BB:INJX listed on Amex as IJX.
Friday December 15, 10:30 am Eastern Time
Press Release
SOURCE: American Stock Exchange
The American Stock Exchange Lists Common Stock Of Equidyne Corporation
NEW YORK, Dec. 15 /PRNewswire/ -- The American Stock Exchange® (Amex®) announced today that Equidyne Corporation will begin listing shares of its common stock on the Exchange in a public offering that begins today, December 15, 2000 under the ticker symbol IJX.
Equidyne Corporation, through Equidyne Systems, Inc., a wholly owned subsidiary based in San Diego, California is focused on becoming the worldwide leader in needle-free drug delivery systems for subcutaneous and intramuscular injections. The INJEX(TM) needle-free injector is a compact, uncomplicated device that delivers a virtually painless injection through the skin in a fraction of a second, and eliminates needle stick and disposal problems. For medications requiring injection, Equidyne believes the INJEX(TM) System is by far the most comfortable and economical product on the market.
J. Randall Nelson, president and chief executive officer, said ``The listing of our common stock on the Amex will give the Company greater visibility and stature in the financial community. This graduation is in many ways a result of the remarkable progress the company has made over the past twelve months.''
The INJEX needle-free injector is designed to deliver various medications by means of a narrow, high-velocity stream of fluid. This 'stream' penetrates the surface of the skin and delivers the medications into the subcutaneous fatty tissue of the injection site without the use of a needle. Amex chairman and chief executive officer Salvatore F. Sodano said ``We are enthusiastic about Equidyne's choice to list on the Amex, as they will join other leaders in the biotech sector and will continue to enhance the success of the industry.''
The Amex specialist in IJX will be GHM, Inc.
The American Stock Exchange®, a subsidiary of the National Association of Securities Dealers, Inc. (NASD®), is the only primary exchange that offers trading across a full range of equities, Index Shares(SM), including structured products and HOLDRS(SM), and options. In addition to its role as a national equities market, the Amex is the leader in Index Share listings (DIAMONDS®, FORTUNE 500® Index Tracking Stock, FORTUNE e-50(TM) Index Tracking Stock, iShares(SM), MidCap SPDRs(TM), Nasdaq-100 Index Tracking Stock(SM), Select Sector SPDRs®, and SPDRs® and streetTRACKS(SM)) and is the second-largest options exchange in the U.S., trading options on broad-based and sector indexes as well as domestic and foreign stocks. For more information, visit amex.com.
SOURCE: American Stock Exchange |
