NASDAQ grants Merge more time to regain compliance

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Merge Technologies has announced that it received a written notification from the NASDAQ Listing Qualifications Panel stating that the panel will continue listing Merge’s common stock on the NASDAQ Stock Market, subject to the filing of its Form 10-Q for the quarter ended June 30, by no later than Jan. 29, 2008.

The Milwaukee-based Merge said it expects to file, on or before Dec. 31.

The company said it has restated audited financial statements for the years ended Dec. 31, 2004, 2005 and 2006, as well as other restated financial information previously included in its annual report on Form 10-K for the year ended Dec. 31, 2006.