Wind River Responds to Nasdaq Staff Determination Letter.ALAMEDA Alameda (ăləmē`də, –mā`də), city (1990 pop. 76,459), Alameda co., W central Calif., on an island just off the eastern shore of San Francisco Bay; settled 1850, inc. as a city 1884. , Calif. -- Wind River Systems, 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 :WIND), the global leader in Device Software Optimization Device Software Optimization is a concept promoted by Wind River Systems and CMP Publications at dso.com. It refers to a set of toolchains and analysis tools to develop and debug software for embedded systems. (DSO See CSO. ), today announced that it will request a hearing before the Nasdaq Listing Qualifications Panel in response to the Company's receipt of a Nasdaq Staff Determination letter dated September 19, 2006. The letter, which the Company expected, was issued in accordance with standard Nasdaq procedures as a result of the continued delay in the filing of Wind River's Form 10-Q Form 10-Q See 10-Q. for the second quarter ended July 31, 2006 with the Securities and Exchange Commission (SEC). Timely filing of periodic reports with the SEC is a requirement for continued listing under Nasdaq Marketplace Rule 4310(c)(14). Pending a decision by the Panel, Wind River shares will remain listed on 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. . About Wind River Wind River is the global leader in Device Software Optimization (DSO). The company's solutions enable customers to develop and run device software better, faster, at a lower cost and more reliably. Wind River's Workbench, General Purpose Platform and Market-Specific Platforms reduce effort, cost and risk, and optimize quality and reliability at all phases of the device software development process from concept to deployed product. Founded in 1981, Wind River is headquartered in Alameda, California Alameda is a city in Alameda County, California, United States. It is located on a small island of the same name next to Oakland, California in the San Francisco Bay. An additional part of the city is Bay Farm Island, which is adjacent to the Oakland International Airport. , with operations worldwide. To learn more, visit Wind River at http://www.windriver.com. The above contains 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 those related to Wind River's plans to request a hearing before a Nasdaq Listing Qualifications Panel. Words such as "will," "expects," "anticipates," "projects," "intends," "plans," "believes" and "estimates," variations of such words and similar expressions are also intended to identify forward-looking statements. These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those contemplated herein. Factors that could cause or contribute to such differences include, but are not limited to: an adverse determination by the Nasdaq Listing Qualifications Panel, adverse findings in the investigation into Wind River's historical stock option practices, delays in the investigation and the timing of other actions or events related to the Nasdaq letter or Wind River's 10-Q filings, as well as other factors detailed from time to time in the reports Wind River files with the Securities and Exchange Commission in our 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 January 31, 2006, our Quarterly Reports on Form 10-Q and other filings with the SEC. Wind River undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law. Wind River Systems and the Wind River Systems logo are trademarks of Wind River Systems, Inc., and VxWorks and WIND RIVER are registered trademarks of Wind River Systems, Inc. Third party marks and brands are the property of their respective holders. |
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