D. Medical Receives NASDAQ Notification of Non-Compliance With the Minimum $2.5 Million Stockholders' Equity Requirement
D. Medical Industries Ltd. (Nasdaq: DMED) announced today that it received a letter from The NASDAQ Stock Market LLC ("NASDAQ") on May 7, 2012, indicating that based on the Company's stockholders' equity of US$1,137,000, as reported in the Company's Annual Report on Form 20-F for the year ended December 31, 2011, the Company is no longer in compliance with the US$2.5 million minimum stockholders' equity requirement for continued listing on the NASDAQ Capital Market under Listing Rule 5550(b)(1).
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