Syntax-Brillian receives additional Nasdaq delisting notice

By Jennifer Lanning Drey

Portland, Ore., July 14 - Syntax-Brillian Corp. received a Nasdaq staff determination letter stating that the company's Chapter 11 filing serves as an additional basis for delisting the company's securities, according to a company news release.

The company does not intend to appeal or respond to the determination.

The Nasdaq listing qualifications panel is scheduled to consider the record presented at an April 3 hearing related to the company's inability to timely file its forms 10-Q for the quarters ended Dec. 31, 2007 and March 31. The panel will make its determination based on that information, according to the release.

Syntax-Brillian is a Tempe, Ariz.-based designer, developer and distributor of LCD HDTVs, digital cameras and microdisplay entertainment products. The company filed for bankruptcy on July 8. Its Chapter 11 case number is 08-11407.

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