Coastal Healthcare Group to list on New York Stock Exchange.DURHAM, N.C.--(BUSINESS WIRE)--Nov. 1, 1994--Coastal Healthcare Group 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 :CGRP CGRP Calcitonin Gene-Related Peptide CGRP Controlled Goods Registration Program CGRP Coolant Group (TARTAR) CGRP Common Hardware Reference Platform ) announced Tuesday that it has filed an application to list its common stock on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. . Coastal has been 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. since its initial public offering on June 20, 1991. Coastal expects that its common stock will begin trading on the New York Stock Exchange in late November. "Listing on the New York Stock Exchange will enhance the liquidity of our shares and allow us to diversify our shareholder base," stated Dr. Steven M. Scott, president and chief executive officer. "We are excited about this development and optimistic about our prospects for the future. We believe this action will broaden our recognition with the investment community and further enhance shareholder value." Coastal Healthcare Group Inc. -- The Physician Company, is the largest physician management company in 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 provides a broad range of health care and administrative services to physicians, hospitals, managed care programs and other health care providers. CONTACT: Coastal Healthcare Group Inc., Durham
David H. Fater, 919/383-0355
Kenneth S. Dennard, 919/383-0355
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