Kingtone Wirelessinfo Solution Holding Ltd Has Been Granted Another 180-Day Extension by NASDAQ to Regain Compliance With Its Minimum $1 Bid Price Per Share Requirement

XI’AN, China, June 22, 2012 /PRNewswire-Asia-FirstCall/ — Kingtone Wirelessinfo Solution Holding Ltd (Nasdaq: KONE) (“Kingtone” or the “Company”), a China -based developer and provider of mobile enterprise solutions, today announced that NASDAQ, by a letter dated June 20, 2012, granted…

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