Smart Balance(R) Approved to Trade on the NASDAQ
01 August 2007 - 2:25PM
Business Wire
Smart Balance, Inc. (NasdaqGM: SMBL) today announced that its
application for listing on the NASDAQ Global Market System has been
approved. Smart Balance, Inc.�s common stock, warrants and units
will commence trading on the NASDAQ Global Market on August 1st
under the symbols, �SMBL�, �SMBLW� and �SMBLU�. The company had
been trading on the OTC Bulletin Board under the symbols BSB.OB,
BSBW.OB and BSBU.OB. Stephen B. Hughes, Chairman and CEO of Smart
Balance, Inc., said, �Our successful transition to the NASDAQ
Global Market is a significant step in our overall strategy to
create meaningful shareholder value by improving the visibility of
our company�s shares among growth-oriented investors. We are well
positioned to build on the momentum of the Smart Balance and Earth
Balance brands.� About Smart Balance, Inc. Smart Balance, Inc. is
one of the five fastest growing food companies in the United
States, according to Nielsen sales figures. The company's products
include Smart Balance� branded buttery spreads, peanut butter,
popcorn, and bottled oils, cooking sprays and cheese slices and
shreds. Smart Balance� and Earth Balance� heart-healthy food
products were acquired in May, 2007 by Boulder Specialty Brands,
Inc., which purchased GFA Holdings, Inc., the owner of GFA Brands,
Inc. Shareholders voted to rename the combined company Smart
Balance, Inc. with GFA Brands, Inc. continuing as the company's
wholly owned operating subsidiary. For additional information,
please visit www.smartbalance.com.
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