Verso Technologies, Inc has announced that it has filed a Form 15 with the Securities and Exchange Commission to voluntarily deregister its common stock under the Securities Exchange Act of 1934, as amended. The par value of common stock is $.01.

Effective May 08, 2008, Verso Technologies Inc. changed its OTCPK stock ticker symbol to VRSO.Q from VRSO.

On April 22, 2008, The Nasdaq Stock Market LLC notified Verso Technologies Inc that based upon the Nasdaq’s review of the Company’s Annual Report on Form 10-K for the year ended December 31, 2007, the staff of the Nasdaq determined that the Company no longer satisfies Nasdaq Marketplace Rule 4310(c)(3) which requires that the Company have either a minimum of $2,500,000 of stockholders’ equity, a $35,000,000 market value of listed securities or $500,000 of net income from continuing operations for the most recently completed fiscal year or two of the three most recently completed fiscal years. As a result of the Company’s noncompliance with the Rule, the Staff is reviewing the Company’s eligibility for continued listing on the Nasdaq Capital Market. To facilitate this review, the Company must provide to the Nasdaq on or before May 7, 2008, a specific plan to achieve and sustain compliance with all of the Nasdaq Stock Market’s listing requirements, including the time frame for completion of the plan. If the Staff determines that the Company’s plan does not adequately address the issues noted in the Nasdaq’s notice, then the Staff will provide written notification to the Company that its securities will be delisted. The notice from the Nasdaq also informed the Company that Nasdaq Marketplace Rule 4803(a) requires that the Company, no later than April 28, 2008, make a public announcement through the news media which discloses receipt of the notice and the Nasdaq rules upon which it is based. If the Company does not make the required public announcement, then trading in the Company’s common stock will be halted. Presently, the Company has not formulated, and does not believe it will formulate by May 7, 2008, a plan to address the issues noted in the Nasdaq notice. In addition, the Company has not made, and does not anticipate making, the public announcement required by the Nasdaq Marketplace Rule 4803(a). Accordingly, the Company believes that trading in its common stock will be halted and that the common stock will be delisted from the Nasdaq Capital Market.