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Applied Intelligence Group, Inc. Shares Now Trade on Nasdaq SmallCap Market.


EDMOND, Okla.--(BUSINESS WIRE)--Nov. 21, 1996--The common stock of Applied Intelligence Group, Inc. completed its initial public offering and will begin trading on the Nasdaq SmallCap Market on Thursday, Nov. 21.

President and Chief Executive Officer Robert Barcum made the announcement today, noting that the Company's common stock trading symbol Trading symbol

See: Ticker symbol
 is IQIQ (common stock purchase warrants will be listed as IQIQw). Barron-Chase Securities of Boca Raton, Florida Boca Raton ("bōkə rə-tōn") is a city in Palm Beach County, Florida incorporated in May 1925. As of the 2000 census, the city had a total population of 74,764; the 2006 population recorded by the U.S. Census Bureau was 86,396.  was the underwriter of this offering.

Applied Intelligence Group (AIG AIG addressee indicator group (US DoD)
AIG American International Group, Inc
AiG Answers in Genesis (religious group in defense of Scripture)
AIG Artificial Intelligence Group
AIG Australian Industry Group
) is a full service systems integration and consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee
consulting company

business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a
. The Company is engaged in the business of providing information systems services to retail companies and to the manufacturers, wholesalers, and other suppliers who provide the products that these retail companies sell.

These information systems services include management consulting Noun 1. management consulting - a service industry that provides advice to those in charge of running a business
service industry - an industry that provides services rather than tangible objects
, computer hardware sales and computer system integration services, proprietary software products and applications, and network services and network-based computer applications.

Since its founding in 1985, AIG has grown to over 100 employees with revenues of more than $11 million in the most recent financial year. AIG's home page is located on the World Wide Web at http://www.aig.vialink.com

Barcum noted that Applied Intelligence Group's entry into the Nasdaq SmallCap Market provides brokers and others with immediate access to the best bid and ask prices and other information about the company's shares throughout the trading day In Business, the trading day is the time span that a particular stock exchange is open. For example, the New York Stock Exchange is, as of 2006, open from 09:30AM to 4:00PM. Trading days never take place on weekends. . Those prices are available in more than 200,000 electronic terminals in brokers' offices throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area.  and the world. Trading data is also distributed widely through wire services for selective dissemination by newspapers, radio and television stations.

Barcum also noted that in addition to increased market visibility, Nasdaq offers AIG the advantage of multiple market makers that compete to offer the best bid and ask prices as opposed to a single specialist on the floor of a stock exchange.

CONTACT: Applied Intelligence Group, Inc., Edmond

Kay Titchenal, 405/936-2340
COPYRIGHT 1996 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1996, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Nov 21, 1996
Words:315
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