Orion Energy Plans Move To NYSE
March 29, 2010 (FinancialWire) — Orion Energy Systems Inc. (NASDAQ: OESX) said it will voluntarily transfer its stock exchange listing from the NASDAQ Global Market to NYSE AMEX LLC, an equities market of the NYSE Euronext (NYSE AMEX).
Orion's common stock has been approved for listing on NYSE AMEX, where it expects to begin trading on April 6, 2010, using the company's current symbol "OESX." The company will continue to trade on the NASDAQ Global Market until the transfer is completed.
The move to NYSE AMEX "will give us added visibility in the financial markets, increase the liquidity of our common stock, provide us with the advantages of a designated market maker and further enhance our investor outreach as we continue to build shareholder value," said Neal Verfuerth, Orion's chairman and CEO.
Orion Energy Systems Inc. is a leading power technology enterprise that designs, manufactures and deploys energy management systems, consisting primarily of high-performance, energy-efficient lighting platforms, intelligent wireless control systems and direct renewable solar technology for commercial and industrial customers without compromising their operations.
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