Solar-Mates advances to the NASDAQ National Market.SARASOTA, Fla.--(BUSINESS WIRE)--Aug. 9, 1996--Solar-Mates Inc. today announced that its common stock, currently traded on the 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 SmallCap Market, will begin trading on The NASDAQ National Market on Aug. 12, 1996. The stock will continue to trade under the symbol SOLR SOLR Searching On Lucene w/Replication (HTTP based search application) SOLR Sprint On-Line Reference (system) . According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Stephen Nevitt, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Solar-Mates Inc., "Our company was accepted for listing, after meeting the more stringent quantitative and non-quantitative requirements of The NASDAQ National Market. A National Market listing reflects Solar-Mates continued growth and financial progress and should benefit both the shareholders and the investment community through heightened visibility and liquidity." Solar-Mates Inc. is engaged in the business of designing, manufacturing through outside sources, marketing and distributing a wide array of sunglasses sunglasses A tinted pair of glasses used to ↓ light arriving at the eye, which are labeled according to the amount of UV light blocked; nonprescription glasses are classified according to use and amount of UV radiation blocked Sunglasses . The company designs and markets selected lines of sunglasses which are primarily targeted for distribution through the mass merchandise market. The company's Solar*X(R) line of sunglasses is marketed as a sunglass with quality comparable to that of optical sunglasses at popular prices. Solar*X(R) features a ground and polished lens which provides for virtually complete protection from the harmful ultraviolet sun rays and glare. The company also markets sunglasses under other brand names, including Outa Limitz(TM), Range and River(TM) and Charming Profiles, each of which the company believes creates a niche among popular priced sunglasses of various categories. In 1995, Solar-Mates launched its H2Optix(R) line of premium sunglasses which has been designed specifically for use in the water environment. H2Optix(R) incorporates a distinctive combination of elements that work together to provide a total optical system for all of the needs of the water sports water sports Urophilia, see there enthusiast. Solar-Mates has recently added to its H2Optix(R) collection signature styles that are designed and sourced in Italy. Solar-Mates maintains its principal executive offices at 8125 25th Court East, Sarasota, Florida Sarasota is a city located in Sarasota County on the central west coast of Florida, USA. Its official limits include Sarasota Bay and several barrier islands between the bay and the Gulf of Mexico. , (941) 359-3599. NOTE TO EDITORS: In the third paragraph of this news release, there is an "asterisk" symbol as part of the company's product name. This symbol may not appear properly in some systems. CONTACT: Solar-Mates Inc. Jack Wynn, 540/687-3587 |
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