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INTRUSION INC Delisting Announcement 2006

Oct 10, 2006

34748_rns_2006-10-10_6662ff33-1d69-4e3e-86e9-f8ece5d45156.zip

Delisting Announcement

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8-K 1 a06-21078_18k.htm CURRENT REPORT OF MATERIAL EVENTS OR CORPORATE CHANGES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): October 10, 2006

INTRUSION INC.

(Exact Name of Registrant as Specified in Its Charter)

Delaware 000-20191 75-1911917
(State or Other Jurisdiction of Incorporation) (Commission File Number) (IRS Employer Identification No.)
1101 East Arapaho Road, Richardson,
Texas 75081
(Address of Principal Executive Offices) (Zip Code)

*(972) 234-6400*

(Registrant’s Telephone Number, Including Area Code)

*NOT APPLICABLE*

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

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ITEM 3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.

On October 10, 2006, we received notice from the Nasdaq Listing Qualifications Panel notifying Intrusion that on October 10, 2006, Nasdaq has determined to delist Intrusion’s shares of common stock form The Nasdaq Capital Market effective as of the open of business on Thursday, October 12, 2006 as a result of Intrusion’s failure to maintain compliance with Marketplace Rules 4210 (c) (2) (B), the requirement to maintain a minimum stockholders equity, market value of listed securities, or net income from continuing operations.

Intrusion expects that its common stock will be traded over the counter under the symbol “INTZ” commencing on October 12, 2006.

A copy of the Company’s press release dated October 10, 2006 is attached as Exhibit 99.1.

ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS

(d) Exhibits

99.1 — Press release issued by Intrusion Inc. on October 10, 2006.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

| /s/
MICHAEL L. PAXTON |
| --- |
| Michael
L. Paxton |
| Chief
Financial Officer |

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EXHIBIT INDEX

Exhibit No. Description of Exhibit
99.1 Press release issued by Intrusion Inc. on
October 10, 2006.

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