Cybex International Inc., the manufacturer of exercise equipment, announced that the Nasdaq Stock Market has confirmed that Cybex is now in compliance with all required standards for continued listing on the Nasdaq Global Market.
As previously reported, the company had failed to comply with several Nasdaq listing standards as a result of a product liability judgment which has since been settled, all of which deficiencies have now been cured.
“Cybex is pleased to report that it is in full compliance with the requisite Nasdaq listing standards well before the stated deadlines and in excess of the minimum requirement amounts,” said John Aglialoro, Cybex chairman and CEO. “With these achievements now behind us, we look forward to concentrating our efforts on continuing to build the world’s most innovative and respected fitness products and to bringing value to our shareholders, employees and customers.”
