PhotoMedex, Inc. Regains Compliance with Nasdaq’s Minimum Bid Price Requirement

MONTGOMERYVILLE, Pa.--(BUSINESS WIRE)--PhotoMedex, Inc. (Nasdaq: PHMD) announced that it received notification from The Nasdaq Stock Market (“Nasdaq”) on March 10, 2008 saying the Company regained compliance with the $1.00 minimum bid price requirement for continued listing on Nasdaq’s Global Market exchange under Marketplace Rule 4450(a)(5). In the letter, Nasdaq advised the Company that this matter is now closed.

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