Science & Technology
Science and Technology
Science and Technology 
Thu, December 18, 2008
[ Thu, Dec 18th 2008
] - Market Wire
[ Thu, Dec 18th 2008
] - Market Wire
[ Thu, Dec 18th 2008
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[ Thu, Dec 18th 2008
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[ Thu, Dec 18th 2008
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[ Thu, Dec 18th 2008
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[ Thu, Dec 18th 2008
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[ Thu, Dec 18th 2008
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[ Thu, Dec 18th 2008
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[ Thu, Dec 18th 2008
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[ Thu, Dec 18th 2008
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[ Thu, Dec 18th 2008
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[ Thu, Dec 18th 2008
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[ Thu, Dec 18th 2008
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[ Thu, Dec 18th 2008
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[ Thu, Dec 18th 2008
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[ Thu, Dec 18th 2008
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[ Thu, Dec 18th 2008
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[ Thu, Dec 18th 2008
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[ Thu, Dec 18th 2008
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[ Thu, Dec 18th 2008
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[ Thu, Dec 18th 2008
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[ Thu, Dec 18th 2008
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[ Thu, Dec 18th 2008
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[ Thu, Dec 18th 2008
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[ Thu, Dec 18th 2008
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[ Thu, Dec 18th 2008
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[ Thu, Dec 18th 2008
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[ Thu, Dec 18th 2008
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[ Thu, Dec 18th 2008
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[ Thu, Dec 18th 2008
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[ Thu, Dec 18th 2008
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[ Thu, Dec 18th 2008
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[ Thu, Dec 18th 2008
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[ Thu, Dec 18th 2008
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[ Thu, Dec 18th 2008
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[ Thu, Dec 18th 2008
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[ Thu, Dec 18th 2008
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[ Thu, Dec 18th 2008
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[ Thu, Dec 18th 2008
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[ Thu, Dec 18th 2008
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[ Thu, Dec 18th 2008
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[ Thu, Dec 18th 2008
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[ Thu, Dec 18th 2008
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[ Thu, Dec 18th 2008
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[ Thu, Dec 18th 2008
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[ Thu, Dec 18th 2008
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[ Thu, Dec 18th 2008
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[ Thu, Dec 18th 2008
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[ Thu, Dec 18th 2008
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[ Thu, Dec 18th 2008
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[ Thu, Dec 18th 2008
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[ Thu, Dec 18th 2008
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[ Thu, Dec 18th 2008
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[ Thu, Dec 18th 2008
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[ Thu, Dec 18th 2008
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[ Thu, Dec 18th 2008
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[ Thu, Dec 18th 2008
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[ Thu, Dec 18th 2008
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[ Thu, Dec 18th 2008
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[ Thu, Dec 18th 2008
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[ Thu, Dec 18th 2008
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[ Thu, Dec 18th 2008
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[ Thu, Dec 18th 2008
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[ Thu, Dec 18th 2008
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[ Thu, Dec 18th 2008
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[ Thu, Dec 18th 2008
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[ Thu, Dec 18th 2008
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[ Thu, Dec 18th 2008
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[ Thu, Dec 18th 2008
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[ Thu, Dec 18th 2008
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[ Thu, Dec 18th 2008
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[ Thu, Dec 18th 2008
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[ Thu, Dec 18th 2008
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[ Thu, Dec 18th 2008
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[ Thu, Dec 18th 2008
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[ Thu, Dec 18th 2008
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[ Thu, Dec 18th 2008
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[ Thu, Dec 18th 2008
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[ Thu, Dec 18th 2008
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[ Thu, Dec 18th 2008
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[ Thu, Dec 18th 2008
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[ Thu, Dec 18th 2008
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[ Thu, Dec 18th 2008
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[ Thu, Dec 18th 2008
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[ Thu, Dec 18th 2008
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Wed, December 17, 2008
[ Wed, Dec 17th 2008
] - Market Wire
[ Wed, Dec 17th 2008
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[ Wed, Dec 17th 2008
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[ Wed, Dec 17th 2008
] - Bill Williamson
[ Wed, Dec 17th 2008
] - Market Wire
[ Wed, Dec 17th 2008
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[ Wed, Dec 17th 2008
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[ Wed, Dec 17th 2008
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[ Wed, Dec 17th 2008
] - Marty Hinz, MD
[ Wed, Dec 17th 2008
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[ Wed, Dec 17th 2008
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[ Wed, Dec 17th 2008
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[ Wed, Dec 17th 2008
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[ Wed, Dec 17th 2008
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[ Wed, Dec 17th 2008
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[ Wed, Dec 17th 2008
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[ Wed, Dec 17th 2008
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[ Wed, Dec 17th 2008
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[ Wed, Dec 17th 2008
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UCN, Inc.: Announcement Regarding Nasdaq Stock Market Listing Requirements
SALT LAKE CITY, UT--(Marketwire - December 17, 2008) - On December 15, 2008, UCN, Inc. (
-- UCN did not obtain prior stockholder approval of options to purchase 227,500 shares of common stock issued earlier in 2008 outside of UCN's approved stock plans to certain officers and employees, which is required by Marketplace Rule 4350(i)(1)(A); and -- UCN issued without stockholder approval options to purchase 460,000 shares of common stock to certain new employees as an inducement to accept employment with UCN, which is permissible under applicable Nasdaq standards, but did not issue a press release disclosing the issuance of those stock options, which is required by Marketplace Rule 4250(i)(1)(A)(iv).
Earlier in December 2008, UCN acted to remediate the deficiencies by reducing the number of shares of common stock available for awards issuable under its 2008 Equity Incentive Plan by 227,500 shares, or from a total of 1,500,000 shares to 1,272,500 shares, and issued a press release describing the options issued as an inducement to new employees. The December 15, 2008 letter from Nasdaq states that these actions are sufficient to regain compliance with the standards for continued listing described above and that the matter is closed.
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