MINNEAPOLIS, Oct. 21 /PRNewswire-FirstCall/ -- HealthFitness
Corporation, a leading provider of integrated employee health and
productivity management solutions, today announced the approval of its
application to list its common stock on the NYSE Alternext US, formerly the
American Stock Exchange. Trading on the NYSE Alternext US will begin on
Wednesday, Oct. 22, 2008 under the ticker symbol FIT.
This approval is contingent upon the Company being in compliance with
all applicable listing standards on the date it begins trading, and may be
rescinded if the Company is not in compliance with such standards.
Mark Sheffert, HealthFitness board chairman, said, "We are pleased to
achieve listing on the NYSE Alternext US. This listing will give us greater
visibility with new investors and improve the liquidity of our stock for
shareholders."
About HealthFitness Corporation
HealthFitness is a leading provider of employee health improvement
services to Fortune 500 companies, the health care industry and individual
consumers. Serving clients for more than 30 years, HealthFitness partners
with employers to effectively manage their health care and productivity
costs by improving individual health and well-being. HealthFitness serves
more than 300 clients globally via on-site management and remotely via Web
and telephonic services. HealthFitness provides a complete portfolio of
health and fitness management solutions including a proprietary health risk
assessment platform, screenings, EMPOWERED(TM) Health Coaching and delivery
of health improvement programs. HealthFitness employs more than 3,000
health and fitness professionals in national and international locations
who are committed to the company's mission of "improving the health and
well-being of the people we serve." For more information on HealthFitness,
visit http://www.hfit.com.
Forward Looking Statements
Certain statements in this release, including, without limitation, that
listing on the NYSE Alternext US (the "Exchange") will allow the company to
achieve greater visibility with new investors and improve the liquidity of
the company's stock for shareholders, are forward-looking statements. Any
statements that are not based upon historical facts, including the outcome
of events that have not yet occurred and our expectations for future
performance, are forward-looking statements. The words "potential,"
"believe," "estimate," "expect," "intend," "may," "could," "will," "plan,"
"anticipate," and similar words and expressions are intended to identify
forward-looking statements. Such statements are based upon the current
beliefs and expectations of our management. Actual results may vary
materially from those contained in forward-looking statements based on a
number of factors including, without limitation, the maintenance of a
minimum trading price of our common stock, the company's ability to comply
with the listing procedures and requirements to be admitted and to maintain
continued listing on the Exchange, the creation of an active trading market
for our stock on the Exchange, the company's ability to attract
institutional and other new investors, the company's performance, our
inability to deliver the health management services demanded by major
corporations and other clients, the level of demand for our services,
customer acceptance of higher service pricing, our inability to
successfully cross-sell health management services to our fitness
management clients, our inability to successfully obtain new business
opportunities, our failure to have sufficient resources to make
investments, our ability to make investments and implement strategies
successfully, our ability to limit and manage expenses, continued delays in
obtaining new commitments and implementing services, and other factors
disclosed from time to time in our filings with the U.S. Securities and
Exchange Commission including our Form 10-K for 2007 as filed with the SEC.
You should take such factors into account when making investment decisions
and are cautioned not to place undue reliance on these forward-looking
statements, which speak only as of the date on which they are made. We
undertake no obligation to update any forward-looking statements.
SOURCE HealthFitness Corporation
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Related links:
http://www.hfit.com
CONTACT:
Wes Winnekins, CFO of HealthFitness
Corporation, +1-952-897-5275; or David Heinsch of Padilla Speer
Beardsley, +1-612-455-1768, for HealthFitness Corporation
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