Thursday, September 11, 2003

8X8 to Remain Listed on Nasdaq Stock Market

8X8 to Remain Listed on Nasdaq Stock Market : "8x8, Inc.
(Nasdaq: EGHT) today announced that it received a letter from the Nasdaq
Listing Qualifications Panel determining that the Company has fully regained
compliance with the Nasdaq SmallCap Market's continued listing requirements.
In the letter dated September 10, 2003, the Panel based its conclusion
upon the fact that 8x8 has, for the past twelve (12) trading days, maintained
a closing bid price of $1.00 per share, as required by Marketplace Rule
4310(c)(4), as well as a $35,000,000 market value of listed securities, as set
forth in Marketplace Rule 4310(c)(2)(B). The Panel also noted that the
September 5, 2003 appointment of Mr. Donn Wilson to 8x8's Board of Directors
and Audit Committee appears to satisfy the independent directors and audit
committee composition requirements, so long as the Nasdaq Staff does not
subsequently determine that Mr. Wilson should not be considered independent
for purposes of Marketplace Rule 4200(a)(14). The Company is confident that
Mr. Wilson meets all Nasdaq criteria for director independence."


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