COMSYS IT Partners, Inc. to Add a Third Independent Audit Committee Member.HOUSTON -- COMSYS IT Partners, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : CITP (Certified Information Technology Professional) A specialty credential awarded by the AICPA to its CPA members who excel in the provision of technology-related business services. ) previously reported that Christopher R. Pechock had resigned from the Company's Board of Directors and its Audit Committee. There were no disagreements between Mr. Pechock, the Company, or its board of directors. As a result of that resignation, the Company's Audit Committee currently consists of two independent directors rather than the three independent directors required under Nasdaq Marketplace Rule 4350. The Company notified 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. , Inc. of this matter and, by letter dated May 15, 2006, Nasdaq confirmed that the Company was not in compliance with Marketplace Rule 4350 and that the Company has until the earlier of its next annual stockholders' meeting or August 8, 2006, to add a third independent director to the Audit Committee. Also as previously reported, the Company intends to comply with this requirement by no later than its 2006 Annual Meeting of Stockholders, which is currently scheduled for July 27, 2006. About COMSYS IT Partners COMSYS IT Partners, Inc. (NASDAQ: CITP) is a leading information technology services company with 42 offices across the U.S. and offices in Canada and the U.K. Leveraging more than 30 years of experience, COMSYS has enhanced its core competency A core competency is something that a firm can do well and that meets the following three conditions specified by Hamel and Prahalad (1990):
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