To: realmoney who wrote (22 ) 3/17/1999 11:43:00 AM From: RockyBalboa Read Replies (1) | Respond to of 361
Read that... Tuesday March 16, 9:19 am Eastern Time Company Press Release ICC To Be Relisted on Nasdaq NEW YORK--(BUSINESS WIRE)--March 16, 1999--Internet Commerce Corporation's common stock will be relisted on The Nasdaq SmallCap Market via an exception from the NET TANGIBLE ASSETS requirement effective with the open of business, March 17, 1999. While Internet Commerce Corp. (ICC) failed to meet this requirement as of February 22, 1999, the Company was granted a temporary exception from this standard subject to ICC meeting certain conditions. The exception will expire on April 30, 1999. In the event the Company is deemed to have met the terms of the exception, it shall continue to be listed on The Nasdaq SmallCap Market. The Company believes that it can meet these conditions, however, there can be no assurance that it will do so. If at some future date the Company's securities should cease to be listed on The Nasdaq SmallCap Market, they may continue to be listed in the OTC-Bulletin Board. For the duration of the exception, the Company's Nasdaq symbol will be ICCAC. Internet Commerce Corporation develops and markets Internet-based products and services to facilitate secure Electronic Commerce (EC) transactions for commercial and governmental markets. ICC's expertise in business-to-business commerce and electronic data interchange (EDI), provides easy-to-use, sophisticated solutions for companies of all sizes for the transmission, encryption, reporting and archiving of all electronic data. Contact: INTERNET COMMERCE CORPORATION Victor Bjorge (212) 271.7618 or KCSA Leslie A. Schupak/Joseph Mansi Phone: (212) 896-1207/(212) 896-1205 Fax: (212) 697-0910 e-mail: lschupak@kcsa.com/jmansi@kcsa.com