Occam Announces Compliance with NASDAQ Listing Requirements
SANTA BARBARA, Calif. – Occam Networks, Inc. (NASDAQ: OCNW) today announced that, following the filing with the Securities and Exchange Commission (“SEC”), on October 16, 2007 of its Annual Report on Form 10-K for the year ended December 31, 2006 and its Quarterly Reports on Form 10-Q for the fiscal quarters ended March 31, 2007 and June 30, 2007, it received written confirmation, dated October 18, 2007, from the NASDAQ Listing Qualifications Panel stating that the Company has demonstrated substantial compliance with all NASDAQ Marketplace Rules for continued listing of the Company’s common stock on the NASDAQ Stock Market (“NASDAQ”). The Company’s periodic filings with the SEC are now current and this confirmation completes NASDAQ’s review of this matter.
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