U.S. Aerospace, Inc. Announces New Trading Symbol “USAE”
April 27 2010 - 8:00AM
Business Wire
U.S. Aerospace, Inc. (OTCBB: USAE), an emerging world-class
aerospace and defense contractor, today announced that the
Company's corporate ticker symbol has changed from "NCNC" to "USAE"
effective at the opening of the market today, Tuesday, April 27,
2010.
The new trading symbol was selected in conjunction with the
change of the Company's name to U.S. Aerospace, Inc., to emphasize
the aerospace and defense focus of the Company’s operations. “We
are pleased to effectuate this transition in our public trading
identity,” commented director Kenneth J. Koock. “We look forward to
continuing our corporate mission to maximize shareholder value by
taking advantage of growth and expansion opportunities in the U.S.
aerospace market.”
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About U.S. Aerospace, Inc.
U.S. Aerospace, Inc. is a publicly traded aerospace and defense
contractor based in Southern California. U.S. Aerospace is an
emerging world-class supplier to the U.S. Department of Defense,
U.S. Air Force, Lockheed Martin Corporation (NYSE: LMT), The Boeing
Company (NYSE: BA), L-3 Communications Holdings, Inc. (NYSE: LLL),
the Middle River Aircraft Systems subsidiary of General Electric
Company (NYSE: GE), and other aerospace companies, commercial
aircraft manufacturers and prime defense contractors. The Company
supplies aircraft assemblies, structural components and
highly-engineered, precision-machined details for commercial and
military aircraft. It is also a leading manufacturer and
remanufacturer of specialized aircraft machining tools, including
vertical boring mills and large Vertical Turning Centers used to
manufacture the largest jet engines, airplane landing gear, and
other precision components. U.S. Aerospace has offices and
production facilities in Santa Fe Springs and Rancho Cucamonga,
California.
For further information please visit the Company’s website at
http://www.USAerospace.com.
Forward Looking Statements
Except for statements of historical fact, the matters discussed
above are forward looking and made pursuant to the Safe Harbor
provisions of the Private Securities Litigation Reform Act of 1995.
These forward-looking statements reflect numerous assumptions and
involve a variety of risks and uncertainties, many of which are
beyond the Company's control, that may cause actual results to
differ materially from stated expectations. These risk factors
include, among others, limited capital resources, intense
competition, government regulation, and difficulty in aerospace
product and parts manufacturing; as well as additional risks
factors discussed in the reports filed by the Company with the
Securities and Exchange Commission, which are available on its
website at http://www.sec.gov. Except as required by law, the
Company undertakes no obligation to update any information.
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