ITUS Corporation (ITUS) Announces NASDAQ Continued Listing Compliance

October 17, 2016 1:03 PM EDT

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ITUS Corporation ("ITUS") (NASDAQ: ITUS), today announced that it has received formal notice from the Listing Qualifications Staff of The NASDAQ Stock Market LLC that the company has evidenced compliance with all requirements for continued listing on The Nasdaq Capital Market. On August 24, 2016, the company was notified by NASDAQ that it no longer met the minimum continued listing requirements, and the August 24 matter is now closed.

ITUS is developing Cchek, a proprietary early cancer detection technology which measures a patient's immunological response to a malignancy by detecting the presence, absence, and quantity of certain unique immune system cells that exist in and around a tumor and that enter the blood stream.

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