St. Louis--(BUSINESS WIRE)--Viasystems Group, Inc. announced preliminary consolidated financial results for the fourth quarter ended December 31, 2009. Viasystems expects to become publicly traded on the NASDAQ market in the coming weeks, pending its successful merger with Merix Corporation.

 

Fourth-Quarter Highlights, Preliminary:

“Viasystems, like Merix and the rest of our industry, experienced broad-based improvement in sales and bookings,” said David Sindelar, CEO of Viasystems, “and our strong Adjusted EBITDA performance in the fourth quarter is evidence of our successful efforts to align our cost structure with demand.

 

“Upon the successful completion of the merger with Merix,” Sindelar continued, “Viasystems will list its shares on the NASDAQ. Although a group of current Viasystems shareholders will own a majority of the combined company, we expect that we will adopt all the governance and reporting standards applicable to widely held public companies under the NASDAQ Listing Standards, including maintaining a board of directors composed of a majority of independent directors and the establishment of independent audit, compensation and nominating committees.”

 

Viasystems expects to publish its fourth quarter and full-year 2009 financial results and hold an investor conference call and webcast later this quarter.

 

For more information, visit www.viasystems.com.