iPrint Technologies to Request Hearing On Nasdaq Listing Status
Press release from the issuing company
MENLO PARK, Calif.- June 13, 2001--iPrint Technologies, inc., the leading online printing technology and infrastructure provider, today reported that it received a Nasdaq Staff Determination on June 8, 2001, indicating that the company's bid price has not complied with the minimum bid requirement for continued listing, and that its securities are, therefore, subject to delisting from the Nasdaq National Market.
iPrint will request a hearing before the Nasdaq Listing Qualifications Panel to review the Staff Determination. There can be no assurance that the Listing Qualifications Panel will grant the Company's request for continued listing. iPrint's stock will continue to be traded on the Nasdaq National Market pending the final decision by the Listing Qualifications Panel. The hearing date will be determined by Nasdaq.
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