EX-99.25 2 cpcidelistreason.txt Delisting Determination,The Nasdaq Stock Market, LLC, October 7, 2008, Ciprico Inc. The Nasdaq Stock Market, Inc. (the Exchange) has determined to remove from listing the common stock of Ciprico Inc. (the Company), effective at the opening of the trading session on October 17, 2008. Based on a review of the information provided by the Company, Nasdaq Staff determined that the Company no longer qualified for listing on the Exchange pursuant to Marketplace Rule 4310(c)(14). The Company was notified of the Staffs determinations on May 21, 2008. The Company requested a review of the Staffs determination before the Listing Qualifications Hearings Panel. After the hearing, the Company filed a petition for protection from bankruptcy under Chapter 11 of the Bankruptcy Code, and was notifiedy by Staff, on July 29, 2008, that it no longer qualified for listing on the Exchange pursuant to Marketplace Rule 4330(a)(1). Upon review of the information provided by the Company, the Panel determined that the Company did not qualify for inclusion on the Exchange based on its failure to comply with the following Marketplace Rules: 4310(c)(14) and 4330(a)(01). The Company was notified of the Panels decision on July 30, 2008 and trading in the Companys securities was suspended on August 1, 2008. The Company did not request a review of the Panels decision by the Nasdaq Listing and Hearing Review Council. The Listing Council did not call the matter for review. The Panels Determination to delist the Company became final on September 15, 2008.