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NASDAQ Changes Trading Halt Status of ShengdaTech, Inc.

/ Source: GlobeNewswire

NEW YORK, March 15, 2011 (GLOBE NEWSWIRE) -- The NASDAQ Stock Market® (Nasdaq:NDAQ) announced today that the trading halt status in ShengdaTech, Inc. (Nasdaq:SDTH) was changed to "additional information requested" from the company. Trading in the company's stock had been halted on March 15, 2011 at 7:55:20 a.m. Eastern Time for "news pending" at a last sale price of $3.551. Trading will remain halted until ShengdaTech, Inc. has fully satisfied NASDAQ's request for additional information.

For news and additional information about the company, please contact the company directly or check under the company's symbol using InfoQuotesSM on the NASDAQ Web site.

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

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