><B>Exhibit</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="center" colspan="5"><B>Number</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center"><B>Description of Document</B></TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top" colspan="3" align="right"><DIV style="margin-left:0px; text-indent:-0px">4.1
</DIV></TD>
    <TD align="right" valign="top">(1</TD>
    <TD nowrap valign="top">)</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Rights Agreement between the Company and Bank of Boston, N.A., as Rights Agent, dated June
25, 1998.</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top" colspan="3" align="right"><DIV style="margin-left:0px; text-indent:-0px">4.2
</DIV></TD>
    <TD align="right" valign="top">(2</TD>
    <TD nowrap valign="top">)</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Common Stock Purchase Agreement, dated as of May&nbsp;26, 1999.</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD colspan="3" align="right" valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.3
</DIV></TD>
    <TD align="right" valign="top">(3</TD>
    <TD nowrap valign="top">)</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Indenture dated as of July&nbsp;3, 2001 between the Company and State Street Bank and Trust
Company of California, N.A., as trustee, including therein the forms of the notes.</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD colspan="3" align="right" valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.4
</DIV></TD>
    <TD align="right" valign="top">(3</TD>
    <TD nowrap valign="top">)</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Registration Rights Agreement dated as of July&nbsp;3, 2001 between the Company and State
Street Bank and Trust Company of California, N.A.</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD colspan="3" align="right" valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.5
</DIV></TD>
    <TD align="right" valign="top">(4</TD>
    <TD nowrap valign="top">)</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Amendment to Rights Agreement between the Company and Bank of Boston, N.A. as rights agent,
dated November&nbsp;30, 2001.</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD colspan="3" align="right" valign="top"><DIV style="margin-left:0px; text-indent:-0px">5.1
</DIV></TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Opinion of Baker &#038; McKenzie LLP.</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD colspan="3" align="right" valign="top"><DIV style="margin-left:0px; text-indent:-0px">23.1
</DIV></TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Consent of Independent Registered Public Accounting Firm</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD colspan="3" align="right" valign="top"><DIV style="margin-left:0px; text-indent:-0px">23.2
</DIV></TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Consent of Baker &#038; McKenzie LLP is contained in Exhibit&nbsp;5.1 to this registration statement.</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD colspan="3" align="right" valign="top"><DIV style="margin-left:0px; text-indent:-0px">24.1
</DIV></TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Power of Attorney is contained on the signature pages.</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD colspan="3" align="right" valign="top"><DIV style="margin-left:0px; text-indent:-0px">99.1
</DIV></TD>
    <TD align="right" valign="top">(5</TD>
    <TD nowrap valign="top">)</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">2003 Equity Incentive Plan, as amended.</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<P align="left" style="font-size: 10pt">(1)&nbsp;Previously filed as an Exhibit to our Current Report on Form 8-K, filed with the SEC on June
29, 1998, and incorporated herein by reference.


<P align="left" style="font-size: 10pt">(2)&nbsp;Previously filed as an Exhibit to our Current Report on Form 8-K, filed with the SEC on June
18, 1999, and incorporated herein by reference.


<P align="left" style="font-size: 10pt">(3)&nbsp;Previously filed as an Exhibit to our Quarterly Report on Form 10-Q for the quarter ended June
30, 2001, filed with the SEC on August&nbsp;14, 2001, and incorporated herein by reference.


<P align="left" style="font-size: 10pt">(4)&nbsp;Previously filed as an Exhibit to our Annual Report on Form 10-K for the fiscal year ended
March&nbsp;31, 2002, filed with the SEC on June&nbsp;28, 2002, and incorporated herein by reference.


<P align="left" style="font-size: 10pt">(5)&nbsp;Previously filed as Exhibit&nbsp;99.1 to our Current Report on Form 8-K, filed with the SEC on
September&nbsp;27, 2004, and incorporated herein by reference.



