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Metawave gets more time to comply with Nasdaq requirements

REDMOND, Wash.-Metawave Communications Corp. has been granted an additional 180-day grace period to regain compliance with the $1 per share minimum bid price requirement of the Nasdaq SmallCap Market.

The grace period allows Metawave to maintain its listing on the Nasdaq SmallCap Market under “MTWV” until April 24, 2003.

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