NEW YORK, Aug. 10 /PRNewswire/ -- The American Stock Exchange(R) (Amex(R))
today listed the common stock of Metretek Technology Inc., under the ticker
symbol MEK.
Metretek Technologies, Inc. through its subsidiaries -- PowerSecure, Inc.;
Metretek, Incorporated; and Southern Flow Companies, Inc. -- is a diversified
provider of energy technology products, services and data management systems
to industrial and commercial users and suppliers of natural gas and
electricity.
'We are pleased to welcome Metretek Technologies to the American Stock
Exchange,' said John McGonegal, senior vice president of the Amex Equities
Group. 'As a destination of choice for growing companies within the energy
industry, we look forward to working with Metretek to help raise its profile
within the investment community.'
W. Phillip Marcum, Metretek's president and chief executive officer, said:
'This represents an important development for the company and its
stockholders. We believe that this listing will enhance our visibility in the
financial community and in our industry, and we expect it to improve the
trading liquidity of our stock.'
The specialist in Metretek will be Cohen Specialists. For further
information on MEK and other Amex-listed companies, please visit 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 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. For
more information, please visit www.amex.com.
SOURCE The American Stock Exchange