Hayes Lemmerz International, Inc. Receives Notification of Deficiency from NASDAQ
NORTHVILLE, Mich., May 8, 2009 -- Hayes Lemmerz International, Inc. ("Hayes") announced today that on May 4, 2009, it received a letter from the NASDAQ Stock Market ("Nasdaq") notifying Hayes that it was no longer in compliance with the rules for continued listing according to Listing Rule 5250(c)(1) as a result of its failure to file its Annual Report on Form 10-K for the fiscal year ended January 31, 2009 (the "Form 10-K") with the United States Securities and Exchange Commission within the required period. Hayes has until July 3, 2009, to submit a plan to regain compliance with Nasdaq's continuing listing standards. Hayes expects to file its Form 10-K on or before May 15, 2009. The notification has no effect on the listing of the common stock of Hayes at this time.