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Technology Stocks : TTRE (TTR Incorporated) -- Ignore unavailable to you. Want to Upgrade?

To: blebovits who wrote (493)	7/15/2002 4:28:46 PM
From: StockDung	Read Replies (1) \| Respond to of 609

TTR Technologies Receives Notification From Nasdaq NEW YORK--(BUSINESS WIRE)--July 12, 2002--TTR TECHNOLOGIES, INC. (Nasdaq NM: TTRE) announced today that it has been notified by The Nasdaq Stock Market, Inc. (Nasdaq) that the Company's common stock will be delisted from the Nasdaq National Market unless, at any time before October 7, 2002, the Company's bid price with the minimum requirement of $1.00 per share common stock for a minimum of 10 consecutive trading days. The Company received notice because its common stock has closed below the minimum $1.00 per share requirement for a period of 30 consecutive trading days. If compliance with the minimum $1.00 per share bid price cannot be demonstrated by October 7, 2002, Nasdaq will provide the Company with written notification that it is no longer in compliance with Nasdaq requirements for inclusion in the Nasdaq National Market. At that time, the Company may appeal the Nasdaq staff's determination, or if the Company meets the requirements for inclusion in the Nasdaq SmallCap Market and applies for transfer to that Market before October 7, 2002, Nasdaq delisting proceedings will be stayed pending review of the transfer application. If the transfer application is approved, the Company will have the SmallCap Market's grace period until January 6, 2003 to regain compliance with the minimum $1.00 per share bid price, and if it meets certain listing criteria may be eligible for an additional 180 day grace period. If the Company's bid price meets the $1.00 per share requirement for 30 consecutive trading days and the Company complies with the other requirements for continued listing by or before July 30, 2003, it may be eligible for transfer back to the Nasdaq National Market. About TTR Technologies, Inc. TTR (http://www.ttrtech.com) designs, markets and sells proprietary anti-piracy products. The company has developed and commercialized products for the software and entertainment industries and is expanding its product range and reach through in-house development and joint ventures. In addition to developing SafeAudio, TTR is investing in infrastructure and security solutions for the DVD-ROM market. TTR has a joint development and marketing agreement for music CD copy protection with Macrovision Corporation (Nasdaq:MVSN). TTR's shares are listed on the Berlin Stock Exchange (TEJ) and the Nasdaq National Market (TTRE). Forward-Looking Statements All statements contained herein, as well as oral statements that may be made by the Company or by officers, directors or employees of the Company acting on the Company's behalf, that are not statements of historical fact, constitute "forward-looking statements" and are made pursuant to the Safe-Harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause the actual results of the Company to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements. Such risks and uncertainties are outlined in the Company's Annual Report on Form 10-K for 2000, its Quarterly Reports on Form-10Q, and such other documents as are filed with the Securities and Exchange Commission from time to time. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release. There can be no assurance that the Company's common stock will not be delisted from the Nasdaq National Market or that it will be able to successfully transfer to the Nasdaq SmallCap Market or back again to the Nasdaq National Market as discussed above. CONTACT: TTR Technologies, Inc., New York Samuel Brill, 212/527-7599 samb@ttrtech.com or Stern & Co., New York Investor Relations: Mark Perlgut mperlgut@sternco.com or Media: Stan Froelich sfroelich@sternco.com 212/888-0044 SOURCE: TTR Technologies, Inc. Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com 07/12/2002 15:00 EASTERN

To: blebovits who wrote (493)	8/26/2002 2:28:28 PM
From: StockDung	Read Replies (2) \| Respond to of 609

U.S. District Court Rejects Motion Barring TTR Technologies, Inc. From Holding Annual Meeting of Stockholders Today NEW YORK--(BUSINESS WIRE)--Aug. 26, 2002--TTR TECHNOLOGIES, INC., (Nasdaq NM: TTRE) announced that on August 22, 2002, Judge Laura Swain of the United States District Court rejected a motion for a temporary restraining order to bar the convening of the Company's Annual Meeting of Stockholders, scheduled for today, August 26, 2002. The motion was made as part of a lawsuit by several alleged shareholders of the Company alleging, among other things, material misstatements and omissions in the proxy statement that was circulated in connection with the scheduled Annual Meeting of the Stockholders, as well as various state law violations. On the following day, Judge Miriam Cedarbaum of the same court likewise declined to enjoin the annual meeting, and instead, scheduled a trail date of October 8, 2002 for the action. About TTR Technologies, Inc. TTR (http://www.ttrtech.com) designs, markets and sells proprietary anti-piracy products. The company has developed and commercialized products for the software and entertainment industries and is expanding its product range and reach through in-house development and joint ventures. In addition to developing SAFEAUDIO(TM), TTR is investing in Digital Rights Management Protection technologies as well as security solutions for the DVD-ROM market. TTR has a joint development and marketing agreement for music CD copy protection with Macrovision Corporation (Nasdaq:MVSN). TTR's shares are listed on the Nasdaq National Market (TTRE). Forward-Looking Statements All statements contained herein, as well as oral statements that may be made by the Company or by officers, directors or employees of the Company acting on the Company's behalf, that are not statements of historical fact, constitute "forward-looking statements" and are made pursuant to the Safe-Harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause the actual results of the Company to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements. Such risks and uncertainties are outlined in the Company's Annual Report on Form 10-K for 2000, its Quarterly Reports on Form-10Q, and such other documents as are filed with the Securities and Exchange Commission from time to time. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release. CONTACT: TTR Technologies, Inc. Samuel Brill, 212/527-7599 samb@ttrtech.com or Stern & Co. Investor Relations: Truc Nguyen, 212/888-0044 tnguyen@sternco.com Media: Stan Froelich, 212/888-0044 sfroelich@sternco.com SOURCE: TTR Technologies, Inc. Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com 08/26/2002 09:23 EASTERN