06.04.2006 21:25:00
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HealthTronics Receives Notice of Delisting from Nasdaq
According to the notice of delisting, HealthTronics' common stockwill be delisted from the Nasdaq Stock Market on April 12, 2006 unlessHealthTronics requests a hearing before a Nasdaq ListingQualifications Panel in accordance with the applicable NasdaqMarketplace rules. HealthTronics has requested such a hearing for areview of the delisting determination. This request will automaticallystay the delisting of HealthTronics' common stock pending the NasdaqListing Qualifications Panel's review and decision. There can be noassurance, however, that the Nasdaq Panel will grant HealthTronics'request for continued listing.
HealthTronics intends to file its Annual Report on Form 10-K forthe year ended December 31, 2005 as soon as practicable following theresolution of matters related to the restatement described in theCompany's Current Report on Form 8-K filed with the SEC on March 31,2006 and the completion of the audit of its financial statements.
About HealthTronics, Inc.
HealthTronics provides healthcare services primarily to theUrology community, and manufactures and distributes medical devices.The Company also manufactures specialty vehicles used for thetransport of high technology medical devices, broadcast &communications equipment and the Homeland Security marketplace. Formore information, visit www.healthtronics.com.
Statements by HealthTronics' management in this press release thatare not strictly historical, including statements regarding plans,objectives and future financial performance, are "forward-looking"statements that are made pursuant to the safe harbor provisions of thePrivate Securities Litigation Reform Act of 1995. AlthoughHealthTronics believes that the expectations reflected in suchforward-looking statements are reasonable, no assurance can be giventhat the expectations will prove to be correct. Factors that couldcause actual results to differ materially from HealthTronics'expectations include, among others, the existence of demand for andacceptance of HealthTronics' services, economic conditions, the impactof competition and pricing, financing efforts and other factorsdescribed from time to time in HealthTronics' periodic filings withthe Securities and Exchange Commission.
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