<P align="center" style="font-size: 10pt">II-2
</DIV>

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<P><HR noshade><P>
<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">



<!-- link2 "Item&nbsp;9. UNDERTAKINGS" -->
<DIV align="left"><A NAME="007"></A></DIV>

<P align="left" style="font-size: 10pt"><B>Item&nbsp;9. UNDERTAKINGS</B>

<P align="left" style="font-size: 10pt"><B>(a) </B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The undersigned Registrant hereby undertakes:



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(1)&nbsp;</B>To file, during any period in which offers or sales are being made, a post-effective
amendment to this registration statement:



<P align="left" style="margin-left:6%; font-size: 10pt"><B>(i) </B>To include any prospectus required by section 10(a)(3) of the Securities
Act of 1933, as amended (the &#147;Act&#148;);



<P align="left" style="margin-left:6%; font-size: 10pt"><B>(ii) </B>To reflect in the prospectus any facts or events arising after the
effective date of the registration statement (or the most recent post-effective
amendment thereof) which, individually or in the aggregate, represent a
fundamental change in the information set forth in the registration statement.
Notwithstanding the foregoing, any increase or decrease in volume of securities
offered (if the total dollar value of securities offered would not exceed that
which was registered) and any deviation from the low or high end of the
estimated maximum offering range may be reflected in the form of prospectus
filed with the SEC pursuant to Rule 424(b) if, in the aggregate, the changes in
volume and price represent no more than a 20% change in the maximum aggregate
offering price set forth in the &#147;Calculation of Registration Fee&#148; table in the
effective registration statement;



<P align="left" style="margin-left:6%; font-size: 10pt"><B>(iii) </B>To include any material information with respect to the plan of
distribution not previously disclosed in the registration statement or any
material change to such information in the registration statement;

<P align="left" style="font-size: 10pt"><I>provided, however, </I>that paragraphs (a)(1)(i) and (a)(1)(ii) of this section do not apply if
the information required to be included in a post-effective amendment by those paragraphs is
contained in periodic reports filed with or furnished to the SEC by the registrant pursuant to
Section&nbsp;13 or 15(d) of the Exchange Act that are incorporated by reference herein.



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(2)&nbsp;</B>That, for the purpose of determining any liability under the Act, each such
post-effective amendment shall be deemed to be a new registration statement relating to the
securities offered therein, and the offering of such securities at that time shall be deemed to be
the initial <I>bona fide </I>offering thereof.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>(3)&nbsp;</B>To remove from registration by means of a post-effective amendment any of the securities
being registered which remain unsold at the termination of the offering.

<P align="left" style="font-size: 10pt"><B>(b) </B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The undersigned Registrant hereby undertakes that, for purposes of determining any
liability under the Act, each filing of the Registrant&#146;s annual report pursuant to Section 13(a) or
15(d) of the Exchange Act (and, where applicable, each filing of an employee benefit plan&#146;s annual
report pursuant to Section 15(d) of the Exchange Act) that is incorporated by reference in the
registration statement shall be deemed to be a new registration statement relating to the
securities offered therein, and the offering of such securities at that time shall be deemed to be
the initial <I>bona fide </I>offering thereof.


<P align="left" style="font-size: 10pt"><B>(c) </B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Insofar as indemnification for liabilities arising under the Act may be permitted to
directors, officers and controlling persons of the Registrant pursuant to the foregoing provisions,
or otherwise, the Registrant has been advised that in the opinion of the SEC such indemnification
is against public policy as expressed in the Act and is, therefore, unenforceable. In the event
that a claim for indemnification against such liabilities (other than the payment by the Registrant
of expenses incurred or paid by a director, officer or controlling person of the registrant in the
successful defense of any action, suit or proceeding) is asserted by such director, officer or
controlling person in connection with the securities being registered, the Registrant will, unless
in the opinion of its counsel the matter has been settled by controlling precedent, submit to a
court of appropriate jurisdiction the question whether such indemnification by it is against public
policy as expressed in the Act and will be governed by the final adjudication of such issue.



<P align="center" style="font-size: 10pt">II-3
</DIV>

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<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">



<!-- link1 "SIGNATURES" -->
<DIV align="left"><A NAME="008"></A></DIV>

<P align="center" style="font-size: 10pt"><B>SIGNATURES</B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securities Act of 1933, as amended, the Registrant
certifies that it has reasonable grounds to believe that it meets all of the requirements for
filing on Form S-8 and has duly caused this registration statement to be signed on its behalf by
the undersigned, thereunto duly authorized, in the City of Fremont, County of Alameda, State of
California, on January&nbsp;12, 2005.


