American Stock Exchange Lists Common Stock of Metropolitan Health Networks, Inc.
23 November 2004 - 3:40AM
PR Newswire (US)
American Stock Exchange Lists Common Stock of Metropolitan Health
Networks, Inc. NEW YORK, Nov. 22 /PRNewswire/ -- The American Stock
Exchange(R) (Amex(R)) today listed the common stock of Metropolitan
Health Networks, Inc. under the ticker symbol MDF. Metropolitan
Health Networks of West Palm Beach, Fla., provides healthcare
benefits to over 25,000 members in Central and South Florida. "We
welcome Metropolitan Health Networks to the Amex and we look
forward to working closely with the Company to help them with the
tools to gain greater attention and awareness in the investor
community at large," said John McGonegal, senior vice president of
the Amex Equities Group. In choosing to list on the Amex,
Metropolitan Health Networks joins a substantial and growing number
of health-care services companies as well as pharmaceutical,
biotechnology and medical device companies that benefit from the
Amex's auction-based, Specialist-led system. "Graduating to the
American Stock Exchange represents a significant milestone for
Metropolitan, our shareholders and employees. We take great pride
in this accomplishment, which is one more step in the building of a
solid foundation upon which we can grow our Medicare Advantage
business," Metropolitan Health Networks Chairman of the Board and
CEO Michael Earley, said. "We expect this listing will provide the
opportunity to broaden our investor base and will create additional
liquidity for our shareholders. In addition, the American Stock
Exchange listing will provide greater visibility in the investment
community." The specialist in Metropolitan Health Networks will be
AGS Specialist Partners. For further information on MDF and other
Amex-listed companies, please visit http://www.amex.com/. The
American Stock Exchange(R) (Amex(R)) is the only primary exchange
that offers trading across a full range of equities, options and
exchange traded funds (ETFs), including structured products and
HOLDRS(SM). In addition to its role as a national equities market,
the Amex is the pioneer of the ETF, responsible for bringing the
first domestic product to market in 1993. Leading the industry in
ETF listings, the Amex lists 143 ETFs. The Amex is also one of the
largest options exchanges in the U.S., trading options on
broad-based and sector indexes as well as domestic and foreign
stocks. For more information, please visit http://www.amex.com/.
DATASOURCE: The American Stock Exchange CONTACT: Dan Charnas of
American Stock Exchange, +1-212-306-1654, Web site:
http://www.amex.com/
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