Track Data (TRAC) to Voluntary Delist from NASDAQ and Deregister Common Stock

November 23, 2009 2:00 PM EST

Track Data (Nasdaq: TRAC) today announced that it will voluntarily delist its common stock from NASDAQ and, based upon ownership of its shares by fewer than 300 holders of record, deregister its common stock under the Securities Exchange Act of 1934, as amended.

The NASDAQ delisting is expected to become effective on or about December 14, 2009, at which time trading on NASDAQ will cease. The common stock may thereafter be eligible for quotation on the Pink Sheets if market makers commit to making a market in the Company's shares. The Pink Sheets is a centralized quotation service that collects and publishes market maker quotes for over-the-counter securities in real time. The Company can provide no assurance that trading in its common stock will continue on the Pink Sheets or otherwise.

The Company anticipates that its obligation to file current and periodic reports (8-K's and 10-K's/Q's) under the Exchange Act will be suspended on or about the date of the NASDAQ delisting, and that all requirements associated with being an Exchange Act-registered company, including the requirement to file current and periodic reports, will terminate permanently 90 days thereafter.

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