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

To: Sir Auric Goldfinger who wrote (501)	9/5/2002 4:31:46 PM
From: who cares?	Read Replies (4) \| Respond to of 609

Regarding Possible Delisting; TTR Comments On Lawsuit Business Editors & High-Tech Writers NEW YORK--(BUSINESS WIRE)--Sept. 5, 2002--TTR TECHNOLOGIES, INC. (Nasdaq NM: TTRE) announced that it has been notified by The Nasdaq Stock Market, Inc. (Nasdaq) that the Company does not currently satisfy the minimum $4.0 million net tangible assets requirement or the minimum $10.0 million stockholders' equity requirement for continued listing on the Nasdaq National Market.

To: Sir Auric Goldfinger who wrote (501)	9/12/2002 3:02:26 PM
From: StockDung	Respond to of 609

Check out paragraph talking about SEC investigation! "The Company also announced today that it was recently served with a summons and complaint regarding a lawsuit filed in United States District Court for the Southern District of New York alleging, among other things, certain violations of federal securities laws by the Company and certain of its current and former officers and directors relating to statements made in press releases and public conference calls. The Company is reviewing the complaint." TTR Technologies Receives Formal Notification From Nasdaq 2002-09-05 16:21 (New York) Regarding Possible Delisting; TTR Comments On Lawsuit Business Editors & High-Tech Writers NEW YORK--(BUSINESS WIRE)--Sept. 5, 2002--TTR TECHNOLOGIES, INC. (Nasdaq NM: TTRE) announced that it has been notified by The Nasdaq Stock Market, Inc. (Nasdaq) that the Company does not currently satisfy the minimum $4.0 million net tangible assets requirement or the minimum $10.0 million stockholders' equity requirement for continued listing on the Nasdaq National Market. The Company expects to present a plan to Nasdaq which is intended to achieve and sustain compliance with the requirements for continued listing on the Nasdaq National Market. If Nasdaq does not find this plan acceptable, the Company's common stock will be delisted from the Nasdaq National Market, subject to appeal by the Company. This notification from Nasdaq is the formal notice that the Company anticipated receiving, as was disclosed in its Form 10-Q for the quarter ended June 30, 2002. The Company is also currently studying the possible alternative of applying to list its securities on the Nasdaq SmallCap Market. There can be no assurance that the Company will be able to maintain its Nasdaq National Market listing or that the Company will be able to successfully transfer to the Nasdaq SmallCap Market. The Company also announced today that it was recently served with a summons and complaint regarding a lawsuit filed in United States District Court for the Southern District of New York alleging, among other things, certain violations of federal securities laws by the Company and certain of its current and former officers and directors relating to statements made in press releases and public conference calls. The Company is reviewing the complaint. 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 - News). 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, including the statement of the Company's expectation to present a plan to comply with Nasdaq National Market continued listing requirements, 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, including a decision by the Company that the expense of maintaining the Nasdaq National Market listing is prohibitive, 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. --30--kf/ny* CONTACT: TTR Technologies, Inc., New York Samuel Brill, 212/527-7599 samb@ttrtech.com or Stern & Co., New York Investor Relations: Truc N Nguyen, 212/888-0044 tnguyen@sternco.com Media: Stan Froelich, 212/888-0044 sfroelich@sternco.com KEYWORD: NEW YORK INDUSTRY KEYWORD: BANKING COMPUTERS/ELECTRONICS SOFTWARE SOURCE: TTR Technologies, Inc.

To: Sir Auric Goldfinger who wrote (501)	10/10/2002 4:38:28 PM
From: StockDung	Respond to of 609

TTR Receives Notification Regarding Delisting NEW YORK--(BUSINESS WIRE)--Oct. 10, 2002--TTR TECHNOLOGIES, INC., (Nasdaq NM: TTRE) today announced that it received a NASDAQ Staff determination on October 9, 2002, indicating that Company fails to comply with either the minimum $10 million stockholders' equity requirement or, until November 1, 2002, the minimum $4 million net tangible assets for continued listing on the National Market as set forth in Marketplace Rules 4450(a)(3), and that its securities will be delisted from the Nasdaq National Market System as of the opening of trading on October 17, 2002. TTR intends to request a hearing to transfer to the Nasdaq SmallCap Market. The hearing request is expected to stay the delisting. For continued listing on the Nasdaq SmallCap market, the Company must, among other things, maintain a per share minimum bid price of $1 and maintain a minimum stockholders' equity of $2.5 million. The Company's securities have closed at a per share price of less than $1 since May 23, 2002. There can be no assurance that the Company will be able to transfer to the SmallCap Market. If TTR is unable to transfer to the SmallCap Market, then its securities may be eligible for trading on the OTC Bulletin Board or another over-the-counter market, although there can be no assurance that the Company's Common Stock will be eligible for trading on any alternative exchanges or markets. 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 has invested 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 - News). 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 2001, 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 Chief Operating Officer samb@ttrtech.com or Stern & Co. Investor Relations Truc N 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 10/10/2002 16:07 EASTERN