Nasdaq Suspends Trading of Ciprico Securities
July 31 2008 - 4:30PM
Business Wire
Ciprico Inc. (NASDAQ: CPCI) (the �Company�), announced today that
the Company received a letter on July�30, 2008 from the Nasdaq
Stock Market stating that the Nasdaq Listing Qualifications
Hearings Panel (the �Panel�) has determined to delist the Company�s
shares from the Nasdaq Stock Market and will suspend trading of
those shares at the open of business on Friday, August 1, 2008. In
addition to the Company�s previously reported Nasdaq listing
violations, the July�28, 2008 filing for protection under
Chapter�11 of the U.S. Bankruptcy Code served as a basis for
delisting the Company�s securities. The Company does not intend to
incur additional costs to appeal the Panel�s decision. About
Ciprico Ciprico Inc. (NASDAQ: CPCI) is a leading provider of
intelligent storage software, solutions and appliances for
enterprise class IT servers, professional workstations and digital
media workflows. Ciprico is headquartered in Minneapolis, MN. More
information about Ciprico is available at www.ciprico.com.
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