updated 3/21/2011 4:16:42 PM ET 2011-03-21T20:16:42

NEW YORK, March 21, 2011 (GLOBE NEWSWIRE) -- The NASDAQ Stock Market announced today that it will delist the common stock of Generex Biotechnology Corporation. Generex Biotechnology Corporation's stock was suspended on October 21, 2010 and has not traded on NASDAQ since that time.

NASDAQ also announced that it will delist the common stock of Seahawk Drilling, Inc. Seahawk Drilling, Inc.'s stock was suspended on February 24, 2011 and has not traded on NASDAQ since that time.

NASDAQ also announced that it will delist the American depositary shares of Xinhua Sports & Entertainment Limited. Xinhua Sports & Entertainment Limited's stock was suspended on March 8, 2011 and has not traded on NASDAQ since that time.

NASDAQ also announced that that it will delist the common stock of Logic Devices Incorporated. Logic Devices Incorporated's stock was suspended on March 10, 2011 and has not traded on NASDAQ since that time.

Finally, NASDAQ announced that it will delist the common stock of Conolog Corporation. Conolog Corporation's stock was suspended on February 2, 2011 and has not traded on NASDAQ since that time.

NASDAQ will file a Form 25 with the Securities and Exchange Commission to complete the delisting for each of these companies. The delistings become effective ten days after the Form 25 is filed. For news and additional information about the companies, including the basis for the delistings and whether the companies' securities are trading on another venue, please review the companies' public filings or contact the company directly.

For more information about The NASDAQ Stock Market, visit the NASDAQ Web site at http://www.nasdaq.com .

 NASDAQ's rules governing the delisting of securities can be found in the NASDAQ Rule 5800 Series, available on the NASDAQ Web site: http://www.cchwallstreet.com/NASDAQTools/bookmark.asp?id=nasdaq-rule_5800&manual=/nasdaq/main/nasdaq-equityrules/ .

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