Irvine Sensors Regains Nasdaq Listing Compliance
15 Setembro 2008 - 10:49AM
PR Newswire (US)
Bid Price Standard Satisfied COSTA MESA, Calif., Sept. 15
/PRNewswire-FirstCall/ -- Irvine Sensors Corporation (NASDAQ:IRSND)
today announced that it received a notice from The Nasdaq Stock
Market that the Company has evidenced compliance with a Nasdaq
Hearings Panel's action dated August 25, 2008, in which the Company
was granted an extension to regain compliance with Nasdaq's $1.00
per share minimum closing bid price continued listing requirement
set forth in Nasdaq Marketplace Rule 4450(a)(5). The Company's
common stock has closed above the $1.00 minimum bid price for at
least 10 consecutive trading days. Accordingly, the Hearing Panel
has determined to continue the listing of Irvine Sensors' common
stock on The Nasdaq Stock Market. Irvine Sensors Corporation
(http://www.irvine-sensors.com/), headquartered in Costa Mesa,
California, is a vision systems company engaged in the development
and sale of miniaturized infrared and electro-optical cameras,
image processors and stacked chip assemblies, the manufacture and
sale of optical systems and equipment for military applications
through its Optex subsidiary and research and development related
to high density electronics, miniaturized sensors, optical
interconnection technology, high speed network security, image
processing and low-power analog and mixed-signal integrated
circuits for diverse systems applications. DATASOURCE: Irvine
Sensors Corporation CONTACT: Investor Relations of Irvine Sensors
Corporation, +1-714-444-8718, Web site:
http://www.irvine-sensors.com/
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