Delisting Determination,The Nasdaq Stock Market, LLC,
July 28, 2009, DataTrak International, Inc. The Nasdaq Stock
Market, Inc. (the Exchange) has determined to remove from
listing the common stock of DataTrak International, Inc.
(the Company), effective at the opening of the
trading session on August 7, 2009. Based on review of
information provided by the Company, Nasdaq Staff
determined that the Company no longer qualified for
listing on the Exchange pursuant to Listing Rule
5550(b)(1). The Company was notified of the Staffs
determination on December 2, 2008. The Company
requested a review of the Staffs determination before the
Listing Qualifications Hearings Panel. Upon review of the
information provided by the Company, the Panel issed a decision
dated March 17, 2009, granting the Company continued
listing pursuant to an exception
through June 2, 2009. However, the Company did not regain
compliance by that date and on June 2, 2009, the Panel
notified the Company that it did not qualify for inclusion on the
Exchange based on its failure to comply with Listing Rule
5550(b)(1). Trading in the Companys securities was suspended on
June 4, 2009. 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 July 17, 2009.