<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR>
    <TD width="48%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR>
    <TD valign="top" align="left">&nbsp;</TD>
    <TD colspan="3" align="left"><B>ASYST TECHNOLOGIES, INC.</B><BR>
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR>
    <TD align="left">&nbsp;</TD>
    <TD valign="top">By:&nbsp;&nbsp;</TD>
    <TD colspan="2" style="border-bottom: 1px solid #000000" align="left">/s/ Steve Debenham
</TD>
    <TD>&nbsp;</TD>
</TR>
<TR>
    <TD align="left">&nbsp;</TD>
    <TD colspan="3" align="left"><BR>Steve Debenham&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD colspan="3" align="left">Vice President, General Counsel &#038; Secretary&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
</TABLE>

<P align="center" style="font-size: 10pt">II-4
</DIV>

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<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>


<DIV style="font-family: 'Times New Roman',Times,serif">




<P align="center" style="font-size: 10pt"><B>POWER OF ATTORNEY</B>




<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>KNOW ALL PERSONS BY THESE PRESENTS, </B>that each person whose signature appears below constitutes
and appoints Stephen S. Schwartz, Robert J. Nikl and Steve Debenham, and each or any one of them,
his true and lawful attorney-in-fact and agent, with full power of substitution and
re-substitution, for him and in his name, place and stead, in any and all capacities, to sign any
and all amendments (including post-effective amendments) to this registration statement, and to
file the same, with all exhibits thereto, and other documents in connection therewith, with the
Securities and Exchange Commission, granting unto said attorneys-in-fact and agents, and each of
them, full power and authority to do and perform each and every act and thing requisite and
necessary to be done in connection therewith, as fully to all intents and purposes as he might or
could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents, or
any of them, or their or his substitutes or substitute, may lawfully do or cause to be done by
virtue hereof.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securities Act of 1933, as amended, this registration
statement has been signed by the following persons in the capacities and on the dates indicated.

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="30%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="40%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="20%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="center"><B>Signature</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center"><B>Title</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center"><B>Date</B></TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD align="left" nowrap valign="top">/s/ Stephen S. Schwartz
<HR size="1" noshade color="#000000">
Stephen S. Schwartz</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">
Chairman of the Board,
President and Chief
Executive Officer
(<I>Principal Executive
Officer</I>)
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">January 6, 2005</TD>
</TR>
<TR valign="bottom" style="padding-top: 1em">
    <TD align="left" nowrap valign="top">/s/ Robert J. Nikl
<HR size="1" noshade color="#000000">
Robert J. Nikl</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">
Senior Vice President,
Finance and Chief
Financial Officer
(<I>Principal Financial
Officer</I>)
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">January 11, 2005</TD>
</TR>
<TR valign="bottom" style="padding-top: 1em">
    <TD align="left" nowrap valign="top">/s/ Ellen B. Finnerty
<HR size="1" noshade color="#000000">
Ellen B. Finnerty</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">
Principal Accounting
Manager (<I>Principal
Accounting Officer)</I>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">January 11, 2005</TD>
</TR>
<TR valign="bottom" style="padding-top: 1em">
    <TD align="left" nowrap valign="top">/s/ Stanley Grubel
<HR size="1" noshade color="#000000">
Stanley Grubel</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">
Director
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">January 11, 2005</TD>
</TR>

<TR valign="bottom" style="padding-top: 1em">
    <TD align="left" nowrap valign="top">/s/ Tsuyoshi Kawanishi
<HR size="1" noshade color="#000000">
Tsuyoshi Kawanishi</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">
Director</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">January 11, 2005</TD>
</TR>

<TR valign="bottom" style="padding-top: 1em">
    <TD align="left" nowrap valign="top">/s/ Robert A. McNamara
<HR size="1" noshade color="#000000">
Robert A. McNamara</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">
Director
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">January 11, 2005</TD>
</TR>
<TR valign="bottom" style="padding-top: 1em">
    <TD align="left" nowrap valign="top">/s/ Anthony E. Santelli
<HR size="1" noshade color="#000000">
Anthony E. Santelli</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">
Director
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">January 11, 2005</TD>
</TR>

