[2/15/07] Eagle Broadband Inc., a national provider of broadband, Internet protocol (IP) and digital communications technology and services, received notice from the American Stock Exchange (Amex) indicating that the staff of the Amex Listing Qualifications Department chose to reject the company’s plan to regain compliance with the Amex stockholders’ equity requirement for continued listing, Eagle Broadband reported Feb. 14.

The notice indicated that Eagle Broadband’s common stock would have been subject to delisting unless the company requested a hearing before a listing qualifications panel; the company’s subsequent request will now stay the delisting action until the company has opportunity to present its plan to evidence compliance with all applicable listing requirements to the panel.

While there is no assurance that the panel will grant the company’s request for continued listing, Dave Micek, president and CEO of Eagle Broadband, said “we look forward to meeting with the panel and presenting our updated plan.”