Digital Angel stock suspended from NASDAQ

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Via News Release

Digital Angel Corporation (NASDAQ:DIGA), an advanced technology company in the field of animal identification and emergency identification solutions, today announced trading in its common stock on the NASDAQ will be suspended prior to the opening of trading on Tuesday, October 5, 2010. Beginning with the opening of trading at 9:30 AM EDT on Tuesday, October 5, 2010, the Digital Angel common stock will trade under the symbol “DIGA” on the OTC Bulletin Board (“OTCBB”) market. The Company reported that it elected not to further appeal the most recent NASDAQ Listing Qualifications Panel (the “Panel”) determination to delist the Company’s securities from NASDAQ, as a result of the Company’s non-compliance with the minimum $1.00 per share closing bid price requirement set forth in NASDAQ Listing Rule 5550(a)(2), which was received today.”

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