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Technology Stocks : Accent Softwr (acntf): Addressing Huge Multilingual Mkt?

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To: Diony who wrote (256)7/15/1998 5:22:00 PM
From: John Ke  Read Replies (1) of 356
 
Reuters release:

COLORADO SPRINGS, Colo., July 14 (Reuters) - Accent Software International Ltd. said Tuesday it believes it will meet the Nasdaq's net tangible assets requirement for continued listing.

The company said in a statement that its temporary exception to the requirement expires July 31.

Accent Software said it cannot guarantee it will meet the requirements, but said the Nasdaq has accepted its plan to increase net tangible assets to the required level.

"We are confident the exception which has been granted offers sufficient time to meet Nasdaq's requirements," said Todd Oseth, Accent president and chief executive.

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Nothing to do but wait. Patience will be rewarded.

John
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