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American Stock Exchange Lists Common Stock of Fountain Powerboat
Industries, Inc.
NEW YORK, April 14 /PRNewswire/ -- The American Stock Exchange(R) (Amex(R))
today listed common shares of Fountain Powerboat Industries, Inc., under the
ticker symbol FPB. Fountain Powerboat Industries is transferring from the
NASDAQ-SCM where it traded under the symbol FPWR.
Located in Washington, NC, and founded more than 25 years ago, Fountain
Powerboat Industries, through its wholly-owned subsidiary, designs,
manufactures, and sells offshore sport boats, sport fishing boats and sport
cruisers intended for the segment of the recreational power boat market where
speed, performance, and quality are the main criteria for purchase. It also
produces military support craft for domestic and international government
agencies, including the United States Customs Service, the United States Navy
and the United States Coast Guard.
"We are delighted to welcome Fountain Powerboat Industries to the American
Stock Exchange," said John McGonegal, senior vice president of the Amex
Equities Group. "We look forward to working with Fountain Powerboat Industries
and providing them with the value-added resources a growing company needs to
succeed in today's market."
"We are pleased to announce the listing of our common stock on the American
Stock Exchange," said Fountain Powerboats CEO Reggie M. Fountain, Jr. "We
firmly believe this listing will broaden our reach to capital markets, improve
shareholder liquidity, increase our overall visibility in the financial
community, and enable a wider range of investors to participate in the next
phase of growth of our company."
The specialist in Fountain Powerboat Industries, Inc. will be AIM Securities.
For more information on Fountain Powerboat Industries, or any Amex-listed
company, please visit http://www.amex.com/.
The American Stock Exchange(R) (Amex(R)) is the only primary exchange that
offers trading across a full range of equities, options and exchange traded
funds (ETFs), including structured products and HOLDRS(SM). In addition to its
role as a national equities market, the Amex is the pioneer of the ETF,
responsible for bringing the first domestic product to market in 1993. Leading
the industry in ETF listings, the Amex lists 155 ETFs to date. The Amex is
also one of the largest options exchanges in the U.S., trading options on
broad-based and sector indexes as well as domestic and foreign stocks. For
more information, please visit http://www.amex.com/.
DATASOURCE: The American Stock Exchange
CONTACT: J.R.Brandstrader of American Stock Exchange, 212-306-1440, or
Web site: http://www.amex.com/