Printer Friendly
The Free Library
19,595,263 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

American Oriental Bioengineering's Common Stock Approved for Listing on the American Stock Exchange.


BEIJING -- American Oriental Bioengineering bioengineering

Application of engineering principles and equipment to biology and medicine. It includes the development and fabrication of life-support systems for underwater and space exploration, devices for medical treatment (see
, Inc. (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
: AOBO AOBO Australian Opera and Ballet Orchestra
AOBO Accept on Behalf Of
AOBO All Out Blow Out (Sioux City, IA annual event) 
), a rapidly growing Chinese company which produces and distributes a broad range of pharmaceutical and nutraceutical products, announced today that its common stock has been approved for listing on the American Stock Exchange American Stock Exchange (AMEX)

Stock exchange in the U.S. Originally known as “the Curb,” it began as an outdoor marketplace in New York City c. 1850. It moved indoors to its present location in the Wall Street area in 1921.
 (AMEX AMEX

See: American Stock Exchange
). The company anticipates that its common stock will commence trading on AMEX on July 18, 2005 under the ticker symbol Ticker Symbol

An arrangement of characters (usually letters) representing a particular security listed on an exchange or otherwise traded publicly. When a company issues securities to the public marketplace, it selects an available ticker symbol for its securities which investors
 AOB AOB (on the agenda for a meeting) any other business .

AMEX's approval for listing is contingent upon the company being in compliance with all applicable listing standards on the date it begins trading on the exchange, and may be rescinded if the company is not in compliance with such standards.

"We believe that the listing of our company's common stock on AMEX represents recognition from the investment community of the rapid growth and increasing profitability we are experiencing," said Tony (Shujun) Liu, the Company's Chief Executive Officer. "A listing on AMEX should allow us to further increase awareness of our company among the investment community and enable a larger range of investors to own our stock. This listing is a reflection of the contributions we have received from our employees, customers and shareholders who have made this possible."

About American Oriental Bioengineering, Inc.

American Oriental Bioengineering, Inc. (AOBO) is a leading Chinese biotechnology company that uses proprietary processes for producing soybean soybean, soya bean, or soy pea, leguminous plant (Glycine max, G. soja, or Soja max) of the family Leguminosae (pulse family), native to tropical and warm temperate regions of Asia, where it has been  protein peptide more efficiently than traditional extracting techniques. These techniques are used to manufacture and formulate supplemental and medicinal products. Soybean peptides are used widely in general food, health food products and medicines, among other applications. The Company also produces Cease-Enuresis Soft Gel, the only Chinese FDA-approved first grade, prescription medicine that is specially formulated to help alleviate bed-wetting and incontinence. The Company is a leading producer of products in both the nutraceuticals and pharmaceuticals areas in China. For more information, visit http://www.bioaobo.com.

This news release contains forward-looking statements as defined by 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 include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, product and service demand and acceptance, changes in technology, economic conditions, the impact of competition and pricing, government regulation, and other risks discussed from time to time in reports filed by the company with the Securities and Exchange Commission. . All such forward-looking statements, whether written or oral, and whether made by or on behalf of the company, are expressly qualified by the cautionary statements and any other cautionary statements which may accompany the forward-looking statements. The company cannot guarantee its future results, levels of activity, performance or achievements. In addition, the company disclaim any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Geographic Code:1USA
Date:Jul 12, 2005
Words:465
Previous Article:Intermec and METRO Group Demonstrate Intermec IP4, First Generation 2, ETSI-Compliant Handheld RFID Reader.
Next Article:RF Monolithics, Inc. Announces New Wholly Owned Subsidiary - RFM Technologies, Inc.
Topics:



Related Articles
BRIEFCASE NORTHROP TO HEED JUSTICE REQUEST.
Ballantyne of Omaha Shares to Begin Trading on the American Stock Exchange on September 24, 2004.
Akorn, Inc. Announces American Stock Exchange Listing Approval.
E-Z-EM Board of Directors Approves Listing on NASDAQ National Market.
Dyadic Approved for Listing on the American Stock Exchange.
Recom Managed Systems to Begin Trading on the American Stock Exchange.
Silver Wheaton to Trade on American Stock Exchange.
American Stock Exchange Approves Law Enforcement Associates Stock Listing and Assigns ``Aid'' as Its Trading Symbol.
Metretek Technologies Approved for Listing on the American Stock Exchange.
American Oriental Bioengineering Inc. Options to Trade on Chicago Board Options Exchange (CBOE).

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles