Colfax Corporation Common Stock Begins Trading on the NYSE
09 May 2008 - 1:28AM
PR Newswire (US)
Management Team to Ring The Opening Bell (SM) on Friday, May 9th
RICHMOND, Va., May 8 /PRNewswire-FirstCall/ -- Colfax Corporation
(NYSE: CFX), a global leader in critical fluid-handling solutions,
today announced that its common stock has begun trading on the New
York Stock Exchange under the ticker symbol "CFX" following its
initial public offering. (Logo:
http://www.newscom.com/cgi-bin/prnh/20080508/DC21739LOGO ) "Colfax
Corporation is an outstanding addition to our growing family of
NYSE-listed companies," said Duncan L. Niederauer, CEO, NYSE
Euronext. "We look forward to building a strong partnership with
Colfax Corporation and providing the company and its shareholders
with the highest levels of service, liquidity and market quality."
"The Colfax associates have worked hard to build a company that
sets the standard in critical fluid-handling solutions around the
world," said John A. Young, President and CEO of Colfax
Corporation. "I am proud of the accomplishments that have led us to
this historic day in Colfax's 12-year history. It is an honor to be
a NYSE-traded company." To mark the occasion, Mr. Young and other
Colfax executives will ring The Opening Bell (SM) on Friday, May
9th at 9:30 a.m. (ET). ABOUT COLFAX CORPORATION Colfax Corporation
is a global leader in critical fluid-handling solutions, including
the manufacture of positive displacement industrial pumps and
valves used in global oil & gas, power generation, marine,
naval and a variety of other industrial applications. Key product
brands include, Allweiler, Fairmount Automation, Houttuin, Imo,
LSC, Portland Valve, Tushaco, Warren and Zenith. Colfax is traded
on the NYSE under the ticker "CFX." Additional information about
Colfax's products, businesses and practices is available at
http://www.colfaxcorp.com/ ABOUT NYSE EURONEXT NYSE Euronext, a
holding company created by the combination of NYSE Group, Inc. and
Euronext N.V., commenced trading on April 4, 2007. NYSE Euronext
(NYSE Euronext: NYX) operates the world's largest and most liquid
exchange group and offers the most diverse array of financial
products and services. NYSE Euronext, which brings together six
cash equities exchanges in five countries and six derivatives
exchanges in six countries, is a world leader for listings, trading
in cash equities, equity and interest rate derivatives, bonds and
the distribution of market data. Representing a combined $30.3
trillion/euro 21.3 trillion total market capitalization of listed
companies and average daily trading value of approximately $139
billion/euro 103 billion (as of September 30, 2007), NYSE Euronext
seeks to provide the highest standards of market quality and
integrity, innovative products and services to investors, issuers,
and all users of its markets. NYSE Euronext is part of the S&P
500 and S&P 100 indexes. CAUTIONARY NOTE REGARDING
FORWARD-LOOKING STATEMENTS This press release may contain
forward-looking statements, including forward-looking statements
within the meaning of the Private Securities Litigation Reform Act
of 1995. Such forward-looking statements include, but are not
limited to, statements concerning Colfax's plans, objectives,
expectations and intentions and other statements that are not
historical or current facts. Forward-looking statements are based
on Colfax's current expectations and involve risks and
uncertainties that could cause actual results to differ materially
from those expressed or implied in such forward-looking statements.
Factors that could cause Colfax's results to differ materially from
current expectations include, but are not limited to factors
detailed in Colfax's Registration Statement on Form S-1 under the
caption "Risk Factors" and other reports filed with the U.S.
Securities and Exchange Commission. In addition, these statements
are based on a number of assumptions that are subject to change.
This press release speaks only as of this date. Colfax disclaims
any duty to update the information herein. DATASOURCE: Colfax
Corporation CONTACT: Investor and Media: Scott Faison, Senior VP
and Chief Financial Officer or Joe Niemann, Senior VP Marketing and
Strategic Planning, , , +1-804-327-7378, both of Colfax
Corporation; or Ed Trissel or Sharon Stern, both of Joele Frank,
Wilkinson Brimmer Katcher, +1-212-355-4449, for Colfax Corporation
Web Site: http://www.colfaxcorp.com/
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