Playboy Enterprises Removed From NYSE 'Watch List'
June 05 2009 - 4:00PM
PR Newswire (US)
CHICAGO, June 5 /PRNewswire-FirstCall/ -- Playboy Enterprises, Inc.
(NYSE: PLANYSE:PLAA) said that it has been notified by the New York
Stock Exchange (NYSE) that the company is now considered to be in
good standing and has been removed from the NYSE "Watch List" as a
result of a program initiated by the NYSE that temporarily lowers
continued listing requirements to $50 million in market
capitalization or $50 million in shareholders' equity. At the close
of the market on June 4, 2009, Playboy's combined market
capitalization was approximately $98 million. Playboy is one of the
most recognized and popular consumer brands in the world. Playboy
Enterprises, Inc. is a media and lifestyle company that markets the
brand through a wide range of media properties and licensing
initiatives. The company publishes Playboy magazine in the United
States and abroad and creates content for distribution via
television networks, websites, mobile platforms and radio. Through
licensing agreements, the Playboy brand appears on a wide range of
consumer products in more than 150 countries as well as retail
stores and entertainment venues. DATASOURCE: Playboy Enterprises,
Inc. CONTACT: Investors/Media, Martha Lindeman of Playboy
Enterprises, Inc., +1-312-373-2430
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