InfoSonics Regains Compliance with NASDAQ $1.00 Minimum Bid Requirement

InfoSonics Corporation IFON today announced that, on February 1, 2011 it received a notification from the NASDAQ Stock Market indicating that the Company has regained compliance with NASDAQ Rule 5550(a)(2) in that the Company's closing bid price has been at $1.00 per share or greater for at least 10 consecutive business days. The notification stated that the matter of the deficiency, which arose as of May 4, 2010, is now closed.