<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>3
<FILENAME>a4363582-99.txt
<DESCRIPTION>EXHIBIT 99
<TEXT>
                                                                      Exhibit 99


           COPYTELE, INC. RECEIVES DELISTING NOTIFICATION FROM NASDAQ
                 STOCK ELIGIBLE TO TRADE ON OTC BULLETIN BOARD


         MELVILLE, NY - March 25, 2003 - CopyTele, Inc. (NASDAQ:COPY) today
announced that it had been informed by The Nasdaq Stock Market that CopyTele's
common stock will be delisted from The Nasdaq SmallCap Market effective at the
opening of business on Thursday, March 27, 2003, as a result of CopyTele's
non-compliance with the $1 per share minimum bid price and the minimum
stockholders' equity continued listing requirements. CopyTele's securities will
be immediately eligible for quotation on the OTC Bulletin Board effective at the
opening of business on March 27, 2003. The OTC Bulletin Board symbol assigned to
CopyTele is COPY.

         CopyTele's principal operations include the development of a full-color
flat panel video display and the development, production and marketing of
multi-functional encryption products that provide information security for
domestic and international users over virtually every communications media. In
the encryption area, we have developed and are marketing a broad line of
hardware and software based high-grade information security products to
accommodate cellular, satellite, digital and ordinary telephone lines for voice,
fax and data encryption. These products are being marketed through a worldwide
network of dealers and distributors. For additional information, visit
CopyTele's website at www.copytele.com.


Forward-Looking Statements
Statements that are not historical fact may be considered forward-looking
statements within the meaning of the Private Securities Litigation Reform Act of
1995. Forward-looking statements are not statements of historical facts, but
rather reflect CopyTele's current expectations concerning future events and
results. CopyTele generally uses the words "believes", "expects", "intends",
"plans", "anticipates", "likely", "will" and similar expressions to identify
forward-looking statements. Such forward-looking statements, including those
concerning CopyTele's expectations, involve known and unknown risks,
uncertainties and other factors, some of which are beyond CopyTele's control,
which may cause CopyTele's actual results, performance or achievements, or
industry results, to be materially different from any future results,
performance, or achievements expressed or implied by such forward-looking
statements. In evaluating such statements as well as the future prospects of
CopyTele, specific consideration should be given to various factors, including
the following: CopyTele's prior history of losses and negative cash flows from
operations; CopyTele's ability to obtain debt or equity financing to continue
our marketing, research and development activities, on terms acceptable to
CopyTele, if cash generated from operations is insufficient to satisfy our
liquidity requirements; CopyTele's ability to develop a full-color video
display; the possible development of competitive products that could render
CopyTele's products obsolete or unmarketable; and other risks as detailed from
time-to-time in CopyTele's filing with the Securities and Exchange Commission.
CopyTele undertakes no obligation to update any forward-looking statements as a
result of new information, unanticipated events, or otherwise.



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