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Technology Stocks : Internet Capital Group Inc. (ICGE) -- Ignore unavailable to you. Want to Upgrade?

To: bob zagorin who wrote (3716)	6/2/2004 8:36:47 AM
From: puborectalis	Respond to of 4187

biz.yahoo.com Internet Capital Group Achieves Compliance with Nasdaq SmallCap Listing Requirements Wednesday June 2, 8:30 am ET WAYNE, Pa.--(BUSINESS WIRE)--June 2, 2004--Internet Capital Group, Inc. (Nasdaq:ICGED; "ICG") announced today that Nasdaq has deemed ICG to be in full compliance with the SmallCap Market listing standards. Since the reverse split on May 7, 2004, the closing bid price of ICG's common stock has been at $1.00 per share or greater for at least ten consecutive trading days. As such, the Company received a determination from the Nasdaq Listing Qualifications Panel stating that the Company has regained compliance with the minimum $1.00 closing bid price per share requirement and this matter is now closed. "We are very pleased with the Nasdaq notification and the fact that ICG is now fully compliant with all listing requirements," said Walter Buckley, chairman and CEO of Internet Capital Group. "This is another indicator of the progress we have made in positioning the company for future success."