Environmental Power Corporation announced today that it is changing the listing of its common stock from the American Stock Exchange to The NASDAQ Stock Market LLC.
Effective December 21, 2007, Environmental Power’s common stock will trade on the NASDAQ Capital Market under the symbol NASDAQ: EPG.
"This decision was reached after careful consideration of capital market alternatives and analysis of the electronic market model, which we believe will provide added visibility to our investors," said Richard E. Kessel, President and CEO of Environmental Power. "We believe that NASDAQ’s electronic multiple market maker structure will provide our company with enhanced exposure and liquidity, while at the same time providing investors with better prices, faster execution and lower cost per trade."
About Environmental Power Corporatio
Environmental Power Corporation is a developer, owner and operator of renewable energy production facilities. Its principal operating subsidiary, Microgy, Inc., holds an exclusive license in North America for the development and deployment of a proprietary anaerobic digestion technology for the extraction of methane gas from animal wastes for its use to generate energy.
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