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SIMULA, INC. JOINS THE AMERICAN STOCK EXCHANGE; COMPANY PREVIOUSLY TRADED ON NASDAQ'S NATIONAL MARKET

 NEW YORK, Oct. 14 /PRNewswire/ -- Simula, Inc., today began trading its common shares on the American Stock Exchange. The company previously traded over-the-counter on NASDAQ's National Market.
 Trading under ticker symbol SMU, the company's common stock opened on a quotation of 6-1/4 bid, 6-1/2 asked.
 Simula's bonds will trade on the Amex under ticker symbol SMU.A upon completion of the company's previously announced public offering of $12 million of five-year, non-callable senior subordinated notes.
 GHM, Inc. has been selected as the company's specialist firm.
 Simula, Inc., based in Phoenix, Ariz., is engaged in the research, development and manufacturing of crashworthy aircraft components and related structural products including seating systems and restraints.
 Stanley P. Desjardins, chairman, president and chief executive officer, said, "We chose to move Simula from NASDAQ's National Market to the American Stock Exchange because we feel that this switch to the Amex auction market, where trading is liquid and spreads are narrow, is the right move for Simula and its shareholders."
 The American Stock Exchange is unique among U.S. financial markets. It is the only exchange to successfully provide both a primary equities market for growth companies and a principal market for derivatives. The American Stock Exchange is dedicated to providing both public and professional investors with superior trading products and services at competitive prices.
 -0- 10/14/93
 /CONTACT: Melissa Grand, manager-communications, American Stock Exchange, 212-306-1635/
 (SMU)


CO: Simula, Inc. ST: Arizona IN: AIR SU:

CK -- NY059 -- 2304 10/14/93 13:42 EDT
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Publication:PR Newswire
Date:Oct 14, 1993
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