TransTechnology Common Stock Listed on American Stock Exchange
August 11 2006 - 4:38PM
Business Wire
TransTechnology Corporation (Amex: BZC) announced today that the
American Stock Exchange has listed the Company's common stock under
the trading symbol BZC. Shares of the Company's common stock will
commence trading on the American Stock Exchange on Monday, August
14, 2006. The Company has selected LaBranche & Co. as its
specialist for American Stock Exchange trading and price quotation.
This follows the Company's announcement on July 19, 2006, that its
application to be listed on the American Stock Exchange had been
approved. Robert White, President and CEO of TransTechnology said,
"We are deeply gratified to be listed on The American Stock
Exchange. We believe that our listing on the Amex will increase
liquidity for our shareholders and expand the availability of the
Company's shares to potential investors. This is an exciting step
forward for the Company and our shareholders." TransTechnology
Corporation (http://www.transtechnology.com) operating as
Breeze-Eastern (http://www.breeze-eastern.com) is the world's
leading designer and manufacturer of sophisticated lifting devices
for military and civilian aircraft, including rescue hoists, cargo
hooks, and weapons-lifting systems. The company, which employs
approximately 195 people at its facility in Union, New Jersey,
reported sales from continuing operations of $64.4 million in the
fiscal year ended March 31, 2006. INFORMATION ABOUT FORWARD-LOOKING
STATEMENTS Certain statements in this press release constitute
"forward-looking statements" within the meaning of the Securities
Act of 1933, as amended, and the Securities Exchange Act of 1934,
as amended (the "Acts"). Any statements contained herein that are
not statements of historical fact are deemed to be forward-looking
statements. The forward-looking statements in this press release
are based on current beliefs, estimates and assumptions concerning
the operations, future results, and prospects of the Company. As
actual operations and results may materially differ from those
assumed in forward-looking statements, there is no assurance that
forward-looking statements will prove to be accurate.
Forward-looking statements are subject to the safe harbors created
in the Acts. Any number of factors could affect future operations
and results, including, without limitation competition from other
companies; changes in applicable laws, rules and regulations
affecting the Company in the locations in which it conducts its
business; the availability of equity and/or debt financing in the
amounts and on the terms necessary to support the Company's future
business; interest rate trends; determination by the Company to
dispose of or acquire additional assets; general industry and
economic conditions; events impacting the U.S. and world financial
markets and economies; and those specific risks that are discussed
in the Company's previously filed Annual Report on Form 10-K for
the fiscal year ended March 31, 2006. The Company undertakes no
obligation to update publicly any forward-looking statements,
whether as a result of new information or future events.
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