Saba SABA today announced that on August 16, 2012, Saba received from the
Listing Qualifications Department of The NASDAQ Stock Market LLC (“Nasdaq”),
as expected, notification of Saba's continued noncompliance with Nasdaq
Listing Rule 5250(c)(1) due to Saba's previously announced delay in filing its
Form 10-K for the fiscal year ended May 31, 2012.
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