Shares Will Continue to Trade Under Ticker Symbol 'EACO'
BALTIMORE, Sept. 9 /PRNewswire/ -- EA Engineering, Science and Technology,
Inc. (Nasdaq: EACO), an international consulting firm specializing in energy,
the environment, and health and safety, announced today that its common stock,
previously listed on the Nasdaq National Market, will now list on the Nasdaq
SmallCap Market. The new listing is effective with the open of business,
September 10, 1999.
The move to the SmallCap Market resulted from the decrease in the market
value of the Company's public float below the listing requirements of the
Nasdaq National Market. Nasdaq trading on the SmallCap Market will continue
uninterrupted under the same stock symbol.
Loren D. Jensen, EA's Chief Executive Officer said, "The new listing of
our stock, with over 2000 other companies, on the Nasdaq SmallCap Market will
be seamless to investors, and the stock will continue to trade as before under
the ticker symbol 'EACO.' Investors will have immediate access to transaction
data similar to that reported by the Nasdaq National Markets, including bid
and ask prices, last-sale prices and volume information."
EA Engineering, Science, and Technology, Inc., is a publicly held
international management consulting firm specializing in energy, the
environment, and health and safety. Through its network of more than 20
offices, EA provides scientific, engineering, economic, analytical, and
management solutions to corporate, utility, municipal, and federal government
clients.
Certain of the statements contained in this news release are
forward-looking statements that involve risks and uncertainties, such as those
related to the Company's contracts and other business risks, including general
economic conditions, the effects of the Company's restructuring, and industry-
wide market factors, as detailed from time to time in the Company's filings
with the Securities and Exchange Commission.
For more information on EA Engineering, Science, and Technology via fax at
no charge, please call 1-800-PRO-INFO and enter ticker symbol "EACO."
SOURCE EA Engineering, Science, and Technology, Inc.
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CONTACT:
Melissa L. Kunkel, Director of Investor
Relations of EA Engineering, Science, and Technology,
410-527-2442, or General, Shelley Young, or Analyst, Nicole
Innarella, 212-661-8030, both of The Financial Relations Board
for EA Engineering, Science, and Technology
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