<TR valign="bottom" style="padding-top: 1em">
    <TD align="left" nowrap valign="top">&nbsp;
<HR size="1" noshade color="#000000">
William Simon</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">
Director
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"></TD>
</TR>

<TR valign="bottom" style="padding-top: 1em">
    <TD align="left" nowrap valign="top">/s/ Walter W. Wilson
<HR size="1" noshade color="#000000">
Walter W. Wilson</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">
Director
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">January &nbsp;11, 2005</TD>
</TR>

<!-- End Table Body -->
</TABLE>
</DIV>



<P align="center" style="font-size: 10pt">II-5
</DIV>

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<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">



<!-- link1 "EXHIBIT INDEX" -->
<DIV align="left"><A NAME="009"></A></DIV>

<P align="center" style="font-size: 10pt"><B>EXHIBIT INDEX</B>


<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="90%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="center" colspan="5"><B>Exhibit</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="center" colspan="5"><B>Number</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center"><B>Description of Document</B></TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top" colspan="3" align="right"><DIV style="margin-left:0px; text-indent:-0px">4.1
</DIV></TD>
    <TD align="right" valign="top">(1</TD>
    <TD nowrap valign="top">)</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Rights Agreement between the Company and Bank of Boston, N.A., as Rights Agent, dated June&nbsp;25, 1998.</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD colspan="3" align="right" valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.2
</DIV></TD>
    <TD align="right" valign="top">(2</TD>
    <TD nowrap valign="top">)</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Common Stock Purchase Agreement, dated as of May&nbsp;26, 1999.</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD colspan="3" align="right" valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.3
</DIV></TD>
    <TD align="right" valign="top">(3</TD>
    <TD nowrap valign="top">)</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Indenture dated as of July&nbsp;3, 2001 between the Company and State Street Bank and Trust Company of
California, N.A., as trustee, including therein the forms of the notes.</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD colspan="3" align="right" valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.4
</DIV></TD>
    <TD align="right" valign="top">(3</TD>
    <TD nowrap valign="top">)</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Registration Rights Agreement dated as of July&nbsp;3, 2001 between the Company and State Street Bank
and Trust Company of California, N.A.</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD colspan="3" align="right" valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.5
</DIV></TD>
    <TD align="right" valign="top">(4</TD>
    <TD nowrap valign="top">)</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Amendment to Rights Agreement between the Company and Bank of Boston, N.A. as rights agent, dated
November&nbsp;30, 2001.</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD colspan="3" align="right" valign="top"><DIV style="margin-left:0px; text-indent:-0px">5.1
</DIV></TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Opinion of Baker &#038; McKenzie LLP.</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD colspan="3" align="right" valign="top"><DIV style="margin-left:0px; text-indent:-0px">23.1
</DIV></TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Consent of Independent Registered Public Accounting Firm</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD colspan="3" align="right" valign="top"><DIV style="margin-left:0px; text-indent:-0px">23.2
</DIV></TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Consent of Baker &#038; McKenzie LLP is contained in Exhibit&nbsp;5.1 to this registration statement.</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD colspan="3" align="right" valign="top"><DIV style="margin-left:0px; text-indent:-0px">24.1
</DIV></TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Power of Attorney is contained on the signature pages.</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD colspan="3" align="right" valign="top"><DIV style="margin-left:0px; text-indent:-0px">99.1
</DIV></TD>
    <TD align="right" valign="top">(5</TD>
    <TD nowrap valign="top">)</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">2003 Equity Incentive Plan, as amended.</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<P align="left" style="font-size: 10pt">(1)&nbsp;Previously filed as an Exhibit to our Current Report on Form 8-K, filed with the SEC on June
29, 1998, and incorporated herein by reference.


<P align="left" style="font-size: 10pt">(2)&nbsp;Previously filed as an Exhibit to our Current Report on Form 8-K, filed with the SEC on June
18, 1999, and incorporated herein by reference.


<P align="left" style="font-size: 10pt">(3)&nbsp;Previously filed as an Exhibit to our Quarterly Report on Form 10-Q for the quarter ended June
30, 2001, filed with the SEC on August&nbsp;14, 2001, and incorporated herein by reference.


<P align="left" style="font-size: 10pt">(4)&nbsp;Previously filed as an Exhibit to our Annual Report on Form 10-K for the fiscal year ended
March&nbsp;31, 2002, filed with the SEC on June&nbsp;28, 2002, and incorporated herein by reference.


