Interactive Intelligence Regains Compliance with Nasdaq Continued Listing Requirements
December 02 2003 - 2:39PM
PR Newswire (US)
Interactive Intelligence Regains Compliance with Nasdaq Continued
Listing Requirements INDIANAPOLIS, Dec. 2 /PRNewswire-FirstCall/ --
Interactive Intelligence Inc. , a global developer of software for
IP telephony, contact center automation and unified communications,
was notified Dec. 1 by the Nasdaq Listing Qualifications Section
that it had demonstrated compliance with the minimum market
capitalization requirement for continued listing on the Nasdaq
National Market. (Logo:
http://www.newscom.com/cgi-bin/prnh/19990914/IILOGO ) Nasdaq
requires companies listed on its National Market to maintain the
aggregate market value of their listed securities at or above $50
million. Interactive Intelligence regained compliance based on the
market value of its common stock, which exceeded $50 million for
the ten consecutive trading days ended Nov. 19. The aggregate
market value of the company's common stock, based on the closing
bid price on Dec. 1, was $94 million. About Interactive
Intelligence Inc. Interactive Intelligence Inc. (NASDAQ:ININ) is a
global developer of software for IP telephony, contact center
automation and unified communications. The company was founded in
1994 and has more than 1,000 customers worldwide. Awards include
Software Magazine's 2002 Top 500 Global Software and Services
Companies, the Deloitte & Touche 2002 Technology Fast 500,
Network Computing Magazine's 2003 Editor's Choice, and Internet
Telephony Magazine's 2003 Editor's Choice. Interactive Intelligence
employs approximately 350 people and is headquartered in
Indianapolis, Ind. The company has 12 offices throughout North
America, Europe and Asia. Its telephone number is +1 317.872.3000;
on the Web: http://www.inin.com/ . This release contains certain
forward-looking statements that involve a number of risks and
uncertainties. Among the factors that could cause actual results to
differ materially are the following: rapid technological changes in
the industry, volatility in the market price of the company's
common stock; the company's ability to achieve profitability, to
manage successfully its growth and increasingly complex third party
relationships, to maintain successful relationships with its
current and any new resellers, to maintain and improve its current
products and to develop new products and to protect its proprietary
rights adequately; and other factors described in the company's SEC
filings, including the company's latest annual report on Form 10-K
and its quarterly reports on Form 10-Q. Interactive Intelligence
Inc. is the owner of the marks INTERACTIVE INTELLIGENCE, its
associated LOGO and numerous other marks. All other trademarks
mentioned in this document are the property of their respective
owners. Contacts: Stephen R. Head Chief Financial Officer
Interactive Intelligence Inc. +1 317.715.8412 Christine Holley
Director, Market Communications Interactive Intelligence Inc. +1
317.715.8220 http://www.newscom.com/cgi-bin/prnh/19990914/IILOGO
http://photoarchive.ap.org/ DATASOURCE: Interactive Intelligence
Inc. CONTACT: Stephen R. Head, Chief Financial Officer,
+1-317-715-8412, or , or Christine Holley, Director, Market
Communications, +1-317-715-8220, or , both of Interactive
Intelligence Inc. Web site: http://www.inin.com/
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