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NASDAQ Halts SGOCO Group Ltd.

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NEW YORK, May 16, 2012 (GLOBE NEWSWIRE) -- The NASDAQ Stock Market® (Nasdaq:NDAQ) announced that trading was halted today in SGOCO Group Ltd. (Nasdaq:SGOC) at 10:55:28 a.m., Eastern Time, for "additional information requested" from the company at a last price of $1.52.

Trading will remain halted until SGOCO Group Ltd. has fully satisfied NASDAQ's request for additional information.

For news and additional information about the company, please contact the company directly or check under the company's symbol using InfoQuotesSM on the NASDAQ® Web site.

For more information about The NASDAQ Stock Market, visit the NASDAQ Web site at http://www.nasdaq.com.

NDAQO

CONTACT: NASDAQ OMX Media Contact: Wayne Lee +1.301.978.4875 Wayne.D.Lee@NASDAQOMX.com

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