MACC Private Equities Inc. Announces Delinquency Notification Letter (MACC)

On August 24, 2010, MACC Private Equities Inc.MACC received a Nasdaq Staff Delinquency Letter indicating that the Company is not in compliance with the filing requirements under Nasdaq Marketplace Rule 5250(c)(1) since the Company's Form 10-Q for the period ended June 30, 2010 has not yet been reviewed in accordance with Statement of Accounting Standards No. 100. The Company now has 60 calendar days (or until October 25, 2010) to submit a plan to regain compliance.