Elbit Systems Announces its Inclusion in the New NASDAQ Global Select Market - Highest Listing Standard in the World
July 05 2006 - 4:26AM
PR Newswire (US)
HAIFA, Israel, July 5 /PRNewswire-FirstCall/ -- Elbit Systems Ltd.
(NASDAQ:ESLT) today announced that it is included in the new NASDAQ
Global Select Market. The NASDAQ Global Select Market has the
highest initial listing standards of any exchange in the world
based on financial and liquidity requirements. Previously, Elbit
Systems had been listed on the NASDAQ National Market. As of July
2006, NASDAQ-listed companies are classified under three listing
tiers - NASDAQ Global Select Market, NASDAQ Global Market and
NASDAQ Capital Market. NASDAQ plans to launch indexes based on
these new tiers. All three market tiers will maintain rigorous
listing and corporate governance standards. Inclusion in the NASDAQ
Global Select Market is a mark of achievement and stature for
qualified companies. About Elbit Systems Elbit Systems Ltd. is an
international defense electronics company engaged in a wide range
of defense-related programs throughout the world. The Elbit Systems
Group, which includes the company and its subsidiaries, operates in
the areas of aerospace, land and naval systems, command, control,
communications, computers, intelligence, surveillance and
reconnaissance ("C4ISR"), advanced electro-optic and space
technologies, EW suites, airborne warning systems, ELINT systems,
data links and military communications systems and equipment. The
Group also focuses on the upgrading of existing military platforms
and developing new technologies for defense and homeland security
applications. Contacts Company contact IR Contacts Ilan Pacholder,
Corporate Secretary Ehud Helft/Kenny Green and VP Finance &
Capital Markets Elbit Systems Ltd. GK International Tel:
+972-4-831-6632 Tel: +1-866-704-6710 Fax: +972-4-831-6659 Fax:
+972-3-607-4711 Statements in this press release which are not
historical data are forward-looking statements which involve known
and unknown risks, uncertainties or other factors not under the
company's control, which may cause actual results, performance or
achievements of the company to be materially different from the
results, performance or other expectations implied by these
forward-looking statements. these factors include, but are not
limited to, those detailed in the company's periodic filings with
the Securities and Exchange Commission. DATASOURCE: Elbit Systems
Ltd CONTACT: Company contact, Ilan Pacholder, Corporate Secretary
and VP Finance & Capital Markets, Elbit Systems Ltd., Tel:
+972-4-831-6632, Fax: +972-4-831-6659, ; IR Contacts, Ehud
Helft/Kenny Green, GK International, Tel: +1-866-704-6710, Fax:
+972-3-607-4711, ,
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