Press Release
Source: Gemstar-TV Guide International, Inc.
Nasdaq Notifies Company That SEC Filings
Satisfy Condition for Continued National Market
Listing
Monday April 7, 5:32 pm ET
'E' To Be Removed from Ticker Symbol Prior to Trading
Tomorrow
PASADENA, Calif.--(BUSINESS WIRE)--April 7, 2003--Gemstar-TV Guide International,
Inc. (NASDAQ: GMSTE - News; the "Company") announced today that it received
notification from the Nasdaq Listing Qualifications Panel that, based upon the
Company's compliance with the Panel's previously announced March 31, 2002
deadline for making certain SEC filings, the Panel has determined to continue listing
the Company's securities on the Nasdaq National Market at this time. The Company
remains subject to the conditions previously established by the Panel for continued
listing, including a requirement that the Company conduct an annual meeting prior to
June 30, 2003. As previously announced, the Company plans to hold its annual
meeting on May 20, 2003. NASDAQ also notified the Company that the "E" will be
removed from the Gemstar-TV Guide symbol before trading opens Tuesday, April 8,
2003.
About Gemstar-TV Guide International, Inc.
Gemstar-TV Guide International, Inc., is a leading media and technology company that
develops, licenses, markets and distributes technologies, products and services
targeted at the television guidance and home entertainment needs of consumers
worldwide. The Company's businesses include: television media and publishing
properties; interactive program guide services and products; and technology and
intellectual property licensing. Additional information about the Company can be found
at www.gemstar-tvguide.com.
Except for historical information contained herein, the matters discussed in this news
release contain forward-looking statements that involve risks and uncertainties,
including risks and uncertainties related to the Company's transition to a new
management and corporate governance structure; an ongoing SEC investigation and
pending litigation; the timely availability and acceptance of new products; the impact of
competitive products and pricing; and the other risks detailed from time to time in the
Company's SEC reports, including the most recent reports on Forms 10-K, 8-K and
10-Q, each as it may be amended from time to time. The Company assumes no
obligation to update these forward-looking statements.
A small but symbolic step!
Contact:
Gemstar-TV Guide International, Inc.
Whit Clay, 212/446-1864 (media -Sloane & Company)
Mike Benevento, 212/852-7337 (analysts)
Source: Gemstar-TV Guide International, Inc. |
