American Stock Exchange to Continue AXS-One's Listing
January 04 2007 - 8:25AM
PR Newswire (US)
RUTHERFORD, N.J., Jan. 4 /PRNewswire-FirstCall/ -- AXS-One Inc.
(AMEX:AXO) today announced that the staff of the American Stock
Exchange (AMEX) has reviewed the Company's plan of compliance to
meet the AMEX's continued listing standards and will continue the
Company's listing while the Company seeks to regain compliance with
the listing standards during the period ending April 6, 2008. As
previously announced, the AMEX staff notified the Company on
October 6, 2006 that the Company had fallen below the listing
standard set forth in Section 1003(a)(i) of the AMEX Company Guide.
During the plan period, the Company must continue to provide the
AMEX staff with updates regarding initiatives set forth in its plan
of compliance. The Company will be subject to periodic review by
the AMEX staff during the plan period. If the Company is not in
compliance with the continued listing standards on April 6, 2008 or
the Company does not make progress consistent with the plan during
the plan period, then the AMEX may initiate immediate delisting
proceedings. About AXS-One Inc. AXS-One (AMEX:AXO) is a leading
provider of high performance Records Compliance Management
solutions. The AXS-One Compliance Platform enables organizations to
implement secure, scalable and enforceable policies that address
records management for corporate governance, legal discovery and
industry regulations such as SEC17a-4, NASD 3010, Sarbanes-Oxley,
HIPAA, The Patriot Act and Gramm-Leach Bliley. AXS-One's technology
has been critically acclaimed as best of class and delivers digital
archiving, business process management, electronic document
delivery and integrated records disposition and discovery for
e-mail, instant messaging, images, SAP and other corporate records.
Founded in 1978, and headquartered in Rutherford, NJ, AXS-One has
offices worldwide including in the United States, Australia,
Singapore, United Kingdom and South Africa. For further
information, visit the AXS-One website at http://www.axsone.com/.
AXS-One, the AXS-One logo, "Access Tomorrow Today," and AXSPoint
are registered trademarks of, and AXS-One Compliance Platform,
AXS-One Central, AXS-One Retention Manager, AXS-One Rapid-AXS,
AXS-Link for Desktop, AXS-Link for SAP, AXS-Link for Lotus Notes,
AXS-Link for Microsoft Exchange, AXS-One Data Archive Translator,
AXS-Link for File System Archiving, AXS-Link for .PST Management,
AXS-One Supervision, AXS-One Case Management, "The Records
Compliance Management Company" and AXS-Link are trademarks of,
AXS-One Inc., in the U.S. All other company and product names are
trademarks or registered trademarks of their respective companies.
Special Note Regarding Forward-Looking Statements: A number of
statements contained in this release are forward-looking statements
within the meaning of the Private Securities Litigation Reform Act
of 1995 that involve risks and uncertainties that could cause
actual results to differ materially from those expressed or implied
in the applicable statements. These risks and uncertainties
include, but are not limited to: our ability to return to
profitability; our ability to grow license and service revenue;
potential vulnerability to technological obsolescence; the risks
that our current and future products may contain errors or defects
that would be difficult and costly to detect and correct; potential
difficulties in managing growth; dependence on key personnel; the
possible impact of competitive products and pricing; and other
risks described in more detail in AXO's most recent Form 10-K and
other Securities and Exchange Commission filings. Company Contact:
IR Contact: Joseph Dwyer Matthew Hayden AXS-One Inc. Hayden
Communications 201.935.3400 858.704.5065 or Brett Maas Hayden
Communications 646-536-7331 DATASOURCE: AXS-One Inc. CONTACT:
Joseph Dwyer of AXS-One Inc., +1-201-935-3400, ; or Investor
Relations, Matthew Hayden, +1-858-704-5065, , or Brett Maas,
+1-646-536-7331, , both of Hayden Communications, for AXS-One Inc.
Web site: http://www.axsone.com/
Copyright
Axos Financial (NYSE:AXO)
Historical Stock Chart
From Jun 2024 to Jul 2024
Axos Financial (NYSE:AXO)
Historical Stock Chart
From Jul 2023 to Jul 2024