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Posted: May 7, 2008
Ener1, Inc. Approved to List on the American Stock Exchange
(Nanowerk News) Ener1, Inc., an energy storage solutions company today announced that the
Company has been approved for listing its Common stock on The American
Stock Exchange (AMEX). Its common stock will begin trading on the AMEX
under the new ticker symbol "HEV" effective at the market open on Thursday,
May 8th, 2008.
The approval for listing on the AMEX is contingent upon the Company
being in compliance with all applicable listing standards on the date it
begins trading on the AMEX, and may be rescinded if the Company is not in
compliance with such standards.
Charles Gassenheimer, Chairman of Ener1, Inc. stated, "We strongly
believe in the importance of the milestones that we have set out for the
Company, and this marks yet another important milestone that Ener1 has
delivered upon. We are very proud to be associated with the American Stock
Exchange, which has become an important exchange for energy and energy
related trading. We feel that the AMEX listing will enable Ener1 to have
more visibility with the global investment community as well as increased
liquidity for our stock, all to the benefit of our current shareholders,
future investors and the Company as a whole."
About Ener1, Inc.
Ener1, Inc. (Amex: HEV) is an energy storage solutions company that is
developing and commercializing advanced, high-performance safe lithium-ion
(Li-ion) batteries for hybrid electric vehicles (HEVs), plug-in HEVs
(PHEVs) and electric vehicles (EVs). Ener1 is also developing commercial
fuel cell products through its EnerFuel subsidiary and nanotechnology-based
materials and manufacturing processes for batteries and other applications
through its NanoEner subsidiary. For more information, visit
http://www.ener1.com and http://www.enerdel.com or call (212) 920-3500.