Press Release Details
Colfax Corporation Common Stock Begins Trading on the NYSE
RICHMOND, Va., May 8, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- Management Team to Ring The Opening Bell (SM) on Friday, May 9th
Colfax Corporation (NYSE: CFX), a global leader in critical fluid-handling solutions, today announced that its common stock has begun trading on the New York Stock Exchange under the ticker symbol "CFX" following its initial public offering.
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"Colfax Corporation is an outstanding addition to our growing family of NYSE-listed companies," said Duncan L. Niederauer, CEO, NYSE Euronext. "We look forward to building a strong partnership with Colfax Corporation and providing the company and its shareholders with the highest levels of service, liquidity and market quality."
"The Colfax associates have worked hard to build a company that sets the standard in critical fluid-handling solutions around the world," said John A. Young, President and CEO of Colfax Corporation. "I am proud of the accomplishments that have led us to this historic day in Colfax's 12-year history. It is an honor to be a NYSE-traded company."
To mark the occasion, Mr. Young and other Colfax executives will ring The Opening Bell (SM) on Friday, May 9th at 9:30 a.m. (ET).
ABOUT COLFAX CORPORATION Colfax Corporation is a global leader in critical fluid-handling solutions, including the manufacture of positive displacement industrial pumps and valves used in global oil & gas, power generation, marine, naval and a variety of other industrial applications. Key product brands include, Allweiler, Fairmount Automation, Houttuin, Imo, LSC, Portland Valve, Tushaco, Warren and Zenith. Colfax is traded on the NYSE under the ticker "CFX." Additional information about Colfax's products, businesses and practices is available at www.colfaxcorp.com
ABOUT NYSE EURONEXT
NYSE Euronext, a holding company created by the combination of NYSE Group, Inc. and Euronext N.V., commenced trading on April 4, 2007. NYSE Euronext (NYSE Euronext: NYX) operates the world's largest and most liquid exchange group and offers the most diverse array of financial products and services. NYSE Euronext, which brings together six cash equities exchanges in five countries and six derivatives exchanges in six countries, is a world leader for listings, trading in cash equities, equity and interest rate derivatives, bonds and the distribution of market data. Representing a combined $30.3 trillion/euro 21.3 trillion total market capitalization of listed companies and average daily trading value of approximately $139 billion/euro 103 billion (as of September 30, 2007), NYSE Euronext seeks to provide the highest standards of market quality and integrity, innovative products and services to investors, issuers, and all users of its markets. NYSE Euronext is part of the S&P 500 and S&P 100 indexes.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS
This press release may contain forward-looking statements, including forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, but are not limited to, statements concerning Colfax's plans, objectives, expectations and intentions and other statements that are not historical or current facts. Forward-looking statements are based on Colfax's current expectations and involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied in such forward-looking statements. Factors that could cause Colfax's results to differ materially from current expectations include, but are not limited to factors detailed in Colfax's Registration Statement on Form S-1 under the caption "Risk Factors" and other reports filed with the U.S. Securities and Exchange Commission. In addition, these statements are based on a number of assumptions that are subject to change. This press release speaks only as of this date. Colfax disclaims any duty to update the information herein.
SOURCE Colfax Corporation
http://www.colfaxcorp.com
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