GSE Systems, Inc. to Begin Trading on Nasdaq Capital Market
April 19 2018 - 4:15PM
Business Wire
GSE Systems, Inc. (“GSE” or “the Company”) (NYSE
American: GVP), a world leader in real-time high-fidelity
simulation systems and training/consulting solutions to the power
and process industries, today announced that it has been approved
for listing on the Nasdaq Capital Market under the symbol “GVP.”
Trading on the Nasdaq Capital Market is expected to commence on
Monday, April 30, 2018. The Company’s common stock will continue to
trade on the NYSE American until the market close on Friday, April
27, 2018.
Kyle Loudermilk, GSE’s President and Chief Executive Officer,
commented, “We are pleased to announce our listing on the Nasdaq
Capital Market. We believe the move to Nasdaq will improve the
visibility of our stock, enhance trading liquidity in our shares,
and provide us with greater exposure to institutional
investors.”
ABOUT GSE SYSTEMS,
INC.
GSE Systems, Inc. is a world leader in real-time high-fidelity
simulation, providing a wide range of simulation, training,
consulting, and engineering solutions to the power and process
industries. Its comprehensive and modular solutions help customers
achieve performance excellence in design, training and operations.
GSE’s products and services are tailored to meet specific client
requirements such as scope, budget and timeline. The Company has
over four decades of experience, more than 1,100 installations, and
hundreds of customers in over 50 countries spanning the globe. GSE
Systems is headquartered in Sykesville (Baltimore), Maryland, with
offices in Columbia, Maryland, Navarre, Florida and Beijing, China.
Information about GSE Systems is available at www.gses.com.
FORWARD LOOKING
STATEMENTS
We make statements in this press release that are considered
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934. These statements reflect our
current expectations concerning future events and results. We use
words such as “expect,” “intend,” “believe,” “may,” “will,”
“should,” “could,” “anticipates,” and similar expressions to
identify forward-looking statements, but their absence does not
mean a statement is not forward-looking. These statements are not
guarantees of our future performance and are subject to risks,
uncertainties, and other important factors that could cause our
actual performance or achievements to be materially different from
those we project. For a full discussion of these risks,
uncertainties, and factors, we encourage you to read our documents
on file with the Securities and Exchange Commission, including
those set forth in our periodic reports under the forward-looking
statements and risk factors sections. We do not intend to update or
revise any forward-looking statements, whether as a result of new
information, future events, or otherwise.
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version on businesswire.com: https://www.businesswire.com/news/home/20180419006379/en/
Company:GSE Systems, Inc.Chris Sorrells, (410)
970-7802Chief Operating OfficerorThe Equity Group Inc.Kalle
Ahl, CFA, (212) 836-9614kahl@equityny.com
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