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Coherent, Inc. Reports Decision by the Nasdaq Stock Market
Date:12/3/2007

SANTA CLARA, Calif., Dec. 3 /PRNewswire-FirstCall/ -- Coherent, Inc. (Nasdaq: COHR) today announced that on November 30, 2007, it received the decision of the Board of Directors of The Nasdaq Stock Market ("Nasdaq") to give Coherent until December 17, 2007 to file its past due periodic reports for the year ended September 30, 2006 and the first three quarterly periods of 2007 with the Securities Exchange Commission ("SEC") in order to regain compliance with Nasdaq's listing requirements contained in Nasdaq Marketplace Rule 4310(c)(14). In the event Coherent does not file such periodic reports with the SEC by December 17, 2007, Nasdaq's Board informed Coherent that its common stock will be suspended from trading at the opening of business on December 19, 2007, and Nasdaq will file a Form 25 with the SEC to effect the delisting of Coherent's common stock from Nasdaq.

Coherent is committed to regaining compliance with all Nasdaq listing requirements as soon as possible. However, Coherent will not be able to file all of its past due periodic reports with the SEC by December 17, 2007. As previously disclosed, Coherent expects to file its Annual Report on Form 10-K for fiscal 2006 no later than December 17, 2007 and the aforementioned quarterly reports by January 31, 2008. Coherent is exploring alternatives that may be available to it to prevent the suspension from trading of its common stock on Nasdaq on December 19, 2007 as well as the delisting of its common stock from Nasdaq, including seeking relief from Nasdaq's Board of Directors and the SEC. However, there can be no assurances that these alternatives will be successful. In the event that Coherent's common stock is delisted from trading on Nasdaq, it will be t
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SOURCE Coherent, Inc.
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