Excellency Investment Realty Tust, Inc.
Excellency Investment Realty Trust Completes Listing on Frankfurt Stock Exchange
Excellency Investment Realty Tust, Inc. / Miscellaneous Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. ---------------------------------------------------------------------- NEW YORK, USA -- Excellency Investment Realty Trust, INC., announced today that its application for admission of its common shares for trading at the Frankfurt Stock Exchange has been approved by the exchange. Starting Monday, October 12, 2008, the shares will trade in Germany under the ticker symbol ELR and the security code ISIN: US3006881086. Trading hours will be from 9.00am to 8.00pm daily (Central European Time). Excellency's management intends to expand its shareholder basis internationally and intensify its investor relations efforts in order to provide appropriate and effective responses to current market pressure resulting from the global financial crisis. With new and more international shareholders, Excellency will be well-positioned to continue its growth and consistently increase shareholder value. In conjunction with this strategy, management will conduct several international investor roadshows in Europe and North America shortly. Excellency’s European market maker is the Berlin based Tradegate AG. In its role as a price-fixing broker company, Tradegate AG looks after some 10,000 stocks on the Berlin and Frankfurt stock exchanges – mostly in the OTC-BB market segment, 'Freiverkehr', in which Excellency’s listing also took place. The off-exchange trading of stocks forms a particular focus of Tradegate’s business, for which purpose they operate their own information and trading platform, TRADEGATE. In this system, the market maker publishes price indications on the Internet, including off-exchange deals and other information. Frankfurt Stock Exchange, a subsidiary of Deutsche Börse AG, is one of the world's largest trading centers for securities. With a share in turnover of more than 90 percent, it is the largest of Germany's seven stock exchanges. Frankfurt Stock Exchange facilitates advanced electronic trading, settlement and information systems. Thus, it is able to meet the increasingly stringent requirements of cross-border trading. Besides traditional floor trading, it has one of the leading electronic trading platforms in the world in Xetra, which has also created attractive framework conditions for foreign investors and market participants. About Excellency Investment Realty Trust, Inc. Excellency Investment Realty Trust, Inc. is a real-estate investment firm publicly traded on the OTCBB: under the symbol EIVR with offices at 245 Park Avenue 39th Floor NY, NY 10167. The strategy of the company is to purchase distressed properties that are in good locations, but are underperforming due to cosmetic obsolescence, poor management or lack of capital. Excellency then acquires these properties at a discount, makes the necessary changes and transforms them into high-performing investments. David Mladen, Company Chairman, is an expert in identifying distressed properties and has been active in this market for over 25 years. The company currently owns 8 properties in Hartford, CT and is seeking to acquire additional properties nationwide. More information can be found on the company website at www.excellencyrealty.com! David Mladen Excellency Investment Realty Trust INC. 245