NEW YORK, June 5, 2007 (PRIME NEWSWIRE) -- The Nasdaq Stock Market, Inc. (NASDAQ(r)) (Nasdaq:NDAQ) today announced that National Beverage Corp. (AMEX:FIZ) will move its common stock from the American Stock Exchange to NASDAQ's Global Select Market effective on or about June 12, 2007, and trade under the new symbol "FIZZ." NASDAQ's Global Select Market tier has the highest initial listing standards of any stock market in the world.
National Beverage, developer and marketer of many of America's favorite drink brands, including Shasta(r) and Faygo(r) soft drinks and Rip It(r) energy fuel, is the largest beverage company by sales listed on NASDAQ.
National Beverage is the ninth AMEX-listed company to move its listing to NASDAQ this year and 39th AMEX-listed company to have switched to NASDAQ during the last 18 months.
"NASDAQ is delighted that a long-term industry leader like National Beverage has decided to join our family of innovative companies," said William O'Brien, Senior Vice President of New Listings, NASDAQ's Corporate Client Group. "NASDAQ is pleased to be able to support National Beverage by providing added visibility and superior trading for the company."
About National Beverage
National Beverage is a unique beverage company that innovates, develops and markets several of the country's leading beverage products. With its 'time tested' intuitiveness for consumer preferences, National Beverage is positioned as a leader to fulfill the new generation of consumers' tastes and demands for products including energy drinks, vitamin-enhanced soft drinks, bottled waters, fortified juices and juice products, and organic flavors. Its brands include regional and national favorites: Shasta(r), Faygo(r), Ritz(r), Evefresh(r), Mr. Pure(r), LaCroix(r), Rip It(r), Rip It Chic(tm) and FREEK(tm). Visit www.nationalbeverage.com for more information about the company and its brands.
The Nasdaq Stock Market, Inc. is the largest U.S. electronic stock market. With approximately 3,200 companies, it lists more companies and, on average, its systems trade more shares per day than any other U.S. market. NASDAQ is home to companies that are leaders across all areas of business including technology, retail, communications, financial services, transportation, media and biotechnology. NASDAQ is the primary market for trading NASDAQ-listed stocks. For more information about NASDAQ, visit the NASDAQ Web site at http://www.nasdaq.com or the NASDAQ Newsroom at http://www.nasdaq.com/newsroom/.
Neither The Nasdaq Stock Market, Inc. nor any of its affiliates (collectively "NASDAQ") makes any recommendation to buy or sell any security or any representation about the financial condition of any company. Investors should undertake their own due diligence and carefully evaluate companies before investing.
CONTACT: The Nasdaq Stock Market, Inc. Media Contact: Wayne Lee (301) 978-4875 Wayne.D.Lee@Nasdaq.com
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