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FOR IMMEDIATE RELEASE: Thursday, November 30, 2000
CONTACT: Frank Keery, Chief Executive Officer Madeleine Franco
Dennis Rutherford, Chief Financial Officer Jordan Richard Assoc.
Titan Motorcycle Co. of America 801-268-8610
www.titanmotorcycle.com [email protected]
TITAN UPDATES NASDAQ LISTING STATUS
PHOENIX, ARIZ.--Titan Motorcycle Co. of America announced today that the Nasdaq
Listing Qualifications Panel has decided to delist the Company's Common Stock
from the Nasdaq SmallCap Market as of the opening of the market on November 30,
2000. Nasdaq's decision is the result of the Company's inability to meet the
minimum bid price for its common stock as set by Nasdaq. Over the past several
months, the Company has had difficulty meeting both Nasdaq's trading price and
capitalization requirements. Upon delisting, the Company's Common Stock will
become eligible for trading on the OTC Bulletin Board.
Founded in 1994, Titan Motorcycle Co. of America is a premier designer,
manufacturer and distributor of high-end, American-made, V-twin engine
motorcycles marketed under various Titan trademarks. Titan's unique, hand-built
configurations, including the Gecko(TM), Roadrunner(TM), Sidewinder(TM), and
Phoenix(TM), represent the finest available in custom-designed, volume-produced,
performance motorcycles. Manufactured at the company's corporate headquarters
and manufacturing facility, and available with a variety of customized options
and designs, Titan's large displacement motorcycles are sold through a network
of over 80 domestic and international dealers.
