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NASDAQ Halts Tibet Pharmaceuticals Inc.


NEW YORK, April 3, 2012 (GLOBE NEWSWIRE) -- The NASDAQ Stock Market(R) (Nasdaq:NDAQ) announced that trading was halted today in Tibet Pharmaceuticals Inc. (Nasdaq:TBET) at 9:28:29 a.m., Eastern Time, for "additional information requested" from the company at a last price of $1.29.

Trading will remain halted until Tibet Pharmaceuticals Inc. 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 InfoQuotes(SM) on the NASDAQ(R) Web site.

For more information about The NASDAQ Stock Market, visit the NASDAQ Web site at


CONTACT: NASDAQ OMX Media Contact: Robert Madden +1.646.441.5045

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