Company Press Release
Osicom Technologies Common Stock Upgraded to Nasdaq National Market System
SANTA MONICA, Calif.--(BUSINESS WIRE)--Dec. 15, 1998--Osicom Technologies, Inc. (Nasdaq:FIBR - news), today announced that its common stock will be listed on the Nasdaq National Market System, effective tomorrow. The Company's common shares, which currently trade on the Nasdaq Small-Cap Market, will continue to trade under the symbol FIBR.
''We are pleased to have the shares listed on the Nasdaq National Market,'' said Par Chadha, Osicom's chairman and chief executive officer. ''We anticipate the increased visibility will benefit shareholders and others interested in FIBR, including institutional investors. This is an important step for us, and a positive reflection on our employees, corporate partners, as well as our customers and shareholders.''
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