8x8 Receives NASDAQ Notification Related to Minimum Bid PriceSANTA CLARA, Calif., Aug. 25 /PRNewswire-FirstCall/ -- 8x8, Inc. (NASDAQ: EGHT), provider of Packet8 broadband Voice over Internet Protocol (VoIP) and videophone communications services, today announced that it received written notice on August 24, 2006 from The NASDAQ Stock Market indicating that the Company is not in compliance with the $1.00 minimum bid price requirement for continued listing on the NASDAQ Capital Market, as set forth in Marketplace Rule 4320(e)(2)(E)(i), and that the Company will be provided 180 calendar days, or until February 20, 2007, to regain compliance. The notice has no effect on the listing of 8x8's common stock at this time, and its common stock will continue to trade on the NASDAQ Capital Market under the symbol "EGHT".
To regain compliance, the Company's common stock must close at $1.00 or higher for a minimum of 10 consecutive business days within that stated 180 day period. If the Company is not in compliance with the Rule by February 20, 2007, the Company may be afforded a second 180 calendar day grace period provided it satisfies the NASDAQ Capital Market initial listing criteria (except for the bid price requirement), as set forth in Marketplace Rule 4320(e). If 8x8 does not regain compliance within the allotted compliance period(s), including any extensions that may be granted by NASDAQ, the Company's common stock will be subject to delisting from the NASDAQ Capital Market. 8x8 would then be entitled to appeal the NASDAQ Staff's determination to a NASDAQ Listing Qualifications Panel, and request a hearing. All about Our fancy algorithm says this stuff is related... Packet8 Virtual Office Ranked Most Popular SMB Hosted VoIPSANTA CLARA, Calif., May 17 /PRNewswire-FirstCall/ -- 8x8, Inc. (NASDAQ: EGHT), provider of Packet8 residential, business and video Voice over Internet Protocol (VoIP) phone services, today announced that a recent report by telecom research firm AMI Partners ranked its Packet8 Virtual Office service as the #1 hosted VoIP phone system choice by U.S. based small and medium sized businesses. According to the SMB Interest Perks Up in Hosted VoIP...Packet8 Virtual Office VoIP Phone Services to U.S. Army InstallationSANTA CLARA, Calif., March 29 /PRNewswire-FirstCall/ -- 8x8, Inc. (NASDAQ: EGHT), provider of Packet8 residential, business and video Voice over Internet Protocol (VoIP) phone services, today announced it will be providing Packet8 Virtual Office VoIP hosted PBX phone services to a United States Army installation. The agreement, which represents 8x8's first U.S. government contract, calls for the installation of 15 Packet8 Virtual Office... Packet8 now offers international virtual numbersSAN JOSE, Calif., 2007 Spring VON Conference, March 21 /PRNewswire- FirstCall/ -- 8x8, Inc., provider of Packet8 broadband Voice over Internet Protocol (VoIP) and videophone communication services, today announced the availability of International Virtual Direct Inbound Dial (DID) numbers with area codes from nine European countries. With these International Virtual Numbers, Packet8 residential and business subscribers can create a "virtual...8x8, Inc. Now Shipping Packet8 Tango Video Terminal AdapterSAN JOSE, Calif., March 20 /PRNewswire-FirstCall/ -- 2007 SPRING VON CONFERENCE -- 8x8, Inc. (NASDAQ: EGHT), provider of Packet8 broadband Voice over Internet Protocol (VoIP) and videophone communication services, today announced it has begun shipping its recently introduced Packet8 Video Terminal Adapter, a one-of-a-kind broadband phone adapter with a built-in LCD screen that turns any regular home phone into a state-of-the-art, full motion...8x8 Inc. Chairman and CEO to Speak at the B. Riley and Co. 8th Annual Las Vegas Investor ConferenceSANTA CLARA, Calif., Feb. 28 /PRNewswire-FirstCall/ -- 8x8, Inc. (NASDAQ: EGHT), provider of Packet8 broadband Voice over Internet Protocol (VoIP) and videophone communication services, today announced that its Chairman and CEO Bryan R. Martin will speak at the B. Riley & Co. 8th Annual Las Vegas Investor Conference on Tuesday, March 13, 2007 at 9:15 a.m. The three day conference, to be held at the Palms Casino Resort in Las Vegas, will...8x8 Partners with World Telecom Group to Offer Packet8 VoIP ServicesLAS VEGAS, Jan. 11 /PRNewswire-FirstCall/ -- 2007 CONSUMER ELECTRONICS SHOW -- 8x8, Inc. (NASDAQ: EGHT), provider of the Packet8 residential, business and video Voice over Internet Protocol (VoIP) phone services, today announced it has signed a master reseller agreement with World Telecom Group (WTG), a premier master agent of telecommunication services catering to the lucrative small to medium sized business (SMB) marketplace. "As more and... |
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