NASDAQ Panel Grants Dell’s Request for Continued Listing

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January 25th, 2007 Leave a comment Visited 22 times, 1 so far today

NASDAQ Panel Grants Dell’s Request for Continued Listing

Dell Inc. today announced that the NASDAQ Listing Qualifications Panel has granted the company’s request for continued listing on The NASDAQ Stock Market, subject to the following conditions: The company must provide NASDAQ with certain information regarding the previously announced Audit Committee investigation by March 1, 2007, and file its delinquent periodic reports, along with any required restatements of prior financial statements, by March 14, 2007.

The company anticipates that it will be able to provide NASDAQ with the requested information by the March 1 deadline. The company is working diligently to file the delinquent reports with the SEC as soon as possible, but does not expect that it will be able to do so by March 14. The company plans to ask the NASDAQ Listing and Hearing Review Council for additional time to file these periodic reports, but there can be no assurance that the Council will grant the company’s request.

About Dell:Dell Inc. (NASDAQ: DELL) listens to customers and delivers innovative technology and services they trust and value. Uniquely enabled by its direct business model, Dell sells more systems globally than any other computer company, placing it No. 25 on the Fortune 500. For more information, visit www.dell.com. To get Dell news direct, visit www.dell.com/RSS

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