news release
Zi Corporation Application to Trade on The NASDAQ Capital Market Approved
Zi's Shares Began Trading Today Under Existing Symbol "ZICA"
CALGARY, AB, September 5, 2007 - Zi Corporation (NASDAQ: ZICA) (TSX: ZIC), today announced that The NASDAQ Stock Market ("NASDAQ") approved Zi's application to transfer the listing of its common shares from The NASDAQ Global Market to The NASDAQ Capital Market. Zi's common shares began trading on The NASDAQ Capital Market today, September 5, 2007, under its existing symbol "ZICA".
President and CEO Milos Djokovic said that the transfer of the listing of its common shares to The NASDAQ Capital Market under Zi's existing symbol ensures that investors can continue to trade Zi's shares on NASDAQ as before.
If the minimum closing bid price remains below US$1.00, Zi will likely receive a notice from NASDAQ that it no longer meets the continued listing requirements. If such a notice is received, Zi will have at least 180 calendar days from the date of such notice to meet the minimum closing bid price requirements in accordance with and subject to applicable NASDAQ rules.
The listing of Zi's common shares on The NASDAQ Capital Market does not affect the listing or trading of Zi's common shares on the Toronto Stock Exchange where Zi's shares are traded under the symbol "ZIC".
About Zi Corporation
Zi Corporation (www.zicorp.com) is a technology company that delivers intelligent interface solutions to enhance the user experience of wireless and consumer technologies. Zi provides device manufacturers and network operators with a full range of intuitive and easy-to-use input solutions, including: eZiType® for keyboard prediction with auto-correction; eZiText® for one-touch predictive text entry; Decuma® for predictive pen-input handwriting recognition; and the Qix® search and service discovery engine to enhance the user experience and drive service usage and adoption. Zi's product portfolio dramatically improves the usability of mobile phones, PDAs, gaming consoles and television set-top boxes and the applications on them including SMS, MMS, e-mail and Internet browsing. Zi supports its strategic partners and customers from offices in Asia, Europe and North America.Zi, Decuma, Qix, eZiText and eZiType are registered trademarks of the Zi Group of Companies. All other trademarks are the property of their respective owners.
For more information:
Allen & Caron Inc. (investor relations)
Jill Bertotti
jill@allencaron.com
Len Hall (business/financial media)
len@allencaron.com
+1 949 474 4300