Asure Software Regains Compliance With NASDAQ Listing Rules
AUSTIN, Texas, Oct. 7, 2013 (GLOBE NEWSWIRE) -- Asure Software (Nasdaq:ASUR)
CEO Pat Goepel announced today that on Oct. 4, 2013, the company received
notice from The Nasdaq Stock Market ("Nasdaq") confirming that Asure has now
regained full compliance with Nasdaq's Marketplace Rule 5550(b) and Rule
"We executed on our plan to raise capital in order to bolster stockholders'
equity. We obtained shareholder approval and now have confirmation from Nasdaq
of our compliance with the listing rules. Nasdaq has deemed this matter closed
and we are happy to have it behind us," said Goepel. "I am proud of our entire
team and we all remain firmly committed to executing on our business
initiatives to drive growth and shareholder value."
About Asure Software
Asure Software, Inc., (Nasdaq:ASUR) headquartered in Austin, Texas, offers
cloud-based time and labor management and workspace management solutions that
enable businesses to control their biggest costs – labor, real estate and
technology – and prepare for the workforce of the future in a highly mobile,
geographically disparate and technically wired work environment. Asure serves
approximately 6,000 clients worldwide and currently offers two main product
lines: AsureSpace™ workplace management solutions enable organizations to
maximize the ROI of their real estate, and AsureForce^® time and labor
management solutions deliver efficient management of human resource and
payroll processes. For more information, please visit www.asuresoftware.com
The Asure Software, Inc. logo is available at
Cautionary Note Regarding Forward Looking Statements
This release may contain forward-looking statements that involve risks and
uncertainties. Any forward-looking statements and all other statements that
may be made in this news release that are not historical facts are subject to
a number of risks and uncertainties, and actual results may differ materially.
Please refer to Asure Software's filings with the Securities and Exchange
Commission (SEC) for more information on the risk factors that could cause
actual results to differ. Copies for Asure Software's filing are available
from the SEC, may be found on Asure Software's website, or may be obtained
upon request from Asure Software.
CONTACT: Jennifer Crow
Asure Software, Inc.
Asure Software, Inc. Logo
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