Primoris Services Corporation Approved for Listing on The NASDAQ Global Select Market
28 Dezembro 2010 - 12:00PM
Primoris Services Corporation (Nasdaq:PRIM)
("Primoris"), one of the largest specialty contractors and
infrastructure companies in the United States, today announced its
eligibility for inclusion in the NASDAQ Global Select Marketsm, the
highest of the three market tiers designated by The NASDAQ Stock
Market®. Primoris's selection follows an annual review by NASDAQ to
determine which companies meet the more stringent listing
requirements of The NASDAQ Global Select Market. According to
NASDAQ, its Global Select Market is reserved for "...public
companies that meet the highest listing standards in the
world."
Primoris's securities will be listed on The NASDAQ Global Select
Market effective January 3, 2011.
Brian Pratt, Chairman, President and Chief Executive Officer of
Primoris, commented, "We are pleased with our inclusion among the
world's most successful and admired public companies. We
appreciate the confidence shown in us by our shareholders and the
meaningful efforts of all Primoris employees as we continue our
growth as a public company."
ABOUT PRIMORIS
Founded in 1946, Primoris, through various subsidiaries, has
grown to become one of the largest specialty contractors and
infrastructure companies in the United States. Serving diverse end
markets, Primoris provides a wide range of construction,
fabrication, maintenance, replacement, water and wastewater, and
engineering services to major public utilities, petrochemical
companies, energy companies, municipalities, and other customers.
With its acquisitions of James Construction Group in December 2009
and Rockford Corporation in November 2010, Primoris has doubled its
size and the Company's national footprint now extends from Florida,
along the Gulf Coast, through California, into the Pacific
Northwest and Canada. For additional information, please visit
www.prim.com.
The Primoris Services Corporation logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=5527
FORWARD LOOKING STATEMENTS
This press release contains certain forward-looking statements,
including with regard to the Company's future performance. Words
such as "estimated," "believes," "expects," "projects," "may," and
"future" or similar expressions are intended to identify
forward-looking statements. Forward-looking statements
inherently involve risks and uncertainties, including without
limitation, those described in this press release and those
detailed in the "Risk Factors" section and other portions of our
Annual Report on Form 10-K for the year ended December 31, 2009,
our Form 10-Q for the three month period ended September 30, 2010,
and other filings with the Securities and Exchange
Commission. Primoris does not undertake any obligation to
publicly update or revise any forward-looking statements, whether
as a result of new information, future events or otherwise, except
as may be required under applicable securities laws.
CONTACT: Primoris Services Corporation
Peter J. Moerbeek, Executive Vice President,
Chief Financial Officer
(949) 454-7121
pmoerbeek@prim.com
The Equity Group Inc.
Devin Sullivan, Senior Vice President
(212) 836-9608
dsullivan@equityny.com
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