Tech News: Intellilgent Systems Resolves Listing Deficiency
April 21, 2010 (FinancialWire) — Intelligent Systems Corp. (AMEX: INS) has received confirmation from the NYSE AMEX LLC that the company has resolved the continued listing deficiency cited in a letter from the exchange on December 18, 2008.
As previously disclosed, the company submitted a plan, which was accepted by the exchange, outlining its plan to achieve compliance with the continued listing standards of the exchange by June 18, 2010.
The company's continued listing eligibility will be assessed on an ongoing basis in accordance with the Exchange rules.
For over thirty years, Intelligent Systems Corp. has identified, created, operated and grown early stage technology companies. The company has operations and investments in the information technology and industrial products industries. The company's principal majority-owned subsidiaries are CoreCard Software, Inc. (www.corecard.com), a provider of software and services for prepaid and credit card processing, and ChemFree Corp. (www.chemfree.com), a leader in bioremediating parts washer equipment and supplies.
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