Nasdaq Confirms NationsHealth's Eligibility for Continued Listing on the Nasdaq National Market
June 12 2006 - 5:20PM
PR Newswire (US)
SUNRISE, Fla., June 12 /PRNewswire-FirstCall/ -- NationsHealth,
Inc. (NASDAQ:NHRXNASDAQ:NHRXWNASDAQ:NHRXU) announced today that on
June 9, 2006 it was advised by the Nasdaq Listing Qualifications
Department that the Company had demonstrated compliance with the
continued listing requirements under Marketplace Rule 4450(b) and,
as a result, the staff had closed its review of the Company's
eligibility for continued listing on The Nasdaq National Market.
The Company had previously announced this review on May 30, 2006.
About NationsHealth, Inc. NationsHealth improves the delivery of
healthcare to Medicare and managed care beneficiaries by providing
medical products and prescription related services. NationsHealth
has a strategic alliance with CIGNA to offer their Medicare Part D
prescription drug plans nationally. Prior to launching its Medicare
Part D business, NationsHealth offered free discount prescription
cards, accepted at over 50,000 pharmacies nationwide, to
approximately 2.9 million cardholders. In addition, NationsHealth
provides home delivery of diabetes and ostomy medical products to
102,000 patients. NationsHealth is also the provider of diabetes
supplies to 12,000 Medicare beneficiaries at over 1,100 Kmart
pharmacies. For more information please visit
http://www.nationshealth.com/ . At NationsHealth: At Rx
Communications Group: Timothy Fairbanks, CFO Melody A. Carey
(investors) 954-903-5018 917-322-2571 DATASOURCE: NationsHealth,
Inc. CONTACT: Timothy Fairbanks, CFO of NationsHealth,
+1-954-903-5018; or investors - Melody A. Carey of Rx
Communications Group, +1-917-322-2571 Web site:
http://www.nationshealth.com/
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