SUNRISE, Fla., Feb. 26, 2009 (GLOBE NEWSWIRE) -- Bioheart, Inc. (Nasdaq:BHRT) (the "Company") today announced that on February 25, 2009, the Company received written notification from The NASDAQ Stock Market of its determination to discontinue the Company's NASDAQ listing effective as of the open of business on Friday, February 27, 2009. The move follows the NASDAQ Stock Market staff's determination that the Company did not comply with certain of their listing requirements, including related to the market value of its common stock, and either minimum stockholders' equity or net income from continuing operations of $500,000 in the most recently completed fiscal year or in two of the last three most recently completed fiscal years.
