eMagin Files Plan with NYSE Amex to Regain Compliance

eMagin Corporation, a leader in the development, design and manufacture of active matrix OLED microdisplays for high resolution imaging products, announced that on Sept. 2, 2011, it filed a plan with the NYSE Amex LLC as required, to regain compliance with the Exchange’s continued listing standards, specifically Sections 134 and 1101.

On Aug. 23, 2011, eMagin received a deficiency letter from the Exchange notifying the Company that because it has not yet filed its 10-Q for the quarter ended June 30, 2011, with the Securities and Exchange Commission, which it was required to file by Aug. 22, 2011, it was not in compliance with Sections 134 and 1101 of the NYSE Amex Company Guide.

The company expects that its 10-Q for the quarter ended June 30, 2011, will be filed with the Securities and Exchange Commission in the next few weeks, well ahead of the Nov. 23, 2011 deadline, and that it will regain full compliance with the Exchange’s continued listing rules.