NEW BRUNSWICK, N.J.--(BUSINESS WIRE)--Senesco Technologies, Inc. (the “Company”) (AMEX:SNT - News), as previously disclosed, on June 15, 2007, received a letter from the American Stock Exchange (“AMEX”) informing the Company that it did not meet certain AMEX continued listing standards. In response to the letter, the Company submitted a plan advising AMEX of action it has taken, or will take that would bring the Company into compliance with the AMEX’s continued listing standards. Such plan anticipated an increase in the shareholder’s equity continued listing standard from $4,000,000 to $6,000,000. The AMEX accepted such plan of compliance and granted the Company an extension until March 1, 2008 to regain compliance with the AMEX’s continued listing standards.
