r
June 20, 2003 — (WEB HOST INDUSTRY REVIEW) — FASTNET (fast.net) announced today that the company?s common stock will be delisted from the Nasdaq smallcap market at the opening of business on Monday, June 23, 2003.
r
r
The company decided not to appeal Nasdaq?s decision.
r
r
The delisting is directly related to the company’s June 10, 2003 filing of a voluntary petition for relief under Chapter 11 of the United States bankruptcy code for the Eastern District of Pennsylvania.
r
r
Effective June 20, 2003, the trading symbol for the company’s securities will be changed from FSST to FSSTQ, during which time it will begin trading on the OTC Bulletin Board.
r
r
Based in Bethlehem, Pennsylvania, FASTNET provides a complete suite of solutions for dedicated and broadband access, Internet security, wireless Internet connectivity, VPN design and implementation, Web site design, e-commerce development and managed Web hosting.
