PIIID Peco II (MM)

GALION, Ohio, May 27 /PRNewswire-FirstCall/ -- PECO II, Inc. (NASDAQ:PIIID), a manufacturer of communications power systems and full-service provider of engineering and installation on-site services to the communications industry, announced today that it has been notified by the Nasdaq Listing Qualifications Panel that the Company has regained compliance with the minimum bid price requirement for the Nasdaq Capital Market and that the matter is now closed. Nasdaq requires companies to maintain a bid price at or above $1.00, and PECO II regained compliance by maintaining a closing bid price above $1.00 for at least 10 consecutive trading days. Common shares of PECO II will continue to trade on the Nasdaq Capital Market under the symbol PIIID for the remainder of 20 trading days after a reverse split went into effect on May 7, 2008. After that period, trading will resume under the symbol PIII. About PECO II, Inc. PECO II, headquartered in Galion, Ohio, provides engineering and on-site installation services and designs, manufactures and markets communications power systems and power distribution equipment. As the largest independent full-service provider of telecommunications power systems, the Company provides total power quality and reliability solutions, and supports the power infrastructure needs of communications service providers in the local exchange, long-distance, wireless, broadband and Internet markets. Additional information about PECO II can be found at http://www.peco2.com/ . DATASOURCE: PECO II, Inc. CONTACT: Kevin Borders, Vice President of Marketing and Product Development and Secretary, of PECO II, Inc., +1-419-468-7600 Web site: http://www.peco2.com/

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