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Ivivi Technologies, Inc. Receives Nasdaq Deficiency Notice



3/2/2009 9:40:20 AM

MONTVALE, N.J., Feb. 27, 2009 (GLOBE NEWSWIRE) -- Ivivi Technologies, Inc. (Nasdaq:IVVI), a leader in non-invasive, electrotherapy systems, today announced that on February 26, 2009, the Company received a deficiency notice from the staff of The Nasdaq Stock Market that the Company does not comply with Nasdaq Marketplace Rule 4310(c)(3), which requires the Company to have a minimum of $2,500,000 in stockholders' equity or $35,000,000 market value of listed securities or $500,000 of net income from continuing operations for the most recently completed fiscal year or two of the three most recently completed fiscal years. The Nasdaq staff is reviewing the Company's eligibility for continued listing on The Nasdaq Capital Market.

Read at GlobeNewswire


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