PRZOOM - /newswire/ -
Youngsville, NC, United States, 2005/07/11 - Law Enforcement Associates Corporation (OTCBB: LENF), a surveillance and security technology company, announced today that the American Stock Exchange has approved the Company's application for the listing of its common stock..
American Stock Exchange Approves Law Enforcement Associates Stock Listing and Assigns ``AID'' as Its Trading Symbol.
Law Enforcement Associates Corporation (OTCBB: LENF), a surveillance and security technology company, announced today that the American Stock Exchange has approved the Company's application for the listing of its common stock. The Company anticipates that its stock will commence trading on the AMEX on Friday, July 15, 2005 with "AID" as its trading symbol. The AMEX's approval is contingent upon the Company's being in compliance with all applicable listing standards on the date the Company's stock begins trading on the AMEX and may be rescinded if the Company is not in compliance with such standards.
Paul Feldman, President of the Company comments, "We are very excited that the American Stock Exchange has approved the listing of our common stock. Management has worked very hard on the application and we believe that becoming listed on the American Stock Exchange will benefit our stockholders, as our stock is now listed on a recognized exchange."
About Law Enforcement Associates Corporation
Law Enforcement Associates, Inc. (LENF.OB), headquartered in Youngsville, N.C., manufactures and markets a diverse line of undercover surveillance products including a complete line of audio surveillance equipment and Homeland Security Products. LEA currently markets to the Military, law enforcement, security and corrections personnel throughout the world, as well as governmental agencies, multinational corporations and non-governmental organizations. LEA has a history of enhancing security at major events including the Summer Olympics, Democratic National Convention, Super Bowl, Winter Olympic Games and Centennial First Flight Celebration and most recently a key security element for the 2005 US Open Golf Championship. The company's technology is also used as a prevention and detection solution at military bases, nuclear facilities, embassies, government installations, oil refineries, and United Nations and NATO locations throughout the world.
The statements in this news release contain forward-looking information within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve certain risks, assumptions and uncertainties, including the inability to generate and secure the necessary product sale, or the lack of acceptance of the company's products by its customers. In each case actual results may differ materially from such forward-looking statements. The company does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any projected results (expressed or modified) will not be realized.
SOURCE: Law Enforcement Associates Corporation