Dover Saddlery Receives NASDAQ Notice of Non-Compliance

Dover Saddlery Receives NASDAQ Notice of Non-Compliance 
LITTLETON, MA -- (Marketwired) -- 05/22/13 --  Dover Saddlery, Inc.
(NASDAQ: DOVR), the leading multi-channel retailer of equestrian
products today announced that, on May 17, 2013, it received a
deficiency letter from the Listing Qualifications Department of The
NASDAQ Stock Market. The letter stated that, due to Dover Saddlery's
inability to timely file with the Securities and Exchange Commission
its Quarterly Report on Form 10-Q for the quarterly period ended
March 31, 2013 (the "Dover First-Quarter 10-Q"), Dover Saddlery was
no longer in compliance with NASDAQ Listing Rule 5250(c)(1). Issuance
of such a deficiency letter is standard NASDAQ procedure when a
listed company fails to timely file any of its periodic reports. The
notification on non-compliance has no immediate effect on the listing
or trading of the Company's common stock on the NASDAQ stock market.  
In its press release dated May 15, 2013, the Company informed its
stockholders and the capital markets that its First-Quarter 10-Q
would be filed late; the reasons for the late filing; and its plan to
make this filing on or about May 31, 2013. It supplemented this
explanation with its filing of Form 12b-25 with the SEC on the
following day, May 16, 2013. 
Today's announcement is being made in compliance with Listing Rule
5810(b), which requires prompt disclosure of receipt of a
non-compliance letter. 
About Dover Saddlery, Inc. Dover Saddlery, Inc. (NASDAQ: DOVR) is the
leading multi-channel retailer of equestrian products in the United
States. Founded in 1975 in Wellesley, Massachusetts, by United States
Equestrian team members, Dover Saddlery has grown to become The
Source(R) for equestrian products. Dover offers a broad and
distinctive selection of competitively priced, brand-name products
for horse and rider through catalogs, the Internet and company-owned
retail stores. Dover Saddlery, Inc. serves the English rider and
through Smith Brothers, the Western rider. The Source(R), Dover
Saddlery(R) and Smith Brothers(R) are registered marks of Dover
For more information, please call 1-978-952-8062 or visit 
Forward-Looking Statements 
This press release includes "forward-looking statements" within the
meaning of section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as amended,
including without limitation statements made about the Company's
expected range of any adjustment to net income for fiscal 2012 in its
annual and quarterly financial statements (Affected Statements), and
expected completion date of its filings with the SEC of either the
First-Quarter 10-Q for the first quarter of 2013 or any of the
Affected Statements. All statements other than statements of
historical fact included in this press release regarding the
Company's strategies, plans, objectives, expectations, and future
operating results are forward-looking statements. Although Dover
believes that the expectations reflected in such forward-looking
statements are reasonable at this time, it can give no assurance that
such expectations will prove to have been correct. These
forward-looking statements involve significant risks and
uncertainties, including those discussed in this release and others
that can be found in "Item 1A Risk Factors" of Dover Saddler's Annual
Report on Form 10-K for the fiscal year ended December 31, 2012.
Dover Saddlery is providing this information as of this date and does
not undertake any obligation to update any forward-looking statements
contained in this document as a result of new information, future
events or otherwise. No forward-looking statement can be guaranteed
and actual results may differ materially from those Dover Saddlery
Janet Nittmann
Tel 978-952-8062 x218 
Press spacebar to pause and continue. Press esc to stop.