NexCen Brands Stockholders Approve Name Change
31 Outubro 2006 - 12:49PM
PR Newswire (US)
Company to Exit Mortgage-Backed Securities Business NEW YORK, Oct.
31 /PRNewswire-FirstCall/ -- NexCen Brands, Inc. ("NexCen" or the
"Company") announced that at its Annual Meeting held earlier today,
stockholders voted to change the Company's name to NexCen Brands,
Inc. from Aether Holdings, Inc. Effective at the opening of trading
on November 1, NexCen common stock will trade on the NASDAQ Global
Market under the symbol "NEXC." The stock previously traded under
the "AETH" symbol. In connection with these changes, the new CUSIP
number is 653351 10 6. (Holders of Aether stock certificates will
not be required to exchange them for new certificates or take any
further action.) "With our business now focused on our brand
acquisition and management platform, the new company name and
ticker symbol is indicative of our future plans," said Robert W.
D'Loren, NexCen's President and Chief Executive Officer. "We are
now poised to fully execute our new business strategy. I look
forward to a very promising future for the company, and for our
stockholders," he noted in closing. The Company also reported that
stockholders approved the sale of its remaining mortgage-backed
securities ("MBS") portfolio and its exit from the MBS business.
The Company expects to complete the sale of the remaining MBS
investments during the fourth quarter. At the meeting, stockholders
also approved the election of the proposed slate of directions,
including one new board member, Jack Rovner, the adoption of new
bonus and equity plans and the ratification of KPMG as the
Company's independent accounting firm. About the Company NexCen
Brands, Inc. (formerly Aether Holdings, Inc.) is a brand
acquisition and management company focused on assembling a
diversified portfolio of IP-centric companies operating in the
consumer branded products and franchise industries. For more
information on NexCen please visit our website at
http://www.nexcenbrands.com/ DATASOURCE: NexCen Brands, Inc.
CONTACT: Media Relations, Marjorie Klein of MKlein Communications,
+1- 203-938-2553, or ; or Investor Relations, David B. Meister of
NexCen Brands, Inc., +1-212-277-1119, or Web site:
http://www.nexcenbrands.com/
Copyright