Environmental Power Corporation Switches Listing of Common Stock to The NASDAQ Stock Market
December 10 2007 - 8:30AM
PR Newswire (US)
PORTSMOUTH, N.H., Dec. 10 /PRNewswire-FirstCall/ -- Environmental
Power Corporation announced today that it is changing the listing
of its common stock from the American Stock Exchange to The NASDAQ
Stock Market LLC(R). Effective December 21, 2007, Environmental
Power's common stock will trade on the NASDAQ Capital Market under
the symbol NASDAQ: EPG. "This decision was reached after careful
consideration of capital market alternatives and analysis of the
electronic market model, which we believe will provide added
visibility to our investors," said Richard E. Kessel, President and
Chief Executive Officer of Environmental Power. "We believe that
NASDAQ's electronic multiple market maker structure will provide
our company with enhanced exposure and liquidity, while at the same
time providing investors with better prices, faster execution and
lower cost per trade. As the world's largest electronic stock
market, NASDAQ promotes innovation and attracts leading growth
companies from a diverse group of sectors. We are proud to be a
part of the NASDAQ Stock Market." ABOUT NASDAQ NASDAQ(R) is the
largest electronic stock market. With approximately 3,200
companies, it lists more companies and, on average, its systems
trade more shares per day than any other U.S. market. NASDAQ is
home to companies that are leaders across all areas of business,
including technology, retail, communications, financial services,
transportation, media and biotechnology. NASDAQ is the primary
market for trading NASDAQ-listed stocks. Form more information
about NASDAQ, visit the NASDAQ Web site at http://www.nasdaq.com/
or the NASDAQ Newsroom(SM) at http://www.nasdaq.com/newsroom. ABOUT
ENVIRONMENTAL POWER CORPORATION Environmental Power Corporation is
a developer, owner and operator of renewable energy production
facilities. Its principal operating subsidiary, Microgy, Inc.,
holds an exclusive license in North America for the development and
deployment of a proprietary anaerobic digestion technology for the
extraction of methane gas from animal wastes for its use to
generate energy. For more information visit the Company's web site
at http://www.environmentalpower.com/. CONTACT: Company Contact
Mark Hall, Senior Vice President Environmental Power Corporation
(630) 573-2926 Public Relations Contact John Abrashkin, Ricochet
Public Relations (212) 679-3300 x121 Investor Relations Contact
John Baldissera BPC Financial Marketing 1-800-368-1217 DATASOURCE:
Environmental Power Corporation CONTACT: Mark Hall, Senior Vice
President, Environmental Power Corporation, +1-630-573-2926, ; or
Public Relations Contact, John Abrashkin, Ricochet Public
Relations, +1-212-679-3300 x121, ; or Investor Relations, John
Baldissera, BPC Financial Marketing, +1-800-368-1217, Web site:
http://www.environmentalpower.com/
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