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Pixelplus Regains Compliance with Nasdaq Marketplace Rule 4450(a)(5)

Posted : Thu, 15 May 2008 12:15:32 GMT
Author : TAYLOR RAFFERTY
Category : Press Release
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SEOUL, South Korea, May 15 Pixelplus-compliance
SEOUL, South Korea, May 15 /PRNewswire-FirstCall/ -- Pixelplus Co., Ltd. (Nasdaq: PXPL), a fabless semiconductor company in Korea that designs, develops, and markets CMOS image sensors for various consumer electronics applications, today announced that the Company received a bid price compliance letter from Nasdaq stating that the Company has regained compliance with the minimum $1.00 per share requirement under Nasdaq Marketplace Rule 4450(a)(5).
About Pixelplus Co., Ltd.
Pixelplus is a South Korea-based developer of high-performance, high-resolution, and cost-effective CMOS image sensors for use primarily in mobile camera phones. In addition to mobile phones, Pixelplus provides CMOS image sensors and SoC solutions for use in webcams and notebook embedded cameras, toys and games, and security and surveillance system applications. As a fabless semiconductor company, Pixelplus is focused on creating proprietary design technologies to develop CMOS image sensors with sharp, colorful and enhanced image quality, size efficiency, and low power consumption.
 Contact:
 Shane Y. Hong
 Pixelplus Co., Ltd.
 6th Floor, Gyeonggi R&DB Center
 906-5 Iui-dong, Yeongtong-gu
 Suwon-si, Gyeonggi-do, 443-766
 Republic of Korea
 +82-31-888-5300

 OR

 Taylor Rafferty:
 London - Emilia Whitbread at +44 (0) 20 7614 2900
 New York - Allon Bloch at +1 212 889 4350
 Tokyo - Jason Wagers at +81 (0) 3 3221 9513
 E-mail pixelplus@taylor-rafferty.com
SOURCE Pixelplus Co., Ltd.

Copyright © 2008 PR Newswire. All rights reserved.




Article : Pixelplus Regains Compliance with Nasdaq Marketplace Rule 4450(a)(5)
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