Printer Friendly
The Free Library
19,607,059 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Concord Camera Corp. Announces Compliance with Nasdaq Listing Requirements.


HOLLYWOOD, Fla. -- Concord Camera Corp. ("Concord" or "Company") (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
: LENSE) announced today that on April 11, 2005, the Company received a notice from the Nasdaq Listing Qualifications staff indicating the Company has evidenced compliance with all criteria for continued listing on the Nasdaq National Market, as required by the Nasdaq Listing Qualifications Panel ("the Panel") decision dated February 10, 2005. In accordance with that decision, the Company was required to file, on or before March 31, 2005, its Form 10-Q Form 10-Q

See 10-Q.
 for the quarter ending January 1, 2005, with the Securities and Exchange Commission and Nasdaq. On March 31, 2005, the Company made the requisite filing evidencing compliance with all requirements for continued listing on the Nasdaq National Market. The Panel has determined to continue the listing of the Company's securities on the Nasdaq National Market. Effective with the opening of business on Wednesday, April 13, 2005, the Company's trading symbol Trading symbol

See: Ticker symbol
 will be changed from LENSE to LENS.

About Concord Camera Corp.

Concord Camera Corp., through its subsidiaries, is a global producer of popularly priced, digital, 35mm traditional and single use cameras. Concord markets its cameras under the trademarks POLAROID, CONCORD, CONCORD EYE Q and JENOPTIK. Concord sells and markets its camera products worldwide through direct sales offices in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , Canada, Germany, Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov. , the Peoples Republic of China, the United Kingdom, Japan and France and through independent sales agents. The Polaroid trademark is owned by Polaroid Corporation and is used by Concord under license from Polaroid. CONCORD and CONCORD EYE Q are trademarks and/or registered trademarks of Concord Camera Corp. in the United States and/or other countries. The JENOPTIK trademark is owned by Jenoptik AG and is used by Concord under license from Jenoptik AG. Learn more about Concord Camera Corp. at www.concord-camera.com.

Except for the historical matters contained herein, statements in this press release are forward-looking and are made pursuant to the safe harbor Safe Harbor

1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated.

2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive.
 provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995. Investors are cautioned that forward-looking statements forward-looking statement

A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections.
, including our ability to maintain compliance with Nasdaq listing standards, our ability to meet customer demands and fulfill customer service obligations, anticipated or expected results of the implementation of our strategic plan, including the restructuring plan, additional cost-reductions initiatives and anticipated financial benefits of significantly reducing our reliance on internally designed and manufactured digital cameras and increasing the design, co-development and purchase of digital cameras from contract manufacturers, involve risks and uncertainties which may affect the Company's business and prospects, including the risks discussed under "Risk Factors" and disclosures in the Company's Annual Report on Form 10-K Form 10-K

A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information.


Form 10-K

See 10-K.
 for the fiscal year ended July 3, 2004 and subsequently filed reports including the Second Quarter 10-Q. Any forward-looking statements contained in this press release represent our estimates only as of the date hereof, or as of such earlier dates as are indicated, and should not be relied upon as representing our estimates as of any subsequent date. While we may elect to update forward-looking statements at some point in the future, we specifically disclaim dis·claim  
v. dis·claimed, dis·claim·ing, dis·claims

v.tr.
1. To deny or renounce any claim to or connection with; disown.

2. To deny the validity of; repudiate.

3.
 any obligation to do so, even if our estimates change.
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Geographic Code:1USA
Date:Apr 12, 2005
Words:519
Previous Article:Schaeffer's Market Leaders and Laggards Features Chattem, ShopKo, Electronic Arts, Tektronix and Merit Medical Systems.
Next Article:Pegasus/Heartview Clinical Trial for Heart Disease Screening Device Underway in New York.
Topics:



Related Articles
Concord Camera Corp. Ranked the 20th Fastest-Growing Company On Fortune Magazine's List of "America's 100 Fastest-Growing Companies".
Concord Camera Corp. Ranked the 25th Best Small Company in America On Forbes Magazine's List of "200 Best Small Companies in America".
Concord Camera Corp. Announces Notice from Nasdaq Regarding Potential Delisting.
Concord Camera Corp. Announces the Appeal of Nasdaq Delisting Notice.
Concord Camera Corp. Announces the Filing of Its Quarterly Report on Form 10-Q for the Second Quarter of Fiscal 2005.
Concord Camera Corp. Issues Announcement.
Concord Camera Corp. Announces Notice from Nasdaq Regarding Potential Delisting.
Concord Camera Corp. Announces the Filing of Its Quarterly Report on Form 10-Q for the Third Quarter of Fiscal 2005.
Concord Camera Corp. Issues Announcement.
Concord Camera Corp. Files Form 12b-25 For Fiscal 2005 Form 10-K.

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles