PreVu, Incorporated Announces Receipt of Nasdaq Notice of Delisting; Trading Suspension...

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Thu Jul 31, 2008 5:42pm EDT

PreVu, Incorporated Announces Receipt of Nasdaq Notice of Delisting; Trading Suspension Effective August 4, 2008

MINNEAPOLIS--(Business Wire)--
PreVu, Incorporated (Nasdaq: PRVU) announced today that it
received notification from The Nasdaq Stock Market ("Nasdaq") stating
that trading in the Company's common stock on the Nasdaq Global Market
will be suspended effective at the open of business on Monday, August
4, 2008. The letter also states that the shares will subsequently be
delisted from the Nasdaq Global Market.

   The Company previously disclosed that it failed to comply with
Nasdaq's minimum shareholders' equity requirement, and that it
intended to appeal the Nasdaq delisting determination. On July 30,
2008, the Company decided to withdraw its appeal request since it
would be unable to comply with the minimum shareholders' equity
requirement in the near term.

   The Company expects to be eligible for quotation on the OTC
Bulletin Board, a regulated quotation service that displays real-time
quotes, last sale prices and volume information in over-the-counter
traded securities. However, no assurance can be given that market
makers currently making a market in the Company's common stock will
continue to make a market in the Company's common stock or that the
Company's common stock will continue to be eligible for quotation on
the OTC Bulletin Board. The Company intends to request that current
market makers continue to make markets in the Company's common stock
on the OTC Bulletin Board and/or the Pink Sheets, as the case may be.
The Company anticipates disclosing further trading venue information
for its common stock once such information becomes available.

PreVu, Incorporated
Stacy Kruse, 763-391-4000
Chief Financial Officer and Treasurer

Copyright Business Wire 2008
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