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Cardium's Exchange Listing Compliance Plan Accepted by NYSE AMEX
Date:3/8/2010

tudio-5.financialcontent.com/prnews?Page=Quote&Ticker=CXM' target='_blank' title='CXM'>CXM) reported that its exchange listing compliance plan submitted on January 26, 2010 has been accepted by the NYSE AMEX LLC (formerly the American Stock Exchange).  

(Logo:  http://www.newscom.com/cgi-bin/prnh/20051018/CARDIUMLOGO)

As previously reported on January 4, 2010, the company received notification from the staff of its current listing exchange indicating that the company was considered to be noncompliant with certain listing requirements of the NYSE AMEX.  Based on the company's quarterly report on Form 10-Q, which was filed on November 9, 2009, noncompliance was noted with respect to the requirements for minimum stockholders' equity under section 1003(a)(i) of the exchange's company guide with stockholders' equity of less than $2,000,000 and losses from continuing operations and net losses in two of its three most recent fiscal years and section 1003(a)(ii) of the exchange's company guide with stockholders' equity of less than $4,000,000 and losses from continuing operations and net losses in three of its four most recent fiscal years.


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