IEC Electronics Corp. Regains NYSE MKT Listing Compliance

IEC Electronics Corp. Regains NYSE MKT Listing Compliance 
NEWARK, NY -- (Marketwired) -- 07/11/13 --  IEC Electronics Corp.
(NYSE MKT: IEC) announced today that it had received notice from NYSE
Regulation dated July 9, 2013 that the Company is now considered to
have regained compliance with the listing requirements of the NYSE
MKT, LLC. 
In the letter from the listing Exchange, IEC was informed that based
upon a review of publicly available information, the Company has
resolved the continued listing deficiency with respect to Sections
134 and 1101 of the NYSE MKT LLC Company Guide. In addition, the
Exchange also indicated that as is the case for all listed issuers,
the Company's continued listing eligibility will continue to be
assessed on an on-going basis. To the Company's knowledge, no further
action is required with respect to this matter at this time.  
About IEC Electronics
 IEC Electronics Corporation is a premier
provider of electronic manufacturing services ("EMS") to advanced
technology companies primarily in the military and aerospace,
medical, industrial and communications sectors. The Company
specializes in the custom manufacture of high reliability, complex
circuit cards, system level assemblies, a wide array of custom cable
and wire harness assemblies, precision sheet metal products, and
advanced research and testing services. As a full service EMS
provider, IEC is a world-class ISO 9001:2008, AS9100 and ISO13485
certified company. The AS9100 certification enables IEC to serve the
military and commercial aerospace markets. The ISO13485 certification
supports the quality requirements of medical device markets. The
Company is also AC7120 Nadcap accredited for electronics
manufacturing to support the most stringent quality requirements of
the aerospace industry, as well as ITAR registered and NSA approved
under the COMSEC standard. Dynamic Research and Testing Laboratories
(DRTL), the Company's newest business unit, is an ISO 17025
accredited laboratory specializing in the testing and detection of
counterfeit electronic parts, as well as component risk mitigation
and advanced failure analysis. IEC Electronics is headquartered in
Newark, NY (outside of Rochester) and also has operations in
Rochester, NY, Albuquerque, NM and Bell Gardens, CA. Additional
information about IEC can be found on its web site at
www.iec-electronics.com.  
This release contains certain statements that are, or may be deemed
to be, forward-looking statements within the meaning of section 27A
of the Securities Act of 1933 and section 21E of the Securities
Exchange Act of 1934, and are made in reliance upon the protections
provided by such Acts for forward-looking statements. These
forward-looking statements (such as when we describe what we
"intend," "expect," "anticipate" or "estimate" will occur, and other
similar statements) include, but are not limited to, all statements
that are not based on historical fact, but rather reflect our current
expectations concerning future results and events. The ultimate
correctness of these forward-looking statements is dependent upon a
number of known and unknown risks and events and is subject to
various uncertainties and other factors that may cause our actual
results, performance or achievements to be different from any future
results, performance or achievements expressed or implied by these
statements. Specific risks and uncertainties include, but are not
limited to, those set forth in the "Risk Factors" section of the
Company's latest Annual Report on Form 10-K/A and subsequent
Quarterly Reports on Form 10-Q/A and Form 10-Q. Additional risks and
uncertainties resulting from the restatement of our financial
statements included in our Quarterly Report on Form 10-Q/A for the
quarter ended December 28, 2012 and our Annual Report on Form 10-K/A
for the fiscal year ended September 30, 2012 could, among others, (i)
cause us to incur substantial additional legal, accounting and other
expenses, (ii) result in additional shareholder, governmental or
other actions, (iii) cause our customers, including the government
contractors with which we deal, to lose confidence in us or cause a
default under our contractual arrangements, (iv) cause a default
under the Company's arrangements with M&T Bank with respect to which,
if the Bank chooses to exercise its remedies, the Company may not be
able to obtain replacement financing or continue its operations, (v)
result in delisting of the Company's stock from the Exchange if the
Company fails to meet any Exchange listing standard, or fails to
comply with its listing agreement with the Exchange, during the
twelve months ending July 9, 2014 or (vi) result in additional
failures of the Company's internal controls if the Company's
remediation efforts are not effective. Any one or more of such risks
and uncertainties could have a material adverse effect on us or the
value of our common stock. 
We undertake no obligation to publicly update any forward-looking
statements, whether as a result of new information, future events, or
otherwise. 
Contact:
John Nesbett/Jennifer Belodeau
Institutional Marketing Services (IMS)
(203) 972-9200
jnesbett@institutionalms.com