NewswireToday - /newswire/ -
New York, NY, United States, 2005/07/16 - The American Stock Exchange® (Amex®) today listed the common stock of Law Enforcement Associates Corporation, under the ticker symbol AID..
Law Enforcement Associates is a surveillance and security technology company based in Youngsville, North Carolina. In addition to the surveillance devices it sells, LEA manufactures and distributes under-vehicle surveillance systems that are used to search for explosives and contraband. In addition, Lea is developing a stun gun that it hopes to bring to the market by the end of the year.
"We are extremely pleased to welcome Law Enforcement Associates to the American Stock Exchange," said John McGonegal, senior vice president of the Amex Equities Group. "We look forward to assisting the company in building long-term shareholder value and raising the company's profile in today's market."
"We are very pleased that our common stock is now listed on the American Stock Exchange and we expect our shareholders to realize many benefits from this listing," said Paul Feldman, President of Law Enforcement Associates. "We also believe the Amex listing will increase our visibility and credibility in the financial community as we strive to execute our growth strategy."
The specialist in Law Enforcement Associates will be AGS Specialist Partners.
The American Stock Exchange® (Amex®) 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 164 ETFs to date. 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.
Source: American Stock Exchange