Dionex Corporation Receives NASDAQ Delisting Notification Letter Relating to Notice of Late Filing of Form 10-K
04 October 2005 - 9:00AM
PR Newswire (US)
SUNNYVALE, Calif., Oct. 3 /PRNewswire-FirstCall/ -- Dionex
Corporation (NASDAQ:DNEX), today acknowledged its receipt of a
NASDAQ Staff Determination Letter dated September 30, 2005
regarding potential delisting of the Company's stock. As a result
of the Company's previously announced inability to timely file its
annual report on Form 10-K, the Company is not in compliance with
the NASDAQ Stock Market's continued listing requirement set forth
in Marketplace Rule 4310(c)(14). As a result, the Company's
securities are subject to delisting from the NASDAQ National
Market. The Company plans to request a hearing before a NASDAQ
Listing Qualifications Panel to review the Staff Determination and
request continued listing on NASDAQ until the Company files its
Form 10-K for the fiscal year ended June 30, 2005. In its
notification letter the NASDAQ staff informed the Company that this
request will result in a postponement of the delisting pending the
Panel's decision. However, the Company can provide no assurance
that the hearing panel will grant its request for continued
listing. As previously announced, the Company currently plans to
file its Form 10-K on or before October 14, 2005. As a result of
the Company's previously announced inability to timely file its
2005 Form 10-K, the Company's trading symbol will be changed from
DNEX to DNEXE, effective at the opening of business on October 4.
Dionex Corporation is a leading manufacturer and marketer of
chromatography systems for chemical analysis. The Company's systems
are used in environmental analysis and by the life sciences, food
and beverage, chemicals, petrochemicals, power generation and
electronics industries in a variety of applications. DATASOURCE:
Dionex Corporation CONTACT: Craig McCollam of Dionex Corporation,
+1-408-481-4107 Web site: http://www.dionex.com/
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