NEW YORK, Oct. 31, 2006 (PRIMEZONE) -- The NASDAQ Stock Market announced today that it had made a final determination to delist the Common Stock (Pink Sheets:ALSC) of Alliance Semiconductor Corporation, and will file a Form 25 with the Securities and Exchange Commission to complete the delisting. The delisting will become effective ten days after the Form 25 filing. NASDAQ previously suspended trading of the security, for the reasons stated on the Form 25.
For news and additional information about the company, please review the company's public filings or contact the company directly.
For more information about The NASDAQ Stock Market, visit the NASDAQ Web site at http://www.nasdaq.com. NASDAQ's rules governing the delisting of securities can be found in the NASDAQ Rule 4800 Series, available on the NASDAQ Web site.