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Allied Healthcare International Inc.'s Common Stock Begins Trading Today on the NASDAQ Stock Market.


Business Editors/Health/Medical Writers

NEW YORK--(BUSINESS WIRE)--Feb. 23, 2004

Allied Healthcare International Inc. (NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
: AHCI AHCI Advanced Host Controller Interface
AHCI Art and Humanities Index
), a leading international provider of flexible healthcare staffing services, announced that the company's common stock will begin trading on The NASDAQ Stock Market Nasdaq stock market

The first electronic stock market listing over 5000 companies. The Nasdaq stock market comprises two separate markets, namely the Nasdaq National Market, which trades large, active securities and the Nasdaq Smallcap Market that trades emerging growth companies.
 today, Monday, February 23, 2004, under the symbol "AHCI".

"We believe this is the right stock market for our company and its investors. Allied Healthcare International has grown dramatically in the past two years, redefining its business focus in flexible healthcare staffing, and now possesses a broad international investment appeal. We also believe The NASDAQ Stock Market will help ensure that the company is reaching and communicating with global investors - both existing and potential," said Sarah L. Eames, chief executive officer, president and chief operating officer Chief Operating Officer (COO)

The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president.
.

Bruce Aust, executive vice president, The NASDAQ Stock Market, added: "We welcome Allied Healthcare International to The NASDAQ Stock Market. NASDAQ is home to a variety of growth companies within the healthcare sector. As a result, we are pleased Allied Healthcare chose to join our market and look forward to helping them enhance visibility among investors worldwide."

NASDAQ(R) is the world's largest electronic stock market. With approximately 3,300 companies, it lists more companies and, on average, trades more shares per day than any other U.S. market. It is home to category-defining companies that are leaders across all areas of business including technology, retail, communications, financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
, transportation, media and biotechnology industries. NASDAQ is the primary market for trading NASDAQ listed stocks Listed stocks

Stocks that are traded on an exchange.
. Approximately 54% of NASDAQ-listed shares traded are reported to NASDAQ systems. For more information about NASDAQ, visit the NASDAQ Web site at www.NASDAQ.com or the NASDAQ Newsroom(SM) at www.NASDAQnews.com.

New York-based Allied Healthcare International Inc. is a leading provider of flexible healthcare staffing services in the United Kingdom.

Certain statements contained herein are forward-looking statements that have been made pursuant to the safe harbor Safe Harbor

1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated.

2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive.
 provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995. Forward-looking statements involve known and unknown risks and uncertainties, including those contained in the company's filings with the Securities and Exchange Commission, which may cause actual results in future periods or plans for future periods to differ materially from those described herein as anticipated, believed or estimated.
COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Feb 23, 2004
Words:377
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