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American Stock Exchange to Trade Options on Seven Additional


Securities

NEW YORK, April 2 /PRNewswire/ -- The American Stock Exchange(R) (Amex(R)) will launch trading in options on Monday, April 5, 2004 on the following American Stock Exchange, Nasdaq Stock Market and New York Stock Exchange listed stocks of:


       * Alvarion Ltd. (Option Symbol: QBY/Nasdaq: ALVR)
     * ARIAD Pharmaceuticals, Inc. (Option Symbol: UAQ/Nasdaq: ARIA)
     * Bema Gold Corporation (Amex: BGO)
     * Immersion Corporation (Option Symbol: IMU/Nasdaq: IMMR)
     * Intervoice, Inc. (Option Symbol: VQN/Nasdaq: INTV)
     * Semiconductor Manufacturing International Corporation (NYSE: SMI)
     * Stratasys, Inc. (Option Symbol: QQG/Nasdaq: SSYS)

Alvarion Ltd. options will open with position limits of 3,150,000 shares. The options will trade on the March expiration cycle. The specialist will be LaBranche Structured Products, LLC. Alvarion Ltd. provides point-to-multipoint wireless access solutions to telecommunications carriers, service providers and enterprises worldwide.

ARIAD Pharmaceuticals, Inc. options will open with position limits of 3,150,000 shares. The options will trade on the February expiration cycle. The specialist will be Kellogg Capital Group, LLC. ARIAD Pharmaceuticals, Inc. discovers and develops breakthrough medicines that regulate cell signaling with small molecules.

Bema Gold Corporation options will open with position limits of 7,500,000 shares. The options will trade on the January expiration cycle. The specialist will be AGS Specialists, LLC. Amex-listed Bema Gold Corporation mines gold. The Company operates in Russia, South Africa, Chile and Canada.

Immersion Corporation options will open with position limits of 2,250,000 shares. The options will trade on the February expiration cycle. The specialist will be Wolverine Trading L.P. Immersion Corporation develops and licenses hardware and software technologies that enable users to interact with computers using their sense of touch.

Intervoice, Inc. options will open with position limits of 3,150,000 shares. The options will trade on the February expiration cycle. The specialist will be TD Options, LLC. Intervoice, Inc. develops, sells and services interactive voide response (IVR) systems.

Semiconductor Manufacturing International Corporation options will open with position limits of 3,150,000 shares. The options will trade on the March expiration cycle. The specialist will be AGS Specialists, LLC. Semiconductor Manufacturing International Corporation manufactures, trades, packages, tests and provides computer-aided design integrated circuits.

Stratasys, Inc. options will open with position limits of 6,000,000 shares. The options will trade on the March expiration cycle. The specialist will be Group One Trading, L.P. Stratasys, Inc. develops, manufactures and markets rapid prototyping systems.

The American Stock Exchange(R) (Amex(R)) is the only primary exchange that offers trading across a full range of equities, options and exchange traded funds (ETFs), including structured products and HOLDRS(SM). In addition to its role as a national equities market, the Amex is the pioneer of the ETF, responsible for bringing the first domestic product to market in 1993. Leading the industry in ETF listings, the Amex lists 138 ETFs to date. The Amex is also one of the largest options exchanges in the U.S., trading options on broad-based and sector indexes as well as domestic and foreign stocks.

SOURCE The American Stock Exchange

-0- 04/02/2004

/CONTACT: Lynn Duffy of the American Stock Exchange, +1-212-306-1654, lynn.duffy@amex.com/

/Web site: http://www.amex.com /

(ALVR ARIA BGO IMMR INTV SMI SSYS)

CO: American Stock Exchange ST: New York IN: FIN SU: -0- Apr/02/2004 19:48 GMT

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