Air Industries Group, Inc. Announces Listing of Shares on the New York Stock
BAY SHORE, NY -- (Marketwired) -- 06/10/13 -- Air Industries Group,
Inc. (OTCQB: AIRI) (OTCBB: AIRI) today announced that its common
stock has been approved for listing on the NYSE MKT, the premier U.S.
equities market for listing and trading of small growth companies.
Trading is expected to commence on the NYSE MKT on Wednesday, June
12, 2013, under the ticker symbol "AIRI".
"The NYSE MKT listing is a significant corporate milestone for Air
Industries. The NYSE listing should enable us to increase the trading
liquidity of our stock, broaden our shareholder base, and raise our
profile in the investment community," said Michael N. Taglich,
Chairman of the Board of Air Industries Group. "We also believe that
listing on the NYSE increases the awareness and stature of Air
Industries among its Tier 1 Aerospace customers and suppliers."
"We are pleased to welcome Air Industries Group, Inc. to the NYSE MKT
family of listed companies," said Scott Cutler, EVP and Co-Head of
U.S. Listings and Cash Execution at NYSE Euronext. "AIRI will be
joining many growth-oriented companies in the U.S. in taking
advantage of the NYSE's advanced and innovative market model offering
a premier value for listing and trading their stocks."
ABOUT AIR INDUSTRIES GROUP, INC.
Air Industries Group, Inc. (OTCQB: AIRI) (OTCBB: AIRI) is an
integrated manufacturer of precision equipment assemblies and
components for leading aerospace and defense prime contractors. Air
Industries designs and manufactures flight critical products
including flight safety parts, landing gear and components, arresting
gear, flight controls, sheet metal fabrications and ground support
Certain matters discussed in this press release are 'forward-looking
statements' intended to qualify for the safe harbor from liability
established by the Private Securities Litigation Reform Act of 1995.
In particular, the Company's statements regarding trends in the
marketplace, the ability to realize firm backlog and projected
backlog, potential future results and acquisitions, are examples of
such forward-looking statements. The forward-looking statements are
subject to numerous risks and uncertainties, including, but not
limited to, the timing of projects due to variability in size, scope
and duration, the inherent discrepancy in actual results from
estimates, projections and forecasts made by management regulatory
delays, changes in government funding and budgets, and other factors,
including general economic conditions, not within the Company's
control The factors discussed herein and expressed from time to time
in the Company's filings with the Securities and Exchange Commission
could cause actual results and developments to be materially
different from those expressed in or implied by such statements. The
forward-looking statements are made only as of the date of this press
release and the Company undertakes no obligation to publicly update
such forward-looking statements to reflect subsequent events or
Air Industries Group, Inc.
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