NYSE Amex LLC to be renamed NYSE MKT LLC

  NYSE Amex LLC to be renamed NYSE MKT LLC

            NYSE Amex Options market will retain its current name

Business Wire

NEW YORK -- May 10, 2012

NYSE Euronext (NYX) today announced that NYSE Amex LLC, the self regulatory
organization, will be renamed NYSE MKT LLC effective May 14, 2012, subject to
SEC filing. NYSE MKT is the premier U.S. equities market for listing and
trading of small growth companies. NYSE MKT’s associated options market will
continue to do business under the name NYSE Amex Options.

“NYSE MKT is a fully integrated trading venue within the NYSE Euronext
community and the new name reinforces that fact,” said Scott Cutler, EVP and
Co-Head of U.S. Listings and Cash Execution at NYSE Euronext. “The venue is
dedicated to growth-oriented companies in the U.S., and we continue to enhance
the platform to best meet the needs of these clients.”

NYSE MKT leverages the NYSE’s advanced and innovative market model to offer a
premier venue for listing and trading the stocks of small companies. The venue
utilizes the trading, connectivity and routing technologies of the NYSE
platform and offers superior price discovery, liquidity and reduced trading
volatility. Listed companies benefit from issuer-selected Designated Market
Makers (DMM) that utilize world-class NYSE trading systems to discover and
improve prices, dampen volatility, add liquidity and enhance value. In
addition, NYSE MKT-listed companies gain access to the brand visibility and
are eligible for the issuer services enjoyed by the NYSE Euronext community.

“Our relationship with NYSE Euronext as an NYSE MKT-listed company has been
truly valuable to our business and our shareholders,” said W. Barry Gilbert,
Chairman and CEO of IEC Electronics Corp. “This name change makes it even more
apparent that we are a part of the world’s leading exchange group.”

Effective May 14, 2012, the following indices will be renamed:

Symbol  Former Name                          New Name
XAX      NYSE Amex Composite Index             NYSE MKT Composite Index
XFI      NYSE Amex Composite - Financial       NYSE MKT Composite - Financial
         Subsector Index                       Subsector Index
XHL      NYSE Amex Composite - Healthcare      NYSE MKT Composite - Healthcare
         Subsector Index                       Subsector Index
XID      NYSE Amex Composite - Industrial      NYSE MKT Composite - Industrial
         Subsector Index                       Subsector Index
XIT      NYSE Amex Composite - Technology      NYSE MKT Composite - Technology
         Subsector Index                       Subsector Index
XNA      NYSE Amex Composite - Natural         NYSE MKT Composite - Natural
         Resources Subsector Index             Resources Subsector Index

As of December 31, 2011, there were more than 450 issuers listed on NYSE MKT.
In 2011, 30 new listings and 4 transfers joined the platform. Year to date in
2012, 8 new listings have joined NYSE MKT, including: Radiant Logistics, Inc
(RLGT), GigOptix, Inc. (GIG), Alderon Iron Ore Corporation (AXX) and
NovaCopper Inc. (NCQ).

Companies seeking to list on NYSE MKT are required to meet one of the
following standards:

1. $750,000 pre-tax income; $3 million market value of public float; $3
minimum price; $4 million stockholders equity

2. $15 million market value of public float; $3 minimum price; 2 year
operating history; $4 million stockholders equity

3. $50 million market capitalization; $15 million market value of public
float; $2 minimum price; $4 million stockholders equity

4. $75 million market capitalization; or (at least $75 million in total assets
and $75 million in revenues); $20 million market value of public float; $3
minimum price

About NYSE Euronext

NYSE Euronext (NYX) is a leading global operator of financial markets and
provider of innovative trading technologies. The company's exchanges in Europe
and the United States trade equities, futures, options, fixed-income and
exchange-traded products. With approximately 8,000 listed issues (excluding
European Structured Products), NYSE Euronext's equities markets — the New York
Stock Exchange, NYSE Euronext, NYSE Amex (to be renamed NYSE MKT), NYSE
Alternext and NYSE Arca — represent one-third of the worlds equities trading,
the most liquidity of any global exchange group. NYSE Euronext also operates
NYSE Liffe, one of the leading European derivatives businesses and the world's
second-largest derivatives business by value of trading. The company offers
comprehensive commercial technology, connectivity and market data products and
services through NYSE Technologies. NYSE Euronext is in the S&P 500 index. For
more information, please visit: http://www.nyx.com.

Contact:

Media:
NYSE Euronext
Richard Adamonis, 212-656-2140
radamonis@nyx.com
Keara Everdell, 212-656-2159
keverdell@nyx.com
 
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