<P align="left" style="font-size: 10pt">(5)&nbsp;Previously filed as Exhibit&nbsp;99.1 to our Current Report on Form 8-K, filed with the SEC on
September&nbsp;27, 2004, and incorporated herein by reference.



<P align="center" style="font-size: 10pt">II-6
</DIV>

</BODY>
</HTML>
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sv8
Table of Contents
As filed with the Securities and Exchange Commission on January 12, 2005
Registration No. 333-________
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM S-8
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933
ASYST TECHNOLOGIES, INC.
(Exact name of Registrant, as specified in its charter)
California
48761 Kato Road
94-2942251
(State of Incorporation)
Fremont, CA 94538
(I.R.S. Employer Identification
(510) 661-5000
No.)
(Address and telephone number of principal executive offices)
2003 EQUITY INCENTIVE PLAN
(Full title of the Plan)
Stephen S. Schwartz
Chairman, President and Chief Executive Officer
Asyst Technologies, Inc.
48761 Kato Road
Fremont, CA 94538
(510) 661-5000
(Name, address and telephone number of agent for service)
CALCULATION OF REGISTRATION FEE
Proposed
Maximum
Proposed Maximum
Title of Securities to be
Amount to be
Offering Price
Aggregate Offering
Amount of
Registered
Registered (1)
Per Share (2)
Price (2)
Registration Fee
Common Stock (no
par value) reserved
for future issuance
pursuant
to the
2003 Equity
Incentive Plan (3)
(4)
900,000 shares
$
4.635
$
4,171,500.00
$
490.99
(1)
Pursuant to Rule 416(a), this registration statement shall also cover
any additional shares of the Registrant's common stock which become
issuable under the plan set forth herein by reason of any stock
dividend, stock split, recapitalization or any other similar
transaction effected without receipt of consideration which results in
an increase in the number of outstanding shares of the Registrant's
common stock.
(2)
Estimated solely for the purpose of calculating the amount of the
registration fee pursuant to Rule 457(c) and (h)(1) under the
Securities Act of 1933, as amended (the "Act"). The offering price per
share and aggregate offering price are based upon the average of the
high and low prices of the Registrant's common stock as reported on
the Nasdaq National Market System on January 7, 2005.
(3)
These shares represent additional shares reserved under an amendment
to the 2003 Equity Incentive Plan approved by the Registrant's
shareholders at the Registrant's annual meeting held on September 21,
2004. The initial 1,000,000 shares reserved under this plan in 2003
were registered on Form S-8 filed with the SEC on October 3, 2003
(Registration No. 333-109432).
(4)
Each share of common stock includes Preferred Stock Purchase Rights
that, prior to the occurrence of certain events, will not be
exercisable or evidenced separately from the common stock.
TABLE OF CONTENTS
PART II
Item 3. INCORPORATION OF DOCUMENTS BY REFERENCE
Item 4. DESCRIPTION OF SECURITIES
Item 5. INTEREST OF NAMED EXPERTS AND COUNSEL
Item 6. INDEMNIFICATION OF DIRECTORS AND OFFICERS
Item 7. EXEMPTION FROM REGISTRATION CLAIMED
Item 8. EXHIBITS
Item 9. UNDERTAKINGS
SIGNATURES
EXHIBIT INDEX
EXHIBIT 5.1
EXHIBIT 23.1
Table of Contents
PART II
Item 3. INCORPORATION OF DOCUMENTS BY REFERENCE
The contents of the following documents filed by Asyst Technologies, Inc. ("Asyst", or the
"Company") with the Securities and Exchange Commission (the "SEC") are incorporated by reference
into this registration statement:
(a) The Company's Annual Report on Form 10-K for the fiscal year ended March 27, 2004, filed
with the SEC on June 10, 2004, including all material incorporated by reference therein;
(b) The Company's Quarterly Report on Form 10-Q for the quarter ended June 26, 2004, filed
with the SEC on August 5, 2004 (which shall not be relied upon and is superseded by the Form
10-Q/A listed in (c) below);
(c) The Company's Amendment No. 1 to its Quarterly Report on Form 10-Q/A for the quarter
ended June 26, 2004, filed with the SEC on December 30, 2004;
(d) The Company's Quarterly Report on Form 10-Q for the quarter ended September 25, 2004,
filed with the SEC on December 30, 2004;
(e) All other reports filed pursuant to Section 13(a) or 15(d) of the Securities Exchange
Act of 1934, as amended (the "Exchange Act") since the end of the fiscal year covered by the
Registrant's latest Annual Report referred to in (a) above (and provided that any portions
