Lumera Corporation Receives NASDAQ Notification

Lumera Corporation (NASDAQ: LMRA), a leader in the field of photonic communications, announced today it had received notice from The NASDAQ Stock Market stating that the Company’s stockholders’ equity at March 31, 2008 of $9,001,000 was less than the $10 million minimum in stockholders’ equity required for continued listing on The NASDAQ Global Market under Marketplace Rule 4450(a)(3). This notification, which was received in a letter dated May 16, 2008, is a standard communication when stockholders’ equity is less than the $10 million minimum requirement. The letter has no immediate effect on the listing of the Company’s common stock at this time.

Source: Lumera