Technical Communications Corporation Reports Nasdaq Notifies Company of Compliance with Nasdaq Listing Rule
19 Dezembro 2019 - 6:30PM
Technical Communications Corporation (NasdaqCM: TCCO) today
announced that on December 18, 2019, Technical Communications
Corporation (the “Company”) received correspondence from the Nasdaq
Listing Qualifications department of the Nasdaq Stock Market
(“Nasdaq”) confirming the Company has regained compliance with The
Nasdaq Stock Market listing rule 5550 by the filing of Form 10-K
for the fiscal year ended September 28, 2019, which reported over
$500,000 in net income from continuing operations, as required by
the Hearings Panel’s decision of October 14, 2019.
About Technical Communications
CorporationFor over 50 years, TCC has specialized in
superior-grade secure communications systems and customized
solutions, supporting our CipherONE® best-in-class criteria,
to protect highly sensitive voice, data and video transmitted over
a wide range of networks. Government entities, military agencies
and corporate enterprises in 115 countries have selected TCC's
proven security to protect their communications. Learn
more: www.tccsecure.com.
Statements made in this press release or as may
otherwise be incorporated by reference herein constitute
"forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995. Forward-looking
statements include but are not limited to statements regarding
anticipated operating results, future earnings, and the ability to
achieve growth and profitability. Such forward-looking statements
involve known and unknown risks, uncertainties and other factors,
including but not limited to the effect of foreign political
unrest; domestic and foreign government policies and economic
conditions; future changes in export laws or regulations; changes
in technology; the ability to hire, retain and motivate technical,
management and sales personnel; the risks associated with the
technical feasibility and market acceptance of new products;
changes in telecommunications protocols; the effects of changing
costs, exchange rates and interest rates; and the Company's ability
to secure adequate capital resources. Such risks, uncertainties and
other factors could cause the actual results, performance or
achievements of the Company, or industry results, to be materially
different from any future results, performance or achievements
expressed or implied by such forward-looking statements. For a more
detailed discussion of the risks facing the Company, see the
Company’s filings with the Securities and Exchange Commission,
including its Annual Report on Form 10-K for the fiscal year ended
September 28, 2019 and the “Risk Factors” section included
therein.
Michael P. MaloneChief Financial Officer(978)
287-5100www.tccsecure.com
Technical Communications (NASDAQ:TCCO)
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