Aspeon Delisted From Nasdaq Stock Market.Business Editors IRVINE, Calif.--(BUSINESS WIRE)--Jan. 4, 2001 Aspeon Inc. (Nasdaq:ASPEE) said that it has received notification that the Nasdaq Listing Qualifications Panel has delisted the company's securities from the Nasdaq Stock Market Nasdaq stock market The first electronic stock market listing over 5000 companies. The Nasdaq stock market comprises two separate markets, namely the Nasdaq National Market, which trades large, active securities and the Nasdaq Smallcap Market that trades emerging growth companies. , effective immediately. The company stated that it intends to appeal the decision. "We are continuing to focus on the execution of our short term strategic objectives to eliminate operating losses operating loss The excess of operating expenses over revenue. As with operating income, operating losses exclude revenues and expenses from operations that are not considered a regular part of the business. Also called deficit. Compare operating income. and build cash reserves Cash reserves See: Cash investments cash reserves Investment funds that are held in short-term assets such as Treasury bills and certificates of deposit until more permanent investment opportunities are available. ," said Richard Stack, president and chief executive officer. "The majority of our efforts will be directed toward growing Aspeon's core Point-of-Sale products and services businesses. Our Viper product is considered by many to be one of the most cost effective and technologically advanced touch screen computers in the industry." About Aspeon Inc. Aspeon currently operates in three business segments. The Point-of-Sale (POS (1) See point of sale and packet over SONET. (2) "Parent over shoulder." See digispeak. POS - point of sale ) products segment designs, manufactures, markets and sells open system touch screen POS computers primarily for the food service and retail industries. The Solution Services segment provides retail food service technology solutions and services that enable restaurants and retailers to capture, analyze, disseminate dis·sem·i·nate v. dis·sem·i·nat·ed, dis·sem·i·nat·ing, dis·sem·i·nates v.tr. 1. To scatter widely, as in sowing seed. 2. and use information throughout the enterprise, from the POS cash register terminal to the back office to an organization's headquarters. The Application Services See ASP and Web services. Provider segment delivers integrated business application software customized to meet industry-specific requirements. Visit Aspeon at www.aspeon.com. |
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