Orsus Xelent Notified It Is Subject to Delisting on the NYSE Amex and Is Pursuing an Appeal to the Exchange
NEW YORK, NY — (Marketwire) — 07/20/11 — (NYSE Amex: ORS) reported today that on July 14, 2011 the Company received a letter from the NYSE Amex LLC (the "Exchange") staff indicating it is no longer in compliance with the Exchange-s continued listing standards as described below and its securities are therefore subject to being delisted from the Exchange. In response to this, the Company said it is taking the steps necessary to request a hearing before a committee of the Exchange