American Stock Exchange Lists Common Stock of Medicsight Incorporated
December 19 2005 - 11:59AM
PR Newswire (US)
NEW YORK, Dec. 19 /PRNewswire/ -- The American Stock Exchange(R)
(Amex(R)) today listed the common stock of Medicsight
Incorporated., under the ticker symbol MGT. Based in London, United
Kingdom, the Company's primary business objective is to conceive,
develop and commercialize innovative medical applications, such as
computer-aided detection of disease, derived from its core
technology through its majority-owned subsidiary, Medicsight PLC.
"As a growing company, we hope that Medicsight will find our
services valuable as it seeks to garner more attention from the
medical and investment communities," said John McGonegal, senior
vice president of the Amex Equities Group. "Medicsight's listing at
the Amex should be seen as a demonstration of our commitment to
attracting more emerging companies based in Europe." "We are
delighted to move Medicsight onto the American Stock Exchange,
which will bring our company's stock into a more liquid environment
and increase our visibility to potential institutional investors,"
said David Mason, chief executive officer of Medicsight USA. "These
enhancements to our visibility and trading liquidity come as we
move Medicsight into a year of product commercialization and
technology adoption." The company has selected Cohen Specialists
LLC as its specialist. For further information on MGT 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 150 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,
American Stock Exchange, +1-212-306-1440, Web site:
http://www.amex.com/
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