The letter also stated that Saflink can regain compliance with the bid price
requirement if, at any time before June 14, 2006, the bid price
of its common stock closes at or above $1.
In accordance with Nasdaq Marketplace Rule 4450(e)(2), the Company will have until September 11, 2006, to regain compliance with the minimum bid price
2) That DG Systems, on or before June 14, 2006 will have a closing bid price
Under NASDAQ rules, the NASDAQ staff will make a determination promptly after February 21, 2006 as to whether EasyLink is entitled to the additional 180 day grace period to regain compliance with NASDAQ's $1 minimum bid price
DG Systems" or the "Company"), (NASDAQ: DGIT), the leading provider of digital media distribution services to the broadcast and advertising industries, today announced that it has received a staff determination letter from the Nasdaq Stock Market ("Nasdaq") stating that the Company's common stock is subject to delisting from the Nasdaq National Market because the closing bid price
of the Company's common stock is not in compliance with the $1.
00 minimum closing bid requirement set forth in Nasdaq Marketplace Rule 4450(a)(5) (the "Minimum Bid Price
Rule"), and as a result the Company's common stock will be delisted at the opening of business on January 27, 2006 unless the Company requests a hearing in accordance with the Nasdaq Marketplace Rules.