China's Wowjoint Holdings Limited Received NASDAQ Delisting Notification
Wowjoint Holdings Limited (Nasdaq: BWOW), China's innovative infrastructure solutions provider of customized heavy duty lifting and carrying machinery, announced that the Company received a letter from the Listing Qualification Staff of the NASDAQ Stock Market LLC (the "Staff") on April 13, 2012, indicating that the Company had not paid the listing fee required by NASDAQ Listing Rules 5900. On April 18, 2012, the Company paid the applicable fees in full and thereby regained compliance of NASDAQ Listing Rules 5900.
Wowjoint is a provider of customized heavy duty lifting and carrying machinery used in large scale infrastructure projects such as railway, highway and bridge construction. Wowjoint's main product lines include launching gantries, tyre trolleys, special carriers and marine hoists. The Company's innovative design capabilities have resulted in patent grants and proprietary products. Wowjoint is well positioned to benefit directly from China's rapid infrastructure development by leveraging its extensive operational experience and long-term relationships with established blue chip customers.