Ion Laser Technology Inc. moves to AMEX Primary List.SALT LAKE CITY--(BUSINESS WIRE)--April 19, 1996--Lynn B. Barney, president and chief executive officer of Ion Laser Technology Inc. (AMEX AMEX See: American Stock Exchange :ILT ILT infectious laryngotracheitis. ) Friday announced that the company has been approved by 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. for trading on the Primary List effective today, April 19, 1996. "Graduation from the Emerging Company Marketplace to the full list is a significant step forward for the company and represents the accomplishment of one more objective in the company's overall strategy. The inclusion in the primary list will allow the company greater access to capital markets and greater diversification of our retail investor Retail Investor Individual investors who buy and sell securities for their personal account, and not for another company or organization. Notes: Retail investors buy in much smaller quantities than larger institutional investors. base. In addition, the Company's stock will now be marginable," commented Barney. Ion Laser Technology manufactures and markets precision laser instruments for industrial, scientific and dental applications. The company's products are used for precision measurement and various types of surgical and non-invasive applications. The company recently received the first market clearance from the FDA FDA abbr. Food and Drug Administration FDA, n.pr See Food and Drug Administration. FDA, n.pr the abbreviation for the Food and Drug Administration. to use two of its laser systems for tooth whitening. CONTACT: Ion Laser Technology, Salt Lake City Kim Gubler, 801/262-5555 |
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