American Learning Corporation Regains Compliance with Nasdaq Marketplace Rules

American Learning Corporation ALRN announced today that it received notice from The Nasdaq Stock Market LLC on July 19, 2012 indicating that the Company has regained compliance with Nasdaq Listing Rule 5550(a)(2) relating to the minimum bid price of the Company's common stock. On June 1, 2012, the Company had received a deficiency letter from Nasdaq indicating that the Company's Shares were subject to delisting from The Nasdaq Capital Market because for 30 consecutive business days the Company's Shares had a bid price below the $1.00 minimum bid as required for continued listing.