Intrusion Inc. Anticipates Trading Over the Counter on October 12, 2006 Following Receipt of Delisting Notice From Nasdaq
October 10 2006 - 5:56PM
PR Newswire (US)
RICHARDSON, Texas, Oct. 10 /PRNewswire-FirstCall/ -- Intrusion Inc.
(NASDAQ:INTZ), ("Intrusion") today announced that the Nasdaq
Listing Qualifications Panel has notified Intrusion on October 10,
2006 that Nasdaq has determined to delist Intrusion's shares of
common stock from The Nasdaq Capital Market effective as of the
open of business on Thursday, October 12, 2006 as a result of
Intrusion's failure to maintain compliance with Marketplace Rules
4210 (c) (2) (B), the requirement to maintain a minimum
stockholders equity, market value of listed securities, or net
income from continuing operations. About Intrusion Inc. Intrusion
Inc. is a global provider of regulated information compliance,
entity identification systems, data privacy protection products,
and network intrusion prevention and detection solutions.
Intrusion's product families include the Compliance Commander(TM)
for regulated information compliance, data privacy protection and
identity theft prevention, TraceCop(TM) identification and location
system, Intrusion SpySnare(TM) for real-time inline blocking of
spyware and unwanted P2P applications, and Intrusion SecureNet(TM)
for network intrusion prevention and detection. Intrusion's
products help protect critical information assets by quickly
detecting, protecting, analyzing and reporting attacks or misuse of
classified, private and regulated information for government and
enterprise networks. For more information, please visit
http://www.intrusion.com/ . This release, other than historical
information, may include forward- looking statements regarding
future events or our future performance, including, without
limitation, statements relating to Intrusion's delisting from the
Nasdaq Capital Market and trading over the counter. These
statements are made under the "safe harbor" provisions of the
Private Securities Litigation Reform Act of 1995 and involve risks
and uncertainties which could cause actual results to differ
materially from those in the forward looking statements, including,
without limitation, risks associated with the Company's ability to
commence trading of its shares over the counter and the possible
adverse consequences that may result from its delisting, as well as
other risks and uncertainties identified in its Annual Report on
Form 10-KSB and other filings with the Securities and Exchange
Commission. Copies of these filings can be obtained from
Intrusion's Investor Relations department. Financial Contact
Michael L. Paxton, VP, CFO 972.301.3658, Media Contact Jay Barbour,
Vice President of Marketing 972.664.8107,
http://www.newscom.com/cgi-bin/prnh/20030703/INTRUSIONLOGO
http://photoarchive.ap.org/ DATASOURCE: Intrusion Inc. CONTACT:
financial, Michael L. Paxton, VP, CFO, +1-972-301-3658, or , or
media, Jay Barbour, Vice President of Marketing +1-972-664-8107, or
, both of Intrusion Inc. Web site: http://www.intrusion.com/
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