Delisting Determination,The Nasdaq Stock Market, LLC,
September 10, 2007, Catuity Inc. The Nasdaq Stock Market, Inc.
(the Exchange) has determined to remove from listing
the common stock of Catuity Inc. (the Company),
effective at the opening of the trading session on
September 20, 2007. Based on a review of the information
provided by the Company, Nasdaq Staff determined
that the Company no longer qualified for listing
on the Exchange pursuant to the following Marketplace
Rule:  4310(c)(14). The Company was notified of the
Staffs determination on August 16, 2007. The Company
did not appeal the Staff determination to the
Listing Qualifications Hearings Panel, and the
Staff determination to delist the Company became
final on August 27, 2007.