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EXHIBIT 99.1
NEWS RELEASE [GRAPHIC OMITTED][GRAPHIC OMITTED]
CONTACT: DON RUTHERFORD
Aspeon, Inc.
949.440.8000 or [email protected]
Julie Crandall/E. E. Wang
Pondel /Wilkinson Group
310.207.9300 or [email protected]
FOR IMMEDIATE RELEASE
ASPEON DELISTED FROM NASDAQ STOCK MARKET
IRVINE, CALIFORNIA - JANUARY 4, 2001 - Aspeon, Inc. (Nasdaq:ASPEE)
said that it has received notification that the Nasdaq Listing Qualifications
Panel has delisted the company's securities from the Nasdaq Stock Market,
effective immediately. The company stated that it intends to appeal the
decision.
"We are continuing to focus on the execution of our short term
strategic objectives to eliminate operating losses and build cash reserves,"
said Richard Stack, president and chief executive officer. "The majority of
our efforts will be directed toward growing Aspeon's core Point-of-Sale
products and services businesses. Our Viper product is considered by many to
be one of the most cost effective and technologically advanced touchscreen
computers in the industry."
ABOUT ASPEON, INC.
Aspeon currently operates in three business segments. The
Point-of-Sale (POS) products segment designs, manufactures, markets and sells
open system touch screen POS computers primarily for the food service and
retail industries. The Solution Services
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segment provides retail foodservice technology solutions and services that
enable restaurants and retailers to capture, analyze, disseminate and use
information throughout the enterprise, from the POS cash register terminal to
the back office to an organization's headquarters. The Application Services
Provider segment delivers integrated business application software customized
to meet industry-specific requirements. Visit Aspeon at www.aspeon.com
