Cambio Announces Nasdaq Delisting From National Market.EMERYVILLE, Calif.--(BUSINESS WIRE)--Oct. 20, 1998--Cambio, Inc. (Nasdaq: CAMB CAMB California Association of Mortgage Brokers CAMB Cell and Molecular Biology CAMB California Aggie Marching Band (University of California, Davis) CAMB Center for Applied & Molecular Biology (Pakistan) ), announced today that on October 20, 1998, the Company received notice of a decision by 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. to delist the Company's Class A Common Stock from the Nasdaq National Market effective with the close of business on October 20, 1998. Additionally, at this time, the Company does not meet the requirements to transfer its listing to the Nasdaq SmallCap Market. Accordingly, trading in the Company's Class A Common Stock will be conducted on the OTC Bulletin Board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. . Cambio is a supplier of software and professional services for operations support systems Operations Support Systems (also called Operational Support Systems or OSS) are computer systems used by telecommunications service providers. The term OSS most frequently describes "network systems" dealing with the telecom network itself, supporting processes such (OSS Oss (ôs), city (1994 pop. 62,141), North Brabant prov., S Netherlands; chartered 1399. It is a significant industrial center. Manufactures include meat products, chemicals, pharmaceuticals, electrical equipment, and metalware. ) of telecommunications industries, and for general enterprise networks. Cambio is headquartered in Dallas, Texas, with finance and accounting offices in Emeryville, California. The Company also maintains sales, research, and development offices domestically in El Paso, Texas, and Parsippany, New Jersey, and internationally in Egypt and the United Kingdom. |
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