Syntax-Brillian Corp (MM) (NASDAQ:BRLC)
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Syntax-Brillian Corporation (Nasdaq:BRLC), a leading manufacturer and
marketer of LCD HDTVs, digital cameras and consumer electronics
products, today announced that on July 18, 2008, it received a letter
from the Nasdaq Stock Market stating that the Company’s
previously reported Nasdaq listing violations and its July 8, 2008
filing for protection under Chapter 11 of the U.S. Bankruptcy Code
served as a basis for delisting its securities.
The Nasdaq Listing Qualifications Hearings Panel has determined to
delist the company’s stock from the Nasdaq
Stock Market and will suspend trading of the stock at the open of
business on Tuesday, July 22, 2008. The Company does not intend to
appeal the Nasdaq Listing Qualifications Hearings Panel’s
decision.
About Syntax-Brillian:
Syntax-Brillian Corporation (www.syntaxbrillian.com)
is one of the world's leading manufacturers and marketers of LCD HDTVs,
digital cameras, and consumer electronics products. The Company's lead
products include its Olevia(TM) brand (www.Olevia.com)
high-definition widescreen LCD televisions -- one of the fastest growing
global TV brands -- and Vivitar brand (www.vivitar.com)
digital still and video cameras. Syntax-Brillian has built an Asian
supply chain coupled with an international manufacturing and
distribution network to support worldwide retail sales channels and
position the Company as a market leader in consumer digital
entertainment products.
Brillian and Vivitar are trademarks or registered trademarks of
Syntax-Brillian Corporation. All other trademarks are the property of
their respective owners.