Winland Electronics Announces Receipt of Stock Exchange Compliance Notice
Winland Electronics, Inc. (NYSE: WEX) announced that it received a notice from NYSE Amex LLC (the “Exchange”) indicating that Winland is not in compliance with certain of the Exchange's continued listing standards as set forth in Part 10 of the Exchange's Company Guide (the “Company Guide”), and Winland has therefore become subject to the procedures and requirements of Section 1009 of the Company Guide. Specifically, Winland was cited by the Exchange for noncompliance with the following section of the Company Guide:
Section 1003(a)(iii) – stockholder's equity of less than $6,000,000 and losses from continuing operations and/or net losses in Winland's five most recent fiscal years.
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