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North American Scientific Receives Delisting Notice

Chatsworth-based North American Scientific received a notice from the Nasdaq Stock Market dated April 28, 2006 saying that it will be subject to delisting unless it meets certain requirements. The company was notified that it did not comply with the minimum $10 million stockholders’ equity requirement or the alternative minimum $50 million market value of listed securities requirement. The company’s common stock is subject to delisting from the Nasdaq National Market at the opening of business on May 9, 2006 unless it requests an appeal. North American Scientific said it could not guarantee that the Nasdaq Listing Qualifications Panel will grant a request for continued listing, and is considering listing its common stock on the National Capital Market, where it believes it currently meets listing requirements.

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