Mer Telemanagement Solutions Regains NASDAQ Compliance

Mer Telemanagement Solutions Ltd. (Nasdaq: MTSL) today announced that on November 15, 2010, it received a notice from The NASDAQ Stock Market stating that the minimum market value of its publicly held shares had been $1,000,000 or greater for 10 consecutive business days and that the Company had therefore regained compliance with NASDAQ Marketplace Rule 5550(a)(5).

On June 28, 2010, the Company was notified that its ordinary shares had failed to maintain a minimum market value of publicly held shares of $1,000,000 for 30 consecutive business days and was therefore not in compliance with Marketplace Rule 5550(a)(5).