Distributed Energy Systems Corp. (DESC)

[pigfarmer5]

WALLINGFORD, Conn., June 12 /PRNewswire-FirstCall/ -- On June 6, 2008, Distributed Energy Systems Corp. NASDAQ: DESC received a Staff Determination Letter from The Nasdaq Stock Market ("Nasdaq") indicating that, as a result of Distributed Energy Systems' filing for protection under Chapter 11 of the U.S. Bankruptcy Code, Nasdaq has determined that Distributed Energy Systems' securities will be delisted from Nasdaq in accordance with the discretionary authority granted to Nasdaq under Marketplace Rules 4300 and IM-4300.

Distributed Energy Systems does not intend to appeal this determination, and, as a result, trading of Distributed Energy Systems' common stock will be suspended at the opening of business on June 17, 2008, and a Form 25-NSE will be filed with the Securities Exchange Commission to remove Distributed Energy Systems' securities from listing and registration on Nasdaq.