Speedus Announces Compliance with Nasdaq Rule
17 Diciembre 2007 - 2:56PM
PR Newswire (US)
NEW YORK, Dec. 17 /PRNewswire-FirstCall/ -- Speedus Corp.
(NASDAQ:SPDED) today announced that it has received notice from the
Nasdaq Stock Market informing the Company that it has regained
compliance with Marketplace Rule 4310(c)(4), which requires listed
companies to maintain a closing bid price equal to or greater than
$1.00. Since the closing bid price of the Company's Common Stock
has recently been in excess of $1.00 per share for at least ten
consecutive trading days, Nasdaq has informed the Company that it
has regained compliance with this Marketplace Rule and the matter
is closed. About Speedus Corp. Additional information on Speedus
Corp. may be obtained at http://www.speedus.com/ or by contacting
Peter Hodge at 888-773-3669 (ext. 23) or . Statements contained
herein that are not historical facts, including but not limited to
statements about the Company's product, corporate identity and
focus, may be forward-looking statements that are subject to a
variety of risks and uncertainties. There are a number of important
factors that could cause actual results to differ materially from
those expressed in any forward- looking statements made by the
Company, including, but not limited to, the continuing development
of the Company's sales, marketing and support efforts. DATASOURCE:
Speedus Corp. CONTACT: Peter Hodge, of Speedus Corp.,
+1-888-773-3669 Ext. 23, or Web site: http://www.speedus.com/
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