Delisting Determination,The Nasdaq Stock Market, LLC,
May 7, 2009, BPO Management Services, Inc. The Nasdaq Stock
Market, Inc. (the Exchange) has determined to remove from
listing the common stock of BPO Management Services, Inc.
(the Company), effective at the opening of the
trading session on May 18, 2009. 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 Marketplace Rule
5450(a)(2). (That Marketplace Rule was enumerated as
4310(c)(4) at the time of the determination.)
The Company was notified of the Staffs determination
on September 18, 2008. On January 12, 2009, staff notified the
Company that it was subject to delisting for an additional
deficiency pursuant to Marketplace Rule 5110(a).
The Company requested a
review of the Staffs determination before the Listing
Qualifications Hearings Panel, but withdrew its
request for a hearing on February 11, 2009 and
trading in the Companys securities was suspended
on February 13, 2009. The Staffs Determination to
delist the Company became final on February 13, 2009.