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Shareholder Activist Group Unsuccessful in Attempt to Take Control of Aetrium Incorporated

Shareholder Activist Group Unsuccessful in Attempt to Take Control of Aetrium
Incorporated

ST. PAUL, Minn., Nov. 27, 2012 (GLOBE NEWSWIRE) -- Aetrium Incorporated
(Nasdaq:ATRM) today announced that no business was conducted at its special
shareholders meeting held on November 26, 2012 due to lack of a quorum. As a
result, the dissident group was unsuccessful in its attempt to take control of
the company and failed to have any of its proposals approved by shareholders.

"We have always believed that an amicable settlement is in the best interests
of our shareholders," said Joseph C. Levesque, Aetrium's president and chief
executive officer. "To that end we have offered the dissident shareholders
multiple opportunities to join our board and work with us to move the company
forward. They have refused all of our offers to resolve the control issues
through negotiation and now seem to indicate that they will pursue litigation
instead. We do not believe the cost and distraction of litigation is in the
best interests of our shareholders. The dissident shareholders have no
industry knowledge, they are unfamiliar with our customers and products, and
they have offered no credible plan to move the company forward. We believe it
is our fiduciary responsibility to our shareholders to resist the dissident
shareholders group in their efforts to take control of the company. All of our
efforts to date have been done with our shareholders best interests in mind
and we will continue in that manner. Our seasoned, experienced and
knowledgeable management team remains committed to the hard work of earning
expanded customer allegiance through our proprietary products meeting
customers' most compelling needs and supported through superior service.
Likewise, we remain dedicated to delivering solid profitability to our
shareholders through cost management and operational excellence as industry
conditions normalize. There is nothing like performance to demonstrate worth,
however, and we will continue to strive to maximize shareholder value. As we
previously stated, and as we believe our shareholders desire, we would welcome
constructive dialogue with the dissident group so that we may amicably resolve
this situation and move forward in the best interests of all Aetrium
shareholders."

Certain matters in this news release are forward-looking statements which are
subject to risks and uncertainties that could cause actual results to differ
materially from those projected. Such risks and uncertainties include, but are
not limited to, adverse domestic or global economic conditions, slowing growth
in the demand for semiconductor devices, the volatility and cyclicality of the
microelectronics industry, changes in the rates of capital expenditures by
semiconductor manufacturers, progress of product development programs,
unanticipated costs associated with the integration or restructuring of
operations, and other risk factors set forth in the Company's SEC filings,
including its Form 10-K for the year ended December 31, 2011 and its Form 10-Q
for the quarter ended September 30, 2012.

Aetrium, based in North St. Paul, Minnesota, is a leading supplier of
proprietary technologies and equipment that are used by the worldwide
semiconductor industry to test ICs. The company's products are used by
customers to advance reliability, improve quality, increase product yield or
improve manufacturing processes. Aetrium's common stock is publicly traded on
the Nasdaq market under the symbol ATRM. More information about Aetrium is
available on the internet at www.Aetrium.com.

The Aetrium Incorporatedlogo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=6943

CONTACT: Doug Hemer
         Aetrium Incorporated
         (651) 773-4274

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