WESTLAKE, Texas, Feb. 8, 2008 (PRIME NEWSWIRE) -- Animal Health International, Inc. (Nasdaq:AHII) today announced that the Company received a Nasdaq Staff deficiency letter on February 5, 2008, confirming that the Company is not in compliance with the Nasdaq audit committee requirement set forth in Marketplace Rule 4350, which requires a listed company to have an audit committee comprised of at least three independent members. As previously disclosed by the Company on January 10, 2008, as a result of the death of Robert Oelkers on January 7, 2008, the Company's audit committee presently has only two independent members. Nasdaq has requested that the Company provide, on or before January 7, 2009, documentation evidencing compliance with Marketplace Rule 4350. The Company intends to fill the vacancy on the board of directors and appoint one additional independent member to the audit committee as promptly as possible.
About Animal Health International, Inc.:
Animal Health International, Inc., through its wholly owned subsidiaries is engaged in the distribution of animal health products in the United States and Canada. The Company's subsidiaries distribute more than 40,000 products sourced from over 1,500 manufacturers to over 62,000 customers, including veterinarians, production animal operators, and animal health product retailers. Products the Company's subsidiaries distribute include pharmaceuticals, vaccines, parasiticides, diagnostics, capital equipment, sanitizers, pet foods, devices and supplies. The Company was founded in 1954, and has its corporate headquarters located in Westlake, Texas.
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