BOULDER, Colo. - U.S. Wireless Data Inc. announced that the company's stock has been delisted from Nasdaq and is trading on the OTC Bulletin Board under the symbol USWDA.
U.S. Wireless Data's stock price information is available through stock brokerage firms. The company's delisting from Nasdaq resulted from a denial by the Nasdaq Listing Qualifications Committee on July 5 for an exception to the bid price requirement. The company also stated that it was considering alternatives to the committee's decision, including an appeal of the ruling.
U.S. Wireless Data designs, develops, and markets wireless credit card and check verification products. Through its wholly owned subsidiary, Direct Data Inc., based in Hartland, Wis., the company also develops and distributes a wide range of transaction automation hardware and software products, including point of sale terminals, receipt printers, check readers, and smart card and frequency marketing software products.