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WATERTOWN, Mass.--([ BUSINESS WIRE ])--Dynasil Corporation (OTCBB:DYSL), a leader in specialized sensors, precision instruments and optical products for the medical, industrial and homeland security/defense markets, today announced that the Companya™s common stock has been approved for listing on the NASDAQ Global Market.
"We believe that the NASDAQ listing should enable us to increase the trading liquidity of our stock, broaden our shareholder base, and raise our profile in the investment community."
Craig T. Dunham, Dynasila™s Chief Executive Officer commented, aWe are honored to be listed on the NASDAQ. The last six years have been transformational for Dynasil, thanks to the excellence of our people; our sales have grown almost twenty-fold. The NASDAQ listing is a logical next step for us. It is aimed at facilitating trade and strengthening the Companya™s foundation for future growth.a Peter Sulick, Dynasila™s Chairman added, aWe believe that the NASDAQ listing should enable us to increase the trading liquidity of our stock, broaden our shareholder base, and raise our profile in the investment community.a
Dynasil expects its common stock to commence trading on the NASDAQ Global Market under the ticker symbol aDYSLa on December 17, 2010.
About Dynasil: Dynasil Corporation of America (OTCBB:DYSL) is a provider of technology, products, services and solutions aimed at making the world safer and healthier.The company supplies a broad range of customers by serving their specific needs in the medical, industrial, and homeland security/defense markets. The Company has operations in Massachusetts, New Jersey, New York and the UK.
This news release may contain forward-looking statements usually containing the words abelieve,a aexpect,a aplan,a atarget,a aintenda or similar expressions.These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act.Statements regarding future results of operations, projections, and expectations, including those relating to the listing of the Companya™s common stock on the NASDAQ Global Market and the future growth of the Company, involve certain risks and uncertainties that could cause actual results to differ materially from the forward-looking statements.Factors that would cause or contribute to such differences include, but are not limited to, the factors detailed in the Company's Annual Report or Form 10-K, Quarterly Reports on Form 10-Q, as well as in the Company's other Securities and Exchange Commission filings, continuation of existing market conditions and demand for our products.