EnteroMedics Announces Transfer of its Common Stock to the Nasdaq Capital Market

ST. PAUL, Minn.--(BUSINESS WIRE)--EnteroMedics Inc. (NASDAQ: ETRM), the developer of medical devices using neuroblocking technology to treat obesity and other gastrointestinal disorders, announced today that it has received approval from the Nasdaq Stock Market Listing Qualifications Staff to transfer the listing of its common stock from the Nasdaq Global Market to the Nasdaq Capital Market. The Company's common stock will be transferred to the Nasdaq Capital Market at the opening of business on January 22, 2010 and will continue to trade under the ticker symbol “ETRM”.

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