Thursday, March 3, 2005

VocalTec Receives NASDAQ Notification

VocalTec received a notice from the Nasdaq Stock Market of its non compliance with the $10 million minimum stockholders' equity requirement for continued listing on the Nasdaq National Market. In response, VocalTec has submitted to Nasdaq a plan to achieve and sustain compliance with all Nasdaq National Market listing requirements, including the minimum stockholders' equity standard. If Nasdaq does not accept the plan, it may issue a delisting notice and in such event the company will consider other alternatives, including listing on the Nasdaq Small Cap Market.


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