WHX Corporation Approved To List on The NASDAQ Capital Market
December 04 2008 - 4:08PM
PR Newswire (US)
Trading Starts December 5, 2008 Under Symbol WXCO WHITE PLAINS,
N.Y., Dec. 4 /PRNewswire-FirstCall/ -- WHX Corporation (Pink
Sheets: WXCO) (the "Company" or "WHX"), a diversified industrial
products manufacturing company, today announced The Nasdaq Stock
Market LLC has approved its application for listing of the
Company's common stock under the symbol "WXCO" on its Capital
Market. The Company expects trading on The NASDAQ Capital Market
will commence at the market's open on December 5, 2008. The
Company's shares were previously quoted on the over-the-counter
"Pink Sheets" under the same symbol. "Listing on The NASDAQ Capital
Market is an important milestone for our Company and our
stockholders and we are proud to have satisfied the requisite
standards of corporate governance and financial strength," stated
Glen Kassan, the Company's Chief Executive Officer. "We believe the
NASDAQ listing should provide WHX with enhanced trading liquidity."
About the Company WHX is a diversified industrial products
manufacturing company focused on niche industrial products with
strong regional and global customer demand. WHX delivers value to
its customers and stakeholders through the WHX Business System.
WHX's companies manufacture and sell precious metal brazing
products; engineered materials for the roofing, construction,
natural gas, electric, and water industries; specialty tubing
products and precision electroplated materials and stamped parts.
WHX also manufactures and distributes high performance materials
for the printed circuit board industry and silicone rubber-based
insulation materials for industrial, military/aerospace and
commercial markets; adhesive coated vinyl films and
custom-engineered laminates, foils, foams and papers for
industrial, consumer and commercial markets; and meat room cutting
products and services to retail food stores and meat, poultry and
fish processing plants. Forward-looking statements This press
release contains forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended, which are
intended to be covered by the safe harbors created thereby.
Investors are cautioned that all forward-looking statements involve
risks and uncertainty, including without limitation, general
economic conditions, the ability of the Company to market and sell
its products, and the effects of competition and pricing. Although
the Company believes that the assumptions underlying the
forward-looking statements are reasonable, any of the assumptions
could be inaccurate, and therefore, there cannot be assurance that
any forward-looking statements included in this press release will
prove to be accurate. In light of the significant uncertainties
inherent in any forward-looking statements included herein, the
inclusion of such information should not be regarded as a
representation by the Company or any other person that the
objectives and plans of the Company will be achieved. CONTACT:
James McCabe, +1-914-461-1300 DATASOURCE: WHX Corporation CONTACT:
James McCabe, +1-914-461-1300
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