Trinsic, Inc. (NASDAQ/SC: TRNCD), parent company of Trinsic Communications, Inc., a leading provider of traditional and IP telephony services, announced today that it has received notice from The Nasdaq Stock Market Inc. that it has regained compliance with Marketplace Rule 4310(c)(4), relating to the maintenance of a minimum $1.00 bid price. Trinsic regained compliance because the closing bid price of its common stock was at $1.00 or more for at least ten consecutive business days. Trinsic effected a one-for-ten reverse stock split on September 29, 2005. Trinsic's common stock continues to be listed on The Nasdaq SmallCap Market via a temporary exception from Nasdaq's shareholders' minimum equity/$35 million market value of listed securities/net income requirement subject to the condition that Trinsic's Form 10-Q for the quarter ended September 30, 2005 must report actual stockholders' equity at September 30, 2005 of at least $2,500,000. Trinsic's shares trade under the symbol "TRNCD." The "D" is a temporary indicator of the reverse stock split. The "C" will be removed from the symbol if Trinsic meets all the terms of the exception and all other criteria for continued listing. After that the symbol would return to "TRIN." About Trinsic Trinsic offers consumers and businesses traditional and IP telephony services. Trinsic's products include proprietary services such as Web-accessible, voice-activated calling and messaging features that are designed to meet customers' communications needs intelligently and intuitively. Trinsic is a member of the Cisco Powered Network Program and makes its services available on a wholesale basis to other communications and utility companies, including Sprint. Trinsic, Inc. changed its name from Z-Tel Technologies, Inc. on January 3, 2005. For more information about Trinsic and its innovative services, please visit www.trinsic.com.
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