American Stock Exchange Lists Common Stock Of Coinmach Service Corporation
February 03 2006 - 9:45AM
PR Newswire (US)
NEW YORK, Feb. 3 /PRNewswire/ -- The American Stock Exchange(R)
(Amex(R)) today listed the Class A common stock of Coinmach Service
Corporation in a public offering, under the ticker symbol DRA. The
common stock currently trades as a component of Coinmach's
income-deposit securities (IDS), under the symbol DRY. Based in
Plainview, New York, Coinmach Service Corp., through its operating
subsidiaries, is a leading supplier of outsourced laundry equipment
services for multi-family housing properties in North America. The
Company's core business involves leasing laundry rooms from
building owners and property management companies, installing and
servicing laundry equipment and collecting revenues generated from
laundry machines. "We are pleased to welcome Coinmach's common
stock to the American Stock Exchange," said John McGonegal, senior
vice president of Amex's equities group. "We have been trading
their income deposit securities since November 2004 and we look
forward to trading both issues for many more years in the future."
The specialist in Coinmach will be Kellogg Capital Group. For
further information on DRA and other Amex-listed companies, please
visit http://www.amex.com/. 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 151
ETFs. 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. For more information, please visit
http://www.amex.com/. DATASOURCE: The American Stock Exchange
CONTACT: Javier E. David of American Stock Exchange,
+1-212-306-1440, Web site: http://www.amex.com/
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