Radcom was notified that it no longer complies with the minimum $10 million shareholders' equity requirement for continued listing on Nasdaq
July 31, 2007
TEL AVIV -- RADCOM Ltd. (RADCOM) (NASDAQ and TASE: RDCM) today announced that it received a Nasdaq Staff Deficiency Letter on July 25, 2007 indicating that, according to the Company's financial statements for the second quarter of 2007, RADCOM no longer complies with the minimum $10 million shareholders' equity requirement for continued listing on The Nasdaq Global Market as set forth in Marketplace Rule 4450(a)(3).
The Company intends to supply information to Nasdaq and to take other actions with the goal of enabling it to continue to be listed on The Nasdaq Global Market. However, if the Company's ordinary shares are ultimately delisted from The Nasdaq Global Market, the Company intends to apply to list its ordinary shares on the Nasdaq Capital Market.
Radcom Ltd.
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