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QuickDraw007

10/18/16 1:04 PM

#295 RE: QuickDraw007 #294

On October 17, 2016, ITUS Corporation (the “ Company ” ) received formal notice from The NASDAQ Stock Market LLC ( “ Nasdaq ” ) indicating that the Company meets all of the requirements for continued listing on The Nasdaq Capital Market. Accordingly, the Nasdaq compliance matter has been closed.