BRYAN, Texas, Aug. 19 /PRNewswire/ -- Neutral Posture Ergonomics, Inc.
(Nasdaq: NTRL) today announced that it has been granted approval to move from
the Nasdaq National Market to the Small Cap Market. The Company's common
stock will begin trading on the Small Cap Market effective opening of business
on August 20, 1999 under the same NTRL symbol.
Rebecca Boenigk, Chairman and Chief Executive Officer of Neutral Posture
Ergonomics, Inc., commented: "We believe this will alleviate the listing
issues we have been facing for the last twelve months. We are committed to
creating shareholder value that will lead us back to the National Market
through an aggressive growth campaign."
Neutral Posture Ergonomics, Inc. manufactures, markets and distributes
ergonomic products. Neutral Posture Ergonomics, Inc. is a certified Women
Business Enterprise.
PRESS CONTACT:
Gregory A. Katt, CFO of Neutral Posture Ergonomics, Inc., 409-778-0502.
This press release may include certain statements that may be deemed to be
"forward-looking" within the meaning of the Securities Act of 1933, as
amended, and the Securities Exchange Act of 1934, as amended. There are
certain important factors which could cause actual results to differ
materially from those anticipated by the forward-looking statements. Certain
of the important factors which could cause actual results to differ materially
from those in the forward-looking statements include, among other things,
changes from anticipated levels of sales, the ability to integrate acquired
product lines and related businesses, future national or regional economic and
competitive conditions, changes in relationships with customers, customer
acceptance of existing and new products, pricing pressures due to excess
capacity, raw material cost increases, change of tax rates, change of interest
rates, declining conditions in the industry, validity of patents, availability
of key component parts, casualty to or other disruption of the Company's
production facility and equipment, delays and disruptions in the shipment of
the Company's products and other factors that generally affect business.
SOURCE Neutral Posture Ergonomics, Inc.
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Related links:
http://www.neutralposture.com
Company News On-Call:
http://www.prnewswire.com/comp/125652.html or fax,
800-758-5804, ext. 125652
CONTACT:
Gregory A. Katt, CFO of Neutral Posture
Ergonomics, Inc., 409-778-0502
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