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iPrint Technologies Receives Extension From Nasdaq

Friday, September 07, 2001

Press release from the issuing company

MENLO PARK, Calif.-Sept. 6, 2001--iPrint Technologies, inc., the leading online printing technology and infrastructure provider, today announced that on August 24, 2001, the company was notified by Nasdaq that iPrint has received an extension to clear minimum bid requirements. iPrint also received notice from Nasdaq that the company's proposed merger with Wood Associates would not trigger a reverse merger opinion, a decision which could have also resulted in delisting. The extension to clear the $1 minimum bid per share listing criterion allows iPrint to retain its listing status on the Nasdaq National Market exchange until October 31st while it files and disseminates required registration documentation with the SEC that reviews the details of its upcoming merger with Wood. This documentation, discussing important details of Nasdaq's decision, was filed with the SEC on Tuesday, September 4, 2001.




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