JUPITER, Fla.--(BUSINESS WIRE)--Dyadic International, Inc. (AMEX:DIL) announced today that on December 10, 2007, the American Stock Exchange (“AMEX”) notified Dyadic International, Inc. (the “Company” or “Dyadic”) of the date for the Company’s oral hearing to review the AMEX Listing Qualifications Department staff (the “Staff”) determination to proceed with the delisting of the Company’s common stock from AMEX. The oral hearing, which will be held before an AMEX Listing Qualifications Panel, is scheduled for January 8, 2008. By way of background, as previously disclosed in the Company’s Current Reports on Form 8-K (filed on July 9, 2007, August 28, 2007, November 19, 2007 and December 3, 2007), the Company received notice from the Staff on November 27, 2007 that the Company had failed to regain compliance with AMEX’s continued listing standards set forth in Sections 134 and 1101 of the AMEX Company Guide by the November 16, 2007 deadline previously imposed by AMEX, because the Company failed to timely file its Quarterly Reports on Form 10-QSB for the periods ended March 31, 2007, June 30, 2007 and September 30, 2007.
