Register.com Returns to Compliance with Nasdaq Listing Requirements.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- Register.com, Inc. (Nasdaq: RCOME) announced today that it received notification from Nasdaq stating that the Company has returned to compliance with Nasdaq marketplace regulations and will remain listed on Nasdaq as a result of the Company's Form 10-Q Form 10-Q See 10-Q. filing for the quarter ended March 31, 2005. Accordingly, the Company's ticker symbol Ticker Symbol An arrangement of characters (usually letters) representing a particular security listed on an exchange or otherwise traded publicly. When a company issues securities to the public marketplace, it selects an available ticker symbol for its securities which investors will be restored to RCOM RCOM En Route Communications RCOM Recovery Communication as of the opening of trading on Thursday, June 9, 2005. About Register.com Register.com, Inc. (www.register.com) is a leading provider of global domain name registration and Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the services for businesses and consumers that wish to have a unique address and branded identity on the Internet. With approximately three million domain names under management, Register.com has built a brand based on quality domain name management services for small and medium sized businesses, large corporations, as well as ISPs, telcos and other online businesses. The company was founded in 1994 and is based in New York. Statements in this announcement other than historical data and information constitute 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. , and involve risks and uncertainties that could cause actual results to differ materially from those stated or implied by such forward-looking statements. These potential risks and uncertainties include, among others, uncertainty of future revenue and profitability from existing businesses, increasing competition across all segments of the domain name registration business, risks associated with high levels of credit card chargebacks and refunds, uncertainty regarding the introduction and success of new top level domains, customer acceptance of new products and services offered in addition to, or as enhancements of our registration services, uncertainty of regulations related to the domain registration business and the Internet generally, the rate of growth of the Internet and domain name industry, risks associated with any extraordinary transactions we may pursue, uncertainty regarding our identified material weaknesses and the potential identification of additional control deficiencies as material weaknesses, uncertainty regarding our ability to comply with Nasdaq listing requirements Listing requirements Requirements, including minimum shares outstanding, market value, and income, that are laid down by an exchange for any stock to be listed for trading. , and other factors detailed in our filings with the Securities and Exchange Commission, including the Company's Annual Report on Form 10-Q for the quarter ended March 31, 2005. irfin |
|
||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion