Extension of Time to Cure $1 Bid Price Deficiency
BEIJING, May 31, 2013 (GLOBE NEWSWIRE) -- Zoom Technologies, Inc.
(Nasdaq:ZOOM) (the "Company"), today announced that it has received notice
from NASDAQ dated May 29, 2013 that the Company is eligible for an additional
180 calendar days, or until November 25, 2013, to regain compliance regarding
the minimum $1 bid price per share requirement.
About Zoom Technologies
Zoom Technologies is a holding Company with a subsidiary that engages in the
distribution of cellular service and products in the U.S.
CONTACT: Investor Contact:
Investor Relations Coordinator
Zoom Technologies, Inc.
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