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Cash Technologies Discusses AMEX Listing Requirements
Date:11/8/2007

ceives an audit opinion that contains a going concern qualification must make a public announcement through the news media disclosing the receipt of such qualified opinion. In its Form 10-KSB for the fiscal year ended May 31, 2007, Cash Tech received an audit opinion that contained such a qualification but did not issue such a press release in a timely manner. Accordingly, notice is hereby given of the going concern qualification in the May 31, 2007 audited financial statements.

To maintain its listing, Cash Tech must submit a plan by December 3, 2007 advising the Exchange of actions it has taken, or will take, that would bring Cash Tech into compliance with the continued listing standards above by February 1, 2008. The Exchange will evaluate the plan and make a determination as to whether Cash Tech has made a reasonable demonstration in the plan of an ability to regain compliance with the Continued Listing Standards by February 1, 2008, in which case the plan will be accepted. If the Exchange does not accept the plan or if Cash Tech fails to meet the targets of the plan, the Exchange may initiate delisting procedures. If the plan is accepted, Cash Tech may be able to continue its listing during the plan period, during which time Cash Tech is required to make progress consistent with the plan and to regain compliance with the listing standards.

The Company intends to submit a plan to AMEX that shows Cash Tech's ability to regain compliance with all of the AMEX listing requirements. Specifically, to address liquidity issues the Company has raised $750,000 in new working capital of which $250,000 has funded and the remainder is scheduled to fund on Tuesday, November 13, 2007. Furthermore, the Company has engaged New York investment banking firm HPC Capital Management Corp. to arrange an additional $2,000,000 in working capital. Such financings, if successfully completed, are anticipated to carry the Company to a cash flow breakeven point.

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SOURCE Cash Technologies, Inc.
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