NEW YORK, Feb. 1 /PRNewswire/ -- The American Stock Exchange(R) (Amex(R)) today listed the common stock and warrants of American Telecom Services Inc in an initial public offering. The company's common stock will trade under the ticker symbol TES, while its warrants will trade under the symbol TES.WS. Based in Industry, California, American Telecom Services Inc. designs, distributes and markets product bundles that include multi-handset phones and telecommunication services for sale through retail channels. "We are pleased to welcome American Telecom Services to the American Stock Exchange," said John McGonegal, vice president of the Amex Equities Group. "An initial public offering is an important step for any company to take, and we are pleased American Telecom has opted for the specialized services we at the Amex offer to emerging companies." Bruce Hahn, American Telecom Services' chief executive officer, said: "We are excited to have completed our recent IPO and we look forward to the opportunities that the offering will provide our company and its investors." He added, "We believe a listing on the American Stock Exchange will enhance liquidity by allowing a broader range of investors to own American Telecom's stock." American Telecom has chosen Cohen Specialists LLC as its specialist. For further information on TES and other Amex-listed companies, please visit http://www.amex.com/. The American Stock Exchange(R) (Amex(R)) is the only primary exchange that offers trading across a full range of equities, options and exchange traded funds (ETFs), including structured products and HOLDRS(SM). In addition to its role as a national equities market, the Amex is the pioneer of the ETF, responsible for bringing the first domestic product to market in 1993. Leading the industry in ETF listings, the Amex lists 150 ETFs. The Amex is also one of the largest options exchanges in the U.S., trading options on broad-based and sector indexes as well as domestic and foreign stocks. For more information, please visit http://www.amex.com/. DATASOURCE: American Stock Exchange CONTACT: Javier E. David of American Stock Exchange, +1-212-306-1440, or Web site: http://www.amex.com/

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