NEW YORK, March 7 /PRNewswire/ -- The American Stock Exchange(R) (Amex(R)) today listed the units of Symmetry Holdings Inc. under the ticker symbol SHJ.U. The offering size is 18.75 million units at $8.00 per unit for gross proceeds of $150 million (excluding the underwriters' over-allotment option). One unit consists of one share of common stock and one warrant. Initially, the units will be the only security trading. Symmetry Holdings Inc. is a newly organized company formed for the purpose of acquiring one or more operating businesses. The Company will focus on industrial, asset-based businesses that are in the basic industries sector. "The American Stock Exchange is pleased to welcome Symmetry Holdings Inc. to our market," said John McGonegal, Senior Vice President of Amex's Equities Group. "The Amex looks forward to supporting Symmetry Holdings as it seeks to convey its value proposition to a greater number of investors." Corrado De Gasperis, Symmetry's CEO said, "We view our affiliation with Amex as indicative of our commitment to high standards of corporate governance. We are eager to identify and conclude our first successful acquisition." The specialist in Symmetry Holdings Inc. will be LaBranche & Co. For further information on SHJ.U and other Amex-listed companies, please visit http://www.amex.com/. The American Stock Exchange(R) (Amex(R)) 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 265 ETFs to date. 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: Catherine Chantharaj, American Stock Exchange, +1-212-306-1689, Web site: http://www.amex.com/

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