Focus Enhancements' NASDAQ Listing Continues
February 13 2008 - 6:30AM
Business Wire
Focus Enhancements, Inc. (NASDAQ:FCSE) a worldwide leader in Ultra
Wideband (UWB) wireless technology, video conversion and digital
media products received notification from The NASDAQ Capital Market
(NASDAQ) on Feb. 12, 2008 that the company met the criteria for
initial listing and was granted an additional 180-calendar day
extension to comply with NASDAQ�s minimum $1.00 bid price
requirement. On Feb. 11, 2008, the company met all initial
inclusion criteria for the Capital Market under NASDAQ Marketplace
Rule 4310(c), but failed to meet bid price requirement. As a
result, in accordance with Rule 4310(c)(8)(D), the company was
granted 180 calendar days, or until August 11, 2008, for the bid
price of its common shares to close at $1.00 per share or more for
a minimum of 10 consecutive business days. If the company does not
meet the rule requirement by August 11, 2008, NASDAQ will provide
written notification to the company that it will be delisted from
The NASDAQ Capital Market. The company would have the right to
appeal the company�s delisting to a NASDAQ Listing Qualification
Panel. About Focus Enhancements, Inc. Focus Enhancements, Inc.
(NASDAQ CM:FCSE), headquartered in Campbell, CA, is a leading
designer of world-class solutions in advanced, proprietary video
and wireless video technologies. The company�s Semiconductor Group
develops wireless IC chip set based on WiMedia UWB standard and
design as well as markets portable ICs to the video convergence,
portable media, navigation systems and smartphone markets. The
company�s System Group develops video products for the digital
media markets, with customers in the broadcast, video production,
digital signage and digital asset management markets. More
information on Focus Enhancements may be obtained from the
company�s Securities and Exchange Commission (SEC) filings, or by
visiting the Focus Enhancements home page at
http://www.focusinfo.com.
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