NEW YORK, Nov. 14, 2008 (GLOBE NEWSWIRE) -- The NASDAQ OMX Group ("NASDAQ OMX(r)") (Nasdaq:NDAQ) today announced the listing of American Italian Pasta Company, the largest producer of dry pasta in North America. The company will begin trading on the exchange on November 14, 2008 under the ticker symbol (Nasdaq:AIPC). With continued revenue growth and positive EPS numbers, AIPC's stock is up 51% for the year.
"We are delighted to welcome American Italian Pasta Company, the largest producer of dry pasta in North America to the NASDAQ OMX family," said Bob McCooey, Senior Vice President of New Listings and Capital Markets, The NASDAQ OMX Group, Inc. "As home to companies from a variety of industry sectors including 38 in the food industry sector, we are thrilled to have AIPC join our 3,900 listed companies."
About NASDAQ OMX:
The NASDAQ OMX Group, Inc. is the world's largest exchange company. It delivers trading, exchange technology and public company services across six continents, and with over 3,900 companies, it is number one in worldwide listings among major markets. NASDAQ OMX offers multiple capital raising solutions to companies around the globe, including its U.S. listings market; the OMX Nordic Exchange, including First North; and the 144A PORTAL Market. The Company offers trading across multiple asset classes including equities, derivatives, debt, commodities, structured products and ETFs. NASDAQ OMX technology supports the operations of over 60 exchanges, clearing organizations and central securities depositories in more than 50 countries. OMX Nordic Exchange is not a legal entity but describes the common offering from NASDAQ OMX exchanges in Helsinki, Copenhagen, Stockholm, Iceland, Tallinn, Riga and Vilnius. For more information about NASDAQ OMX, visit http://www.nasdaqomx.com/.
About American Italian Pasta Company:
Founded in 1988 and based in Kansas City, Missouri, American Italian Pasta Company is the largest producer of dry pasta in North America. The Company has four plants that are located in Excelsior Springs, Missouri; Columbia, South Carolina; Tolleson, Arizona and Verolanuova, Italy. The Company has approximately 600 employees located in the United States and Italy.
When used in this release, the words "anticipate," "believe," "estimate," and "expect" and similar expressions are intended to identify forward-looking statements, but are not the exclusive means of identifying these statements. The statements by the Company regarding its management and board changes and restatement are forward-looking. Actual results or events could differ materially. The differences could be caused by a number of factors, including, but not limited to, the review of its financial statements, a review and/or audit of the Company's financial statements by its independent registered public accounting firm, the SEC staff review and the conclusions reached regarding financial reporting. The Company will not update any forward-looking statements in this press release to reflect future events.
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