SOURCE: Hudson Technologies

January 25, 2008 10:03 ET

Hudson Technologies Regains Compliance With Nasdaq Rules

PEARL RIVER, NY--(Marketwire - January 25, 2008) - Hudson Technologies, Inc. (NASDAQ: HDSN) announced today that the Company has regained compliance with Nasdaq MarketPlace Rule 4310 (c) (4).

On December 6, 2007, Nasdaq notified the Company that its common stock failed to maintain a minimum bid price of $1.00, as required by the Marketplace Rules of The Nasdaq Stock Market, and that the Company was provided 180 calendar days to regain compliance. Since then, the closing bid price of the Company's common stock has been over the $1.00 per share for at least 10 consecutive business days. Consequently, on January 24, 2008, Nasdaq notified the Company that the Company has regained compliance with Marketplace Rule 4310 (c) (4) and that this matter is now closed. We are obviously pleased that we are once again in compliance with the Marketplace Rules of The Nasdaq Stock Market and the fact that our stock will continue to trade on the Nasdaq Capital Market.

About Hudson Technologies

Hudson Technologies, Inc. is a leading provider of innovative solutions to recurring problems within the refrigeration industry. Hudson's proprietary RefrigerantSide® Services increase operating efficiency and energy savings, and remove moisture, oils and other contaminants frequently found in the refrigeration circuits of large comfort cooling and process refrigeration systems. Performed at a customer's site as an integral part of an effective scheduled maintenance program or in response to emergencies, RefrigerantSide® Services offer significant savings to customers due to their ability to be completed rapidly and at higher purity levels, and can be utilized while the customer's system continues to operate. In addition, the Company sells refrigerants and provides traditional reclamation services to the commercial and industrial air conditioning and refrigeration markets. For further information on Hudson, please visit the Company's web site at www.hudsontech.com.

Safe Harbor Statement under the Private Securities Litigation Act of 1995

Statements contained herein, which are not historical facts constitute forward-looking statements involve a number of known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, but are not limited to, changes in the markets for refrigerants (including unfavorable market conditions adversely affecting the demand for, and the price of refrigerants), the Company's ability to source refrigerants, regulatory and economic factors, seasonality, competition, litigation, the nature of supplier or customer arrangements which become available to the Company in the future, adverse weather conditions, possible technological obsolescence of existing products and services, possible reduction in the carrying value of long-lived assets, estimates of the useful life of its assets, potential environmental liability, customer concentration, the ability to obtain financing and other risks detailed in the Company's periodic reports filed with the Securities and Exchange Commission. The words "believe," "expect," "anticipate," "may," "plan," "should" and similar expressions identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date the statement was made.