WESTLAKE VILLAGE, Calif., Feb. 2, 2001 (PRIMEZONE) -- The Right Start, Inc. (Nasdaq:RTST), said today that it received notification from Nasdaq that it had regained compliance with the market value of public float continued listing requirement of the Nasdaq National Market. The Company regained compliance on January 29, 2001. By letter dated January 31, 2001, Nasdaq informed the Company that the hearing file regarding the Company's compliance with the continued listing requirements would be closed.
About The Right Start, Inc.
The Right Start, Inc. is the largest, national specialty retailer of high quality developmental, educational and care products for infants and children through age 4. The Right Start brand originated in 1985 through the creation of the award-winning Right Start Catalog(tm); The Right Start now operates 61 retail stores nationwide. The Company is based in Westlake Village, California.
This press release may be deemed to contain certain forward-looking statements with respect to the financial condition, results of operations and expansion projects of The Right Start, Inc. that may be impacted by factors including, but not limited to, general market conditions and market conditions affecting retailers specifically, the availability of capital, competition from other retailers and potential product liability claims and other risks included in The Right Start's filings with the Securities and Exchange Commission including, but not limited to, The Right Start's Registration Statement on Form S-3 (File No. 333-84319), its Annual Report of Form 10-K/A for the fiscal year ended January 29, 2000 and its quarterly reports.