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Published on 8/10/2006 in the Prospect News Biotech Daily.

Adeza remedies issue of non-compliance with Nasdaq

By Elaine Rigoli

Tampa, Fla., Aug. 10 - Adeza Biomedical Corp. said the Nasdaq told the company that the recent appointment of C. Gregory Vontz, an independent member of the company's board of directors, to the company's audit committee has restored the company's compliance with Nasdaq rules.

The company had previously received a letter from the Nasdaq informing the company that, due to the resignation of Nancy D. Burrus from the board of directors, Adeza was no longer in compliance with Nasdaq rules that require that the company's audit committee have at least three independent directors.

Based in Sunnyvale, Calif., Adeza is a medical technology company.


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