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TechTarget Files 8-K Following Receipt of Nasdaq Notice
Needham, MA – May 21, 2009 – Information
technology (IT) media company TechTarget, Inc. (NASDAQ: TTGT) received a Nasdaq
Staff Deficiency letter indicating that it is not in compliance with the filing
requirement under Nasdaq Marketplace Rule 4310(c)(14) due to its failure to timely
file its Quarterly Report on Form 10-Q for the quarter ended March 31, 2009. The
Company currently anticipates making all necessary filings to become current
in its reporting obligations as soon as practicable. Pursuant to Nasdaq rules,
the Company has until July 13, 2009 to submit a plan to the Nasdaq staff to regain
compliance with Nasdaq’s filing requirement. The Company will endeavor
to become current in its reporting obligations prior to such date, and intends
to submit a compliance plan to Nasdaq if it is unable do so. Following any such
submission, and because the Company also remains delinquent in its filing of
its Form 10-K for the period ending December 31, 2008, Nasdaq may provide the
Company with up to 180 days from that initial delinquent filing (until September
28, 2009) to regain compliance.
About TechTarget
TechTarget, a leading online technology media company, gives
technology providers ROI-focused marketing programs to generate leads, shorten
sales cycles, and grow revenues. With its network of more than 60 technology-specific
websites and more than 7.5 million registered members, TechTarget is a primary
Web destination for technology professionals researching products to purchase.
The company is also a leading provider of independent, peer and vendor content,
a leading distributor of white papers, and a leading producer of webcasts, podcasts,
videos and virtual trade shows for the technology market. Its websites
are complemented by numerous invitation-only events. TechTarget provides
proven lead generation and branding programs to top advertisers including Cisco,
Dell, EMC, HP, IBM, Intel, Microsoft, SAP and Symantec.
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Investor Inquiries
Eric Sockol
781-657-1515
888-274-4111 x 1515
esockol@techtarget.com
Media Inquiries
Marilou Barsam
781-657-1525
888-274-4111 x 1525
mbarsam@techtarget.com |