Immunicon Corporation Announces Quotation of Common Stock on Over-the-Counter Bulletin Board

HUNTINGDON VALLEY, Pa.--(BUSINESS WIRE)--Immunicon Corporation (NASDAQ-CM:IMMC) announced today that, effective as of today’s date, its common stock began quotation on the Over-the-Counter Bulletin Board. As disclosed previously, Immunicon had received notification from The NASDAQ Stock Market indicating that trading in Immunicon’s common stock would be suspended and Immunicon’s common stock would be delisted from The NASDAQ Capital Market at the opening of business on April 29, 2008, unless Immunicon appealed NASDAQ’s determination. In response, on April 18, 2008, Immunicon notified NASDAQ that it would not submit such a plan but rather would pursue quotation of its common stock on the Over-the-Counter Bulletin Board.