Ballantyne of Omaha Shares to Trade on the New York Stock Exchange on
December 5th
OMAHA, Neb.--(BUSINESS WIRE)--Dec. 1, 1997--Ballantyne of Omaha, Inc.
(AMEX: BTN - news) today announced that its shares will begin trading on
the New York Stock Exchange (NYSE) on December 5th under the symbol
''BTN.''
Commenting on the listing, John P. Wilmers, President and Chief
Executive Officer of Ballantyne of Omaha, stated, ''Listing our shares
on the NYSE marks another important milestone for Ballantyne as it
acknowledges the Company's strong financial performance, excellent
future prospects and leadership position in the commercial motion
picture projection equipment and specialty entertainment lighting
industries. As the world's leading stock exchange, we believe the NYSE
provides a global forum for increasing Ballantyne's visibility and
liquidity among investors. We also believe the awareness afforded by a
New York Stock Exchange listing can enhance our international marketing
efforts.''
''Ballantyne would also like to thank the American Stock Exchange where
our shares Ballantyne of Omaha Shares to Trade on NYSE as of December
5th, have traded since our 1995 initial public offering.''
Ballantyne is the leading U.S. manufacturer of commercial motion picture
projection equipment utilized by the major exhibition chains including
AMC, Cineplex Odeon and Regal Cinemas, and makes specialized projection
equipment used by location-based entertainment providers such as The
Walt Disney Co., Universal Studios and IMAX. Ballantyne also
manufactures specialty entertainment lighting products used at top
arenas, television and motion picture production studios, theme parks
and architectural sites around the world, as well as a line of
commercial food service equipment. |
