Company expects to satisfy all requirements for continued listing and make
all necessary filings by December 31, 2007
MILWAUKEE, Nov. 16 /PRNewswire-FirstCall/ -- Merge Technologies Incorporated, d.b.a. Merge Healthcare (Nasdaq: MRGE; TSX: MRG) (the "Company") today announced that the Company received a written notification from the staff of The NASDAQ Stock Market on November 13, 2007, stating that the Company's failure to timely file its Quarterly Report on Form 10-Q for the quarter ended September 30, 2007 would serve as an additional basis for delisting the Company's common stock from The NASDAQ Stock Market. The Company expected to receive the NASDAQ notification due to the Company not filing its Form 10-Q for the quarter ended September 30, 2007. This notification is in addition to prior NASDAQ staff notifications stating that the common stock was subject to delisting because the Company did not timely file its Quarterly Report on Form 10-Q for the quarter ended June 30, 2007.
(Logo: http://www.newscom.com/cgi-bin/prnh/20030430/MRGELOGO)
The Company previously announced its receipt of a written notification
from the NASDAQ Listing Qualifications Panel stating that the panel
determined to continue the listing of the Company's common stock on the
NASDAQ Global Market, subject to the Company's filing its Form 10-Q for the
quarter ended June 30, 2007 and all required restatements by no later than
January 29, 2008. The Company will also need to file its Form 10-Q for the
quarter ended September 30, 2007 by that date to regain compliance with the
NASDAQ listing standards. The Company expects that it wil
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