of such reports that are deemed furnished and not filed pursuant to the instructions to Form
8-K shall not be incorporated by reference into this registration statement);
(f) The description of the Company's common stock set forth in its Registration Statement on
Form 8-A, filed with the SEC on February 21, 1995, including any amendment or report filed
for the purpose of updating such description.
All reports and other documents subsequently filed by the Company pursuant to Sections 13(a),
13(c), 14 and 15(d) of the Exchange Act prior to the filing of a post-effective amendment which
indicates that all securities offered have been sold or which deregisters all securities then
remaining unsold, shall be deemed to be incorporated by reference herein and to be a part of this
registration statement from the date of the filing of such reports and documents.
Item 4. DESCRIPTION OF SECURITIES
Not applicable.
Item 5. INTEREST OF NAMED EXPERTS AND COUNSEL
Not applicable.
Item 6. INDEMNIFICATION OF DIRECTORS AND OFFICERS
Asyst's Bylaws provide that it will indemnify its directors to the fullest extent not
prohibited by California law and its officers, employees and other agents as set forth in the
California law. Asyst is also empowered under its Articles of Incorporation and Bylaws to enter
into indemnification contracts with its directors, officers, employees and agents to the fullest
extent permitted by California law and to purchase insurance on behalf of any person whom it is
required or permitted to indemnify. Pursuant to this provision, Asyst has entered into indemnity
agreements with directors and officers, and currently maintains directors' and officers' liability
insurance.
In addition, Asyst's Articles of Incorporation provide that, to the fullest extent permitted
by California law, Asyst's directors will not be liable for monetary damages. This provision in the
Articles of Incorporation does not eliminate the duty of care, and in appropriate circumstances,
equitable remedies such as an injunction or other forms
II-1
Table of Contents
of non-monetary relief would remain available under California law. Each director will continue to
be subject to liability for breach of the director's duty of loyalty to Asyst, for acts or
omissions not in good faith or involving intentional misconduct or knowing and culpable violations
of law, that the director believes to be contrary to the best interests of Asyst or its
shareholders, involving a reckless disregard for the director's duty to Asyst or its shareholders
when the director was aware, in the ordinary course of performing required duties, or should have
been aware, of a risk of serious injury to Asyst or its shareholders, or an unexcused pattern of
inattention that amounts to an abdication of the director's duty to Asyst or its shareholders, for
improper transactions between the director and Asyst and for improper distributions to shareholders
and loans to directors and officers or for acts or omissions by the director as an officer. This
provision also does not affect a director's responsibilities under any other laws, such as the
federal securities laws or state or federal environmental laws.
Item 7. EXEMPTION FROM REGISTRATION CLAIMED
Not applicable.
Item 8. EXHIBITS
Exhibit
Number
Description of Document
4.1
(1
)
Rights Agreement between the Company and Bank of Boston, N.A., as Rights Agent, dated June
25, 1998.
4.2
(2
)
Common Stock Purchase Agreement, dated as of May 26, 1999.
4.3
(3
)
Indenture dated as of July 3, 2001 between the Company and State Street Bank and Trust
Company of California, N.A., as trustee, including therein the forms of the notes.
4.4
(3
)
Registration Rights Agreement dated as of July 3, 2001 between the Company and State
Street Bank and Trust Company of California, N.A.
4.5
(4
)
Amendment to Rights Agreement between the Company and Bank of Boston, N.A. as rights agent,
dated November 30, 2001.
5.1
Opinion of Baker & McKenzie LLP.
23.1
Consent of Independent Registered Public Accounting Firm
23.2
Consent of Baker & McKenzie LLP is contained in Exhibit 5.1 to this registration statement.
24.1
Power of Attorney is contained on the signature pages.
99.1
(5
)
2003 Equity Incentive Plan, as amended.
(1) Previously filed as an Exhibit to our Current Report on Form 8-K, filed with the SEC on June
29, 1998, and incorporated herein by reference.
(2) Previously filed as an Exhibit to our Current Report on Form 8-K, filed with the SEC on June
