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Signalife Announces Intent to Withdraw From AMEX and Trade on the OTCBB
Date:8/8/2008

llion stockholders' equity requirements through a large equity investment. In connection with the projections supplied by Signalife showing how the stockholders' equity requirements will be satisfied through revenue growth, AMEX staff asked for additional information by no later than August 8, 2008. In connection with the commitment letter showing how the stockholders' equity requirements will be satisfied through an additional equity investment, Signalife has received no feedback to date from AMEX relative to the terms of this equity investment or the independent satisfaction by this equity investment of AMEX's $6 million and $4 million stockholders' equity requirements. Signalife acknowledges that under Section 1011 of the AMEX Company Guide, that in giving its withdrawal notice to AMEX, Signalife will no longer be eligible for continued dealing on AMEX.

About Signalife

Signalife, Inc. is a life sciences company focused on the monitoring, detection and prevention of disease through continuous biomedical signal monitoring. Signalife uses its patented signal technology to design and develop medical devices, therapies and/or technologies that simplify and reduce the costs of cardiovascular disease. More information is located at http://www.signalife.com. Clear Data. Trusted Results.

Caution Regarding Forward-Looking Statements

Statements in this release that are not strictly historical are "forward- looking" statements. Forward-looking statements involve known and unknown risks, which may cause the companies' actual results in the future to differ materially from expected results. Factors which could cause or contribute to such differences include, but are not limited to, failure to complete the development and introduction of heart monitoring and other biomedical devices incorporating the companies' technology procure market acceptance for these products, failure to obtain federal or st
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SOURCE Signalife, Inc.
Copyright©2008 PR Newswire.
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