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AIR METHODS SECURITIES TO MOVE TO NASDAQ NATIONAL OTC MARKET ON MONDAY, MARCH 28

 AIR METHODS SECURITIES TO MOVE TO
 NASDAQ NATIONAL OTC MARKET ON MONDAY, MARCH 28
 DENVER, March 19 /PRNewswire/ -- Air Methods Corporation (NASDAQ: AIRM), the nation's largest exclusive provider of air medical transportation systems and services, today announced that effective Monday, March 23, 1992, its common stock and warrants will be traded on the NASDAQ National Over-the-Counter (OTC) market.
 This action is being taken in connection with the completion of the company's acquisition of Air Methods Corporation in November 1991. Trading of Air Methods' securities is being transferred because the company's board of directors determined that it was necessary to complete this acquisition without obtaining shareholder approval. Obtaining stockholder approval for this acquisition would have delayed the merger by several months and possibly have threatened its successful completion.
 Air Methods Corporation is the largest exclusive provider of state-of-the-art emergency air medical transportation systems and services to hospitals in North America. The company utilizes only IFR (Instrument Flight Rule)-certified pilots and aircraft, consisting of 24 helicopters and five airplanes, in performing these services. In addition, the company offers completely integrated medical systems for administering intensive care to patients while flying to either a Level 1 trauma center or a tertiary care facility, either from outlying hospitals or the scene of an accident throughout the U.S.
 -0- 3/19/92
 /CONTACT: W. Terrance Schreier, chairman and CEO, or William H. Critchfield, executive vice president and CFO of Air Methods, 303-790-0587/
 (AIRM) CO: Air Methods Corporation ST: Colorado IN: HEA SU:


PS -- NY101 -- 9921 03/19/92 18:55 EST
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Publication:PR Newswire
Date:Mar 19, 1992
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