18, 1999, and incorporated herein by reference.
(3) Previously filed as an Exhibit to our Quarterly Report on Form 10-Q for the quarter ended June
30, 2001, filed with the SEC on August 14, 2001, and incorporated herein by reference.
(4) Previously filed as an Exhibit to our Annual Report on Form 10-K for the fiscal year ended
March 31, 2002, filed with the SEC on June 28, 2002, and incorporated herein by reference.
(5) Previously filed as Exhibit 99.1 to our Current Report on Form 8-K, filed with the SEC on
September 27, 2004, and incorporated herein by reference.
II-2
Table of Contents
Item 9. UNDERTAKINGS
(a)
The undersigned Registrant hereby undertakes:
(1)
To file, during any period in which offers or sales are being made, a post-effective
amendment to this registration statement:
(i)
To include any prospectus required by section 10(a)(3) of the Securities
Act of 1933, as amended (the "Act");
(ii)
To reflect in the prospectus any facts or events arising after the
effective date of the registration statement (or the most recent post-effective
amendment thereof) which, individually or in the aggregate, represent a
fundamental change in the information set forth in the registration statement.
Notwithstanding the foregoing, any increase or decrease in volume of securities
offered (if the total dollar value of securities offered would not exceed that
which was registered) and any deviation from the low or high end of the
estimated maximum offering range may be reflected in the form of prospectus
filed with the SEC pursuant to Rule 424(b) if, in the aggregate, the changes in
volume and price represent no more than a 20% change in the maximum aggregate
offering price set forth in the "Calculation of Registration Fee" table in the
effective registration statement;
(iii)
To include any material information with respect to the plan of
distribution not previously disclosed in the registration statement or any
material change to such information in the registration statement;
provided, however,
that paragraphs (a)(1)(i) and (a)(1)(ii) of this section do not apply if
the information required to be included in a post-effective amendment by those paragraphs is
contained in periodic reports filed with or furnished to the SEC by the registrant pursuant to
Section 13 or 15(d) of the Exchange Act that are incorporated by reference herein.
(2)
That, for the purpose of determining any liability under the Act, each such
post-effective amendment shall be deemed to be a new registration statement relating to the
securities offered therein, and the offering of such securities at that time shall be deemed to be
the initial
bona fide
offering thereof.
(3)
To remove from registration by means of a post-effective amendment any of the securities
being registered which remain unsold at the termination of the offering.
(b)
The undersigned Registrant hereby undertakes that, for purposes of determining any
liability under the Act, each filing of the Registrant's annual report pursuant to Section 13(a) or
15(d) of the Exchange Act (and, where applicable, each filing of an employee benefit plan's annual
report pursuant to Section 15(d) of the Exchange Act) that is incorporated by reference in the
registration statement shall be deemed to be a new registration statement relating to the
securities offered therein, and the offering of such securities at that time shall be deemed to be
the initial
bona fide
offering thereof.
(c)
Insofar as indemnification for liabilities arising under the Act may be permitted to
directors, officers and controlling persons of the Registrant pursuant to the foregoing provisions,
or otherwise, the Registrant has been advised that in the opinion of the SEC such indemnification
is against public policy as expressed in the Act and is, therefore, unenforceable. In the event
that a claim for indemnification against such liabilities (other than the payment by the Registrant
of expenses incurred or paid by a director, officer or controlling person of the registrant in the
successful defense of any action, suit or proceeding) is asserted by such director, officer or
controlling person in connection with the securities being registered, the Registrant will, unless
in the opinion of its counsel the matter has been settled by controlling precedent, submit to a
court of appropriate jurisdiction the question whether such indemnification by it is against public
