IASG Receives Ruling For Continued Listing on NASDAQ National Market And Sets Date for Annual Meeting
06 July 2005 - 10:57PM
Business Wire
Integrated Alarm Services Group, Inc. (Nasdaq: IASGE) today
announced that it received notification that the NASDAQ Listing
Qualifications Panel has determined that the Company meets all
requirements for continued listing on The NASDAQ Stock Market.
Accordingly, NASDAQ advised that the hearing file has been closed
and that effective with the open of business on Thursday, July 7,
2005, the fifth character "E" will be removed from the Company's
trading symbol and Integrated Alarm's symbol will revert back to
"IASG." On June 13, 2005, IASG filed with the Securities and
Exchange Commission a Form 10-K for fiscal 2004 and on June 27,
2005 the Company filed its quarterly report on Form 10-Q for the
first quarter of fiscal 2005. IASG also announced the date of
August 16, 2005 for its annual meeting of shareholders. This date
is a change from a previously announced meeting date due to
scheduling conflicts. The annual report and proxy are expected to
be mailed in mid July and the details of the meeting will be
provided in the proxy. ABOUT IASG Integrated Alarm Services Group
provides total integrated solutions to independent security alarm
dealers located throughout the United States to assist them in
serving the residential and commercial security alarm market.
IASG's services include alarm contract financing including the
purchase of dealer alarm contracts for its own portfolio and
providing loans to dealers collateralized by alarm contracts. IASG,
with 5,600 independent dealer relationships, is also the largest
wholesale provider of alarm contract monitoring and servicing. For
more information about IASG please visit our web site at
http://www.iasg.us. This press release may contain statements,
which are not historical facts and are considered forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. These forward-looking statements contain
projections of IASG's future results of operations, financial
position or state other forward-looking information. In some cases
you can identify these statements by forward looking words such as
"anticipate", "believe", "could", "estimate", "expect", "intend",
"may", "should", "will", and "would" or similar words. You should
not rely on forward-looking statements because IASG's actual
results may differ materially from those indicated by these forward
looking statements as a result of a number of important factors.
These factors include, but are not limited to: general economic and
business conditions; our business strategy for expanding our
presence in our industry; anticipated trends in our financial
condition and results of operation; the impact of competition and
technology change; existing and future regulations effecting our
business, and other risks and uncertainties discussed under the
heading "Risks Related to our Business" in IASG's Form 10-K report
for the period ending December 31, 2004 as filed with the
Securities and Exchange Commission on June 13, 2005, and other
reports IASG files from time to time with the Securities and
Exchange Commission. IASG does not intend to and undertakes no duty
to update the information contained in this press release.
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