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Tufco Technologies Incorporated


 

Tufco Technologies, Inc. Receives Transfer to NASDAQ Capital Market - Zibb.com

Tufco Technologies, Inc. (Nasdaq:TFCO) today announced that it received approval on October 22, 2009 from The NASDAQ Stock Market to transfer the listing of its common stock from The NASDAQ Global Market to The NASDAQ Capital Market. The Company's common stock will continue to be traded under the symbol "TFCO" and trading of its common stock will be unaffected by this transfer. The transfer to The NASDAQ Capital Market was effective as of the opening of business on October 26, 2009.

The NASDAQ Capital Market is one of three tiers of The NASDAQ Stock Market and is a continuous trading market that operates in substantially the same manner as The NASDAQ Global Market. All companies listed on The NASDAQ Capital Market must meet certain financial requirements and adhere to NASDAQ's corporate governance standards.

This press release may contain forward-looking statements. These statements relate to future events and are subject to risks, uncertainties and assumptions about the Company. These statements are only predictions based on our current expectations and projections about future events. You should not place undue reliance on these statements. Actual events or results may differ materially from any forward-looking statement as a result of various factors and uncertainties. For example, there can be no assurance that we will be able to maintain our listing on any NASDAQ market. Our filings with the Securities and Exchange Commission ("SEC"), including but not limited to our Forms 10-K and 10-Q, and other filings with the SEC, are available at the SEC's website at http://www.sec.gov, and at the company's web site at http://www.tufco.com discuss other important risk factors that may affect our business, results of operations and financial condition. The Company assumes no responsibility to update the forward-looking statements contained in this press release.

This news release was distributed by GlobeNewswire, www.globenewswire.com

SOURCE: Tufco Technologies, Inc.

CONTACT:  Tufco Technologies, Inc.
Michael B. Wheeler, VP and CFO
(920) 336-0054
Fax: (920) 336-9041
P.O. Box 23500
Green Bay, WI 54305-3500

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Tags: business   corporate   market   nasdaq   sec   standards   technology   web  

Companies: Tufco Technologies, Inc. (TFCO)

 

Tufco Technologies, Inc. Receives Notice From NASDAQ - Zibb.com

Tufco Technologies, Inc. (Nasdaq:TFCO) today announced that on September 16, 2009, Tufco Technologies, Inc. received a letter from the NASDAQ Stock Market providing notice that, for 30 consecutive trading days, Tufco's common stock had not maintained a minimum market value of publicly held shares ("MVPHS") of $5 million as required for continued inclusion on The NASDAQ Global Market. For NASDAQ purposes, MVPHS is the market value of Tufco's publicly held shares, which is calculated by subtracting all shares held by officers, directors or beneficial owners of 10% or more of the total shares outstanding. The letter from NASDAQ has no effect on the listing of Tufco's securities at this time.

NASDAQ has provided Tufco Technologies, Inc. 90 calendar days from September 16, 2009, or until December 15, 2009, to regain compliance with the rules. If, at any time before December 15, 2009, the MVPHS is at least $5 million for a minimum of 10 consecutive business days, NASDAQ will provide written notification that Tufco Technologies, Inc. has achieved compliance with Marketplace Rule 5450(b)(1)(C) and Tufco Technologies, Inc.'s shares will continue to trade on The NASDAQ Global Market. If Tufco Technologies, Inc. does not regain compliance by December 15, 2009, the NASDAQ Staff will provide written notification that Tufco Technologies, Inc.'s securities will be delisted. At that time, Tufco Technologies, Inc. may appeal the delisting determination to a NASDAQ Listings Qualifications Panel.

Alternatively, Tufco Technologies, Inc. will make an application to transfer its securities to the NASDAQ Capital Market. Tufco currently meets the requirements for such transfer.

This press release may contain forward-looking statements. These statements relate to future events and are subject to risks, uncertainties and assumptions about the Company. These statements are only predictions based on our current expectations and projections about future events. You should not place undue reliance on these statements. Actual events or results may differ materially. Many factors may cause our actual results to differ materially from any forward-looking statement, including the factors detailed in our filings with the Securities and Exchange Commission ("SEC"), including but not limited to our Forms 10-K and 10-Q, and other filings with the SEC, which are available at the SEC's website at http://www.sec.gov, and at the company's web site at http://www.tufco.com. The Company assumes no responsibility to update the forward-looking statements contained in this press release.

This news release was distributed by GlobeNewswire, www.globenewswire.com

SOURCE: Tufco Technologies, Inc.

CONTACT:  Tufco Technologies, Inc.
Michael B. Wheeler, VP and CFO
(920) 336-0054
Fax: (920) 336-9041
P.O. Box 23500
Green Bay, WI 54305-3500

Read more...

Tags: business   market   nasdaq   sec   securities   technology   trade   web  

Companies: Tufco Technologies, Inc. (TFCO)

 

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Tufco Technologies, Inc. Integrated Manufacturing Services

Tufco Technologies, Inc. is a public company (NASDAQ: TFCO) founded in 1992 with corporate headquarters located in Green Bay, WI. Tufco Technologies, Inc. is comprised of Contract Manufacturing in the Green Bay, WI facility, and Business Imaging in the Newton, NC, facility.

http://www.tufco.com/

Tufco Technologies, Inc. Reaches Important Safety Milestone; One and a Half Million Hours Without a

GREEN BAY, Wis., Dec. 22 /PRNewswire-FirstCall/ -- Tufco Technologies, Inc. (Nasdaq: TFCO) today announced that as of December 15, 2006, its employees had worked over one and a half million consecutive hours without a lost time injury at its Green Bay facility.

http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=ind_focus.story&STORY=/www/story/12-22-2006/0004496059&EDATE=FRI+Dec+22+2006,+10:42+AM

Bloomberg.com: Investment Tools

GREEN BAY, Wis., Aug. 16 /PRNewswire-FirstCall/ -- Tufco Technologies, Inc. (Nasdaq: TFCO), awarded $2,000 in scholarship funds to four dependents of its employees in August.

http://www.bloomberg.com/apps/news?pid=conewsstory&refer=conews&tkr=TFCO:US&sid=acAlTj8_T6ss

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Tufco Technologies, Incorporated - Company Profiles - Resources ...

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Brian Kelly Profile - Forbes.com

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Mr. Kelly has been a director since November 2006. He founded Waverly ... Top Executives at Tufco Technologies, Incorporated

http://people.forbes.com/profile/brian-kelly/81538

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http://www.thestreet.com/quote/TFCO/details/analyst-ratings.html