Zila Receives Nasdaq Staff Deficiency Letter

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Zila, Inc. (NASDAQ:ZILA) today announced that it received a Nasdaq Staff Deficiency Letter on March 23, 2009 indicating that the company fails to meet the minimum stockholders’ equity requirement for continued listing on The Nasdaq Global Market set forth in Marketplace Rule 4450(a)(3). Zila’s Form 10-Q for the quarterly period ended January 31, 2009 reported stockholders’ equity of less than $10,000,000.