Henry Bros. Electronics Announces Move to the NASDAQ Stock Market

Tag : electronics

FAIR LAWN, N.J., Sept. 22 /PRNewswire-FirstCall/ -- Henry Bros.Electronics, ( News ) Inc., a turnkey provider of technology-based integratedelectronic security solutions, today announced that its board ofdirectors has approved the decision to switch the listing of itscommon stock from the American Stock Exchange to the NASDAQ StockMarket ( News ) LLC(R). Effective October 2, 2008, the Company will trade on theNASDAQ under its existing symbol HBE.
"We are very pleased to announce this new milestone in ourcompany's history. Just as our joining the Russell Microcap Indexdid in June of this year, our move to the NASDAQ will undoubtedlyexpose us to a new and broader class of investors," said JamesHenry, Chairman and Chief Executive Officer of Henry Bros.Electronics. "Investors have watched our business grow at asignificant pace over the last few years, and recognize this moveas the logical step for our company. It is our unwavering missionto continue to create value for our shareholders, and we believethat the electronic multiple market maker structure will augmentboth our exposure and liquidity, while improving execution speed ata lower cost per trade."
NASDAQ(TM) is the largest U.S. electronic stock market. Withapproximately 3,200 companies, it lists more companies and, onaverage, its systems trade more shares per day than any other U.S.market. NASDAQ is home to companies that are leaders across allareas of business including technology, retail, communications,financial services, transportation, media and biotechnology. NASDAQis the primary market for trading NASDAQ-listed stocks. For moreinformation about NASDAQ, visit the NASDAQ Web site athttp://www.nasdaq.com/ or the NASDAQ Newsroom(SM) http://www.nasdaq.com/newsroom .
About Henry Bros. Electronics, Inc.
Henry Bros. Electronics provides technology-based integratedelectronic security systems, services and emergency preparednessconsultation to commercial enterprises and government agencies. TheCompany has offices in Arizona, California, Colorado, Maryland, NewJersey, New York, Texas and Virginia.
For more information, visit http://www.hbe-inc.com/ .
Safe Harbor Statement: Certain statements in this press releaseconstitute forward-looking statements within the meaning of thePrivate Securities Litigation Reform Act of 1995, as amended.Forward-looking statements inherently involve risks anduncertainties that could cause actual results to differ materiallyfrom the forward-looking statements. Additional informationconcerning factors that could cause actual results to differmaterially from those in the forward looking statements iscontained under the heading of risk factors listed in the Company'sfilings with the U.S. Securities and Exchange Commission. HenryBros. Electronics Inc. does not assume any obligation to update theforward-looking information.
Investor Contacts: Todd Fromer / Erika Kay KCSA StrategicCommunications 212-896-1215 / 212-896-1208 tfromer@kcsa.com / ekay@kcsa.com Jim Henry, Chairman&Chief Executive Officer Henry Bros.Electronics, Inc. 201-794-6500 breach@hbe-inc.com




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