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NYSE Amex Approves American DG Energy for Listing

Trading to Begin on October 19th under Ticker Symbol ADGE

PR Newswire
posted: 40 DAYS 23 HOURS AGO
Text SizeAAA
WALTHAM, Mass. Oct. 14 /PRNewswire-FirstCall/ -- American DG Energy Inc. (OTC Bulletin Board: ADGE), today announced that its common stock has been cleared for listing on the NYSE Amex Exchange. The Company's common stock, which currently trades on the OTC Bulletin Board, will begin trading on the NYSE Amex on October 19, 2009. In connection with the listing the Company's ticker symbol will change to "ADGE" from "ADGE.OB."
"Joining the NYSE Amex stock exchange is a major milestone for our shareholders, customers and employees," said John N. Hatsopoulos, Chief Executive Officer of American DG Energy. "We believe the NYSE Amex will provide American DG Energy with improved liquidity and expanded visibility in the investment community, as well as allow us to strengthen and grow our investor base."
"We are pleased to welcome American DG Energy, a significant player in the alternative energy sector, to NYSE Amex," said Scott Cutler, Head of Listings, Americas, and EVP, NYSE Euronext. "American DG is to be congratulated on achieving this significant milestone, and we look forward to providing the company and its shareholders with the highest levels of quality and service."
About American DG Energy
American DG Energy supplies low-cost energy to its customers through distributed power generating systems. The Company is committed to providing institutional, commercial, and small industrial facilities with clean, reliable power, cooling, heat and hot water at lower costs than charged by local utilities - without any capital or start-up costs to the energy user - through its On-Site Utility energy solutions. American DG Energy is headquartered in Waltham, Massachusetts. More information can be found at www.americandg.com .
About NYSE Amex
NYSE Amex, formed by NYSE Euronext's acquisition of the former American Stock Exchange last year, is the premiere U.S. equities market for listing and trading small and mid-cap growth companies. The NYSE Amex platform offers its listed companies price discovery, liquidity and reduced trading volatility beyond the capabilities of markets that are solely electronic. NYSE Amex- listed companies benefit from issuer-selected Designated Market Makers who utilize world-class NYSE trading and surveillance systems.
FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements under the Private Securities Litigation Reform Act of 1995 that involve a number of risks and uncertainties. Important factors could cause actual results to differ materially from those indicated by such forward-looking statements, as disclosed on the Company's website and in Securities and Exchange Commission filings. This press release does not constitute an offer to buy or sell securities by the Company, its subsidiaries or any associated party and is meant purely for informational purposes. The statements in this press release are made as of the date of this press release, even if subsequently made available by the Company on its website or otherwise. The Company does not assume any obligation to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made.
SOURCE American DG Energy Inc.
2009-10-14 09:00:00
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