SANTA CLARA, Calif., Jan 26 /PRNewswire-FirstCall/ -- Integrated Silicon Solution, Inc. (NASDAQ:ISSI) today reported that the Nasdaq Listing and Hearing Review Council ("Listing Council") notified the Company that, pursuant to its discretionary authority, the Listing Council has called for review the December 7, 2006 decision of the Nasdaq Listing Qualifications Panel ("Panel") and stayed any determinations to suspend the Company's securities from trading pending further action by the Listing Council. As ISSI reported previously, on December 7, 2006, the Panel notified the Company that it will remain listed on Nasdaq subject to the filing by February 13, 2007 of all required restatements and delinquent periodic reports, communication with the Panel about the results of the independent committee's investigation, and compliance with all other requirements for continued listing on the Nasdaq Stock Market. The Company may now submit additional information to the Listing Council by March 2, 2007. The Listing Council will review the Panel's decision on the written record. There can be no assurance that the Listing Council will determine that the Company should remain listed on Nasdaq. About the Company ISSI is a fabless semiconductor company that designs and markets high performance integrated circuits for the following key markets: (i) digital consumer electronics, (ii) networking, (iii) mobile communications and (iv) automotive electronics. The Company's primary products are high speed and low power SRAM and low and medium density DRAM. The Company also designs and markets EEPROM, SmartCards and is developing selected non-memory products focused on its key markets. ISSI is headquartered in Silicon Valley with worldwide offices in China, Europe, Hong Kong, India, Korea and Taiwan. Visit our web site at http://www.issi.com/ . DATASOURCE: Integrated Silicon Solution, Inc. CONTACT: Scott Howarth, Vice-President & CFO, Investor Relations of ISSI, +1-408-969-4686, or Web site: http://www.issi.com/

Copyright

(MM) (NASDAQ:ISSI)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more (MM) Charts.
(MM) (NASDAQ:ISSI)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more (MM) Charts.