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Re: ctguy13 post# 99044

Tuesday, 08/14/2007 3:39:19 PM

Tuesday, August 14, 2007 3:39:19 PM

Post# of 202893
This is what happens when AF`s are not correct
DOW JONES NEWSWIRES
Merge Technologies Inc. (MRGE), doing business as Merge Healthcare, said it received a Nasdaq delisting notice and also indicated the company must correct an error in how it has recognized revenue from certain software and maintenance contracts dating back to before 2004.
Merge, a Milwaukee-based supplier software and hardware supplier, said it will need to restate its financial reports for 2004, 2005, 2006 and the first quarter of 2007, as well as its 2006 annual report.
The company, which said the error is not the result of employee impropriety, said it doesn't yet know the impact of the restatement.
Merge received the Nasdaq notice because it hadn't filed its second-quarter report on time. It intends to request a hearing before Nasdaq's listing qualifications panel to review the case.

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