Item 3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.

On September 15, 2009, Jaco Electronics, Inc. (the "Company") received notice from NASDAQ that it has failed to satisfy (i) the minimum market value of publicly held shares continued listing standard (Listing Rule 5450(b)(2)(C) or 5450(b)(3)(C) (the "Minimum MVPHS Rules"), and (ii) the minimum bid price requirement of $1.00 per share continued listing standard (the "Minimum Bid Price Rule").

The Company has 90 days to regain compliance with the Minimum MVPHS Rules and 180 days to regain compliance with the Minimum Bid Price Rule.

The Company is considering what actions to take in response to the notices it received from NASDAQ.

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