Lumera Corporation Announces Receipt of Letter from The NASDAQ Stock Market Regarding Non-Compliance With the Minimum Bid Price Requirement

Lumera Corporation (NASDAQ:LMRA), a leader in the field of photonic communications, announced today that on August 14, 2008 it received a letter from The NASDAQ Stock Market indicating that for the last 30 consecutive business days the bid price of its common stock has closed below the minimum $1.00 per share requirement for continued inclusion under Marketplace Rule 4450(a)(5). This notification has no immediate effect on the listing of or the ability to trade Lumera’s common stock on The NASDAQ Global Market.

Source: Lumera Corp.