policy as expressed in the Act and will be governed by the final adjudication of such issue.
II-3
Table of Contents
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, as amended, the Registrant
certifies that it has reasonable grounds to believe that it meets all of the requirements for
filing on Form S-8 and has duly caused this registration statement to be signed on its behalf by
the undersigned, thereunto duly authorized, in the City of Fremont, County of Alameda, State of
California, on January 12, 2005.
ASYST TECHNOLOGIES, INC.
By:
/s/ Steve Debenham
Steve Debenham
Vice President, General Counsel & Secretary
II-4
Table of Contents
POWER OF ATTORNEY
KNOW ALL PERSONS BY THESE PRESENTS,
that each person whose signature appears below constitutes
and appoints Stephen S. Schwartz, Robert J. Nikl and Steve Debenham, and each or any one of them,
his true and lawful attorney-in-fact and agent, with full power of substitution and
re-substitution, for him and in his name, place and stead, in any and all capacities, to sign any
and all amendments (including post-effective amendments) to this registration statement, and to
file the same, with all exhibits thereto, and other documents in connection therewith, with the
Securities and Exchange Commission, granting unto said attorneys-in-fact and agents, and each of
them, full power and authority to do and perform each and every act and thing requisite and
necessary to be done in connection therewith, as fully to all intents and purposes as he might or
could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents, or
any of them, or their or his substitutes or substitute, may lawfully do or cause to be done by
virtue hereof.
Pursuant to the requirements of the Securities Act of 1933, as amended, this registration
statement has been signed by the following persons in the capacities and on the dates indicated.
Signature
Title
Date
/s/ Stephen S. Schwartz
Stephen S. Schwartz
Chairman of the Board,
President and Chief
Executive Officer
(
Principal Executive
Officer
)
January 6, 2005
/s/ Robert J. Nikl
Robert J. Nikl
Senior Vice President,
Finance and Chief
Financial Officer
(
Principal Financial
Officer
)
January 11, 2005
/s/ Ellen B. Finnerty
Ellen B. Finnerty
Principal Accounting
Manager (
Principal
Accounting Officer)
January 11, 2005
/s/ Stanley Grubel
Stanley Grubel
Director
January 11, 2005
/s/ Tsuyoshi Kawanishi
Tsuyoshi Kawanishi
Director
January 11, 2005
/s/ Robert A. McNamara
Robert A. McNamara
Director
January 11, 2005
/s/ Anthony E. Santelli
Anthony E. Santelli
Director
January 11, 2005
William Simon
Director
/s/ Walter W. Wilson
Walter W. Wilson
Director
January  11, 2005
II-5
Table of Contents
EXHIBIT INDEX
Exhibit
Number
Description of Document
4.1
(1
)
Rights Agreement between the Company and Bank of Boston, N.A., as Rights Agent, dated June 25, 1998.
4.2
(2
)
Common Stock Purchase Agreement, dated as of May 26, 1999.
4.3
(3
)
Indenture dated as of July 3, 2001 between the Company and State Street Bank and Trust Company of
California, N.A., as trustee, including therein the forms of the notes.
4.4
(3
)
Registration Rights Agreement dated as of July 3, 2001 between the Company and State Street Bank
and Trust Company of California, N.A.
4.5
(4
)
Amendment to Rights Agreement between the Company and Bank of Boston, N.A. as rights agent, dated
November 30, 2001.
5.1
Opinion of Baker & McKenzie LLP.
23.1
Consent of Independent Registered Public Accounting Firm
23.2
Consent of Baker & McKenzie LLP is contained in Exhibit 5.1 to this registration statement.
24.1
Power of Attorney is contained on the signature pages.
99.1
(5
)
2003 Equity Incentive Plan, as amended.
(1) Previously filed as an Exhibit to our Current Report on Form 8-K, filed with the SEC on June
29, 1998, and incorporated herein by reference.
(2) Previously filed as an Exhibit to our Current Report on Form 8-K, filed with the SEC on June
18, 1999, and incorporated herein by reference.
(3) Previously filed as an Exhibit to our Quarterly Report on Form 10-Q for the quarter ended June
30, 2001, filed with the SEC on August 14, 2001, and incorporated herein by reference.
(4) Previously filed as an Exhibit to our Annual Report on Form 10-K for the fiscal year ended
March 31, 2002, filed with the SEC on June 28, 2002, and incorporated herein by reference.
(5) Previously filed as Exhibit 99.1 to our Current Report on Form 8-K, filed with the SEC on
September 27, 2004, and incorporated herein by reference.
II-6