Hauppauge Digital Inc., Annual General Meeting, Dec 09, 2009, at 10:00 US Eastern Time. Location: 91 Cabot Court, Hauppauge, NY 11788,United States. Agenda: To elect four directors to the board of directors of the company; and to transact such other business as may properly come before the meeting .

Hauppauge Digital, Inc. announced that, on October 1, 2009, it received a Staff Determination letter from The NASDAQ Stock Market notifying the Company that NASDAQ had determined to initiate procedures to delist the Company's securities from NASDAQ based on the Company's failure to hold its annual meeting within the time frame allowed under NASDAQ Listing Rule 5620. The Company also announced that it had today submitted to NASDAQ a request for a hearing before a NASDAQ Hearings Panel to appeal the Staff Determination. At the hearing, the Company intends to inform the Hearings Panel of its plans to hold the Company's annual meeting on or about December 9, 2009. In addition, the Company intends to request that, pursuant to Rule 5815(c)(1)(A), the Hearings Panel grant an exception to the relevant continued listing standards set forth in Rule 5620, and that NASDAQ continue to list the Company's securities. The Staff Determination letter stated that the Company's hearing request would stay the delisting of the Company's securities by NASDAQ pending the Hearings Panel's decision. There can be no assurance that the Company's appeal will be successful and that the Hearings Panel will grant the Company's request for continued listing.

Hauppauge Digital Inc. reported financial results for the third fiscal quarter and nine month period ended June 30, 2009. Net sales were $13.1 million for the third quarter of fiscal 2009, a decline of approximately 33% from the $19.4 million reported for the previous year's third quarter. The Company incurred a net loss of $1,887,382 for the third fiscal quarter ended June 30, 2009, compared to a net loss of $1,117,563 for the third fiscal quarter ended June 30, 2008. Net loss per share for the third fiscal quarter ended June 30, 2009 was $0.19 on a basic and diluted basis, compared to a net loss per share of $0.11 on a basic and diluted basis for the third fiscal quarter ended June 30, 2008. Loss from operations was $1.85 million compared to $1.12 million in the previous year period. Loss before taxes was $1.85 million compared to $1.09 million in the previous year period. For the nine months ended June 30, 2009, net sales were $43.1 million compared to $74 million for the nine months ended June 30, 2008, a decrease of approximately 42%. The company incurred a net loss of $5,591,765 for the nine months ended June 30, 2009, compared to net loss of $179,653 for the nine months ended June 30, 2008. Net loss per share for the nine months ended June 30, 2009 was $0.56 on a basic and diluted basis, compared to net loss per share of $0.02 on a basic and diluted basis for the nine months ended June 30, 2008. Loss from operations was $6.11 million compared to $31,719 in the previous year period. Loss before taxes was $5.48 million compared to $19,216 in the previous year period.