Bogen Communications International, Inc. Shares to Trade On the Nasdaq National Market Beginning August 5, 1998.RAMSEY, NJ--(BUSINESS WIRE)--Aug. 3, 1998--Bogen Communications International, Inc., (AMEX AMEX See: American Stock Exchange :BGN BGN In currencies, this is the abbreviation for the Bulgarian Lev. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. ) ("Bogen") today announced that its common stock will begin trading on the Nasdaq National Market System effective Wednesday, August 5, 1998 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 BOGN. The Company's common stock warrants will likewise trade on Nasdaq NMS See NetWare Management System. under the symbol BOGNW. Michael P. Fleischer, President of Bogen commented, "Listing on the Nasdaq National Market System is an important step for our Company as we pursue our joint goals of profitable corporate growth and enhancing shareholder value. We look forward to joining many telecom peer companies already trading on Nasdaq. Additionally, the multiple market maker system of Nasdaq offers potentially greater liquidity as well as increased visibility worldwide." Bogen Communications International, Inc., based in Ramsey, New Jersey Ramsey is a borough in Bergen County, New Jersey, United States. As of the United States 2000 Census, the borough population was 14,351. Ramsey was incorporated as a borough by an Act of the New Jersey Legislature on March 10, 1908, from portions of Hohokus Township (now and Munich, Germany, develops, manufactures, and markets telecommunications peripherals and sound processing equipment. Bogen's products are sold to commercial, industrial, professional and institutional customers worldwide. Except for historical information contained herein, the statements made in this release constitute forward-looking statements that involve certain risks and uncertainties. Certain factors may cause actual results to differ materially from those contained in the forward looking statements, including potential acquisitions and divestitures, and other risks detailed from time to time in Bogen's reports on file at the Securities and Exchange Commission, including Bogen's Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the fiscal year ended December 31, 1997, Bogen's Form 10-Q Form 10-Q See 10-Q. for the fiscal quarter ended March 31, 1998 and Bogen's Current Report on Form 8-K, dated May 20, 1998, as amended on Form 8-K/A, dated August 3, 1998.
CONTACT: Bogen Communications International, Inc.
Michael P. Fleischer, President
Yoav M. Cohen, Senior VP & CFO
(201) 934-8500
or
BOGEN'S IR COUNSEL:
The Equity Group Inc.
Linda Latman (212) 836-9609
Marie Driscoll (212) 836-9605
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