Medifast Dl 001 (TG:MDF)
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American Stock Exchange Lists Common Stock of Metropolitan Health
Networks, Inc.
NEW YORK, Nov. 22 /PRNewswire/ -- The American Stock Exchange(R) (Amex(R))
today listed the common stock of Metropolitan Health Networks, Inc. under the
ticker symbol MDF.
Metropolitan Health Networks of West Palm Beach, Fla., provides healthcare
benefits to over 25,000 members in Central and South Florida.
"We welcome Metropolitan Health Networks to the Amex and we look forward to
working closely with the Company to help them with the tools to gain greater
attention and awareness in the investor community at large," said John
McGonegal, senior vice president of the Amex Equities Group.
In choosing to list on the Amex, Metropolitan Health Networks joins a
substantial and growing number of health-care services companies as well as
pharmaceutical, biotechnology and medical device companies that benefit from
the Amex's auction-based, Specialist-led system.
"Graduating to the American Stock Exchange represents a significant milestone
for Metropolitan, our shareholders and employees. We take great pride in this
accomplishment, which is one more step in the building of a solid foundation
upon which we can grow our Medicare Advantage business," Metropolitan Health
Networks Chairman of the Board and CEO Michael Earley, said. "We expect this
listing will provide the opportunity to broaden our investor base and will
create additional liquidity for our shareholders. In addition, the American
Stock Exchange listing will provide greater visibility in the investment
community."
The specialist in Metropolitan Health Networks will be AGS Specialist Partners.
For further information on MDF and other Amex-listed companies, 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 143 ETFs. 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: Dan Charnas of American Stock Exchange, +1-212-306-1654,
Web site: http://www.amex.com/