-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, OCD8ApWG3+KC2t135OgBurtKe5HX4t5mqNDlMvzYosmIfs7iIQMofgCYd3F35Ab4 NVjZBcCVYZ3fr7K9jleSEQ== 0001104659-03-025165.txt : 20031107 0001104659-03-025165.hdr.sgml : 20031107 20031107172107 ACCESSION NUMBER: 0001104659-03-025165 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20031106 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20031107 FILER: COMPANY DATA: COMPANY CONFORMED NAME: INTRUSION INC CENTRAL INDEX KEY: 0000736012 STANDARD INDUSTRIAL CLASSIFICATION: COMPUTER COMMUNICATIONS EQUIPMENT [3576] IRS NUMBER: 751911917 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-20191 FILM NUMBER: 03986118 BUSINESS ADDRESS: STREET 1: 1101 ARAPAHO ROAD CITY: RICHARDSON STATE: TX ZIP: 75081 BUSINESS PHONE: 9722346400 MAIL ADDRESS: STREET 1: 1101 ARAPAHO ROAD CITY: RICHARDSON STATE: TX ZIP: 75081 FORMER COMPANY: FORMER CONFORMED NAME: INTRUSION COM INC DATE OF NAME CHANGE: 20000601 FORMER COMPANY: FORMER CONFORMED NAME: ODS NETWORKS INC DATE OF NAME CHANGE: 19970507 FORMER COMPANY: FORMER CONFORMED NAME: OPTICAL DATA SYSTEMS INC DATE OF NAME CHANGE: 19950517 8-K 1 a03-5034_18k.htm 8-K

 

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C.  20549

 


 

FORM 8-K

 

CURRENT REPORT

Pursuant to
Section 13 or 15(d) of the
Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported):                                   November 6, 2003

 

INTRUSION INC.

(Exact Name of Registrant as Specified in Its Charter)

 

Delaware

 

000-20191

 

75-1911917

(State of Other Jurisdiction of
Incorporation)

 

(Commission
File Number)

 

(IRS Employer
Identification No.)

 

 

 

 

 

1101 East Arapaho Road, Richardson, Texas

 

 

 

75081

(Address of Principal Executive Offices)

 

 

 

(Zip Code)

 

 

 

 

 

(972) 234-6400

(Registrant’s Telephone Number, Including Area Code)

 

 

 

 

 

NOT APPLICABLE

(Former Name or Former Address, if Changed Since Last Report)

 

 



 

Item 5.                                   Other Events.

 

On November 6, 2003, we received a notification from Nasdaq that we had failed to regain compliance with the minimum $1.00 bid requirement set forth in Marketplace Rule 310(c)(4) by November 5, 2003 and that Nasdaq would delist our common stock from the Nasdaq SmallCap Market at the close of business on November 17, 2003.  On November 7, 2003, we issued a press release announcing that we intend to appeal the Nasdaq delisting notification.  A copy of such press release is attached hereto as Exhibit 99.1.

 

Item 7.                                   Financial Statements, Pro Forma Financial Information and Exhibits.

 

(c)  Exhibits.

 

99.1                                                   Text of press release of the registrant, dated November 7, 2003, announcing that it will appeal Nasdaq delisting notification.

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

INTRUSION INC.

 

 

 

 

Dated:  November 7, 2003

By:

/s/

Michael L. Paxton

 

 

 

Michael L. Paxton

 

 

Chief Financial Officer

 

2



 

EXHIBIT INDEX

 

Exhibit No.

 

Description of Exhibit

 

 

 

99.1

 

 

Text of press release of the registrant, dated November 7, 2003, announcing that it will appeal Nasdaq delisting notification.

 

3


EX-99.1 3 a03-5034_1ex99d1.htm EX-99.1

Exhibit 99.1

 

NEWS RELEASE

 

 

 

1101 East Arapaho Road

 

 

Richardson TX 75081 USA

 

 

+1 (972) 234-6400 main

 

 

Financial Contact

Michael L. Paxton, VP, CFO
972.301.3658, mpaxton@intrusion.com

 

Media Contact

Ryon Packer, VP
972.664.8072, rpacker@intrusion.com

 

Intrusion Inc. to Appeal Nasdaq Delisting Notification

 

Richardson, Texas – November 7, 2003 – Intrusion Inc. (NASDAQ: INTZ), (“Intrusion”) today announced that the Nasdaq Listing Qualifications Department has notified the Company that it had not regained compliance with the minimum $1.00 closing bid price per share requirement for continued listing pursuant to Marketplace Rule 4310(c)(4) by November 5, 2003.  As a result, the Company’s securities are subject to delisting from The Nasdaq SmallCap Market effective upon the opening of business on November 17, 2003.

 

Intrusion intends to appeal the Nasdaq Listing Qualifications Department determination before a Nasdaq Listing Qualification Panel.  During the appeals process, the scheduled delisting will be stayed and the Company’s common stock will continue to trade on the Nasdaq SmallCap Market, pending the Panel’s decision.  The hearing date has not been set and is yet to be determined by Nasdaq.  While there can be no assurance that the Company’s request for continued listing on the Nasdaq SmallCap Market will be granted, the Company is exploring all possible avenues to preserve the Nasdaq listing.

 

 

About Intrusion Inc.

 

Intrusion Inc. is a leading global provider of intrusion detection and security solutions for the information-driven economy. Intrusion’s suite of security products for governments and enterprises help protect critical information assets by quickly detecting, analyzing and responding to network- and host-based attacks. The company’s products include the Intrusion SecureNet™ line of leading network intrusion detection and the Intrusion PDS™ security appliances for Check Point Software Technologies’ market-leading VPN-1®/FireWall-1®. For more information, please visit www.intrusion.com.

 

This release, other than historical information, may include forward-looking statements regarding future events or our future performance, including, without limitation, statements relating to our intention to appeal the Nasdaq’s delisting determination and pursue continued Nasdaq listing.  These statements are made under the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and involve risks and uncertainties which could cause actual results to differ materially from those in the forward looking statements, including, without limitation, risks associated with the uncertainty of our planned appeal to the Nasdaq Listing Qualification Panel, our ability to

 

1



 

remain listed on the Nasdaq SmallCap Market, our ability to execute on any proposed compliance plan and our ability to comply with all Nasdaq’s continued listing requirements in the future, as well as other risks and uncertainties identified in our Annual Report on Form 10-K and other filings with the Securities and Exchange Commission.  Copies of these filings can be obtained from our Investor Relations department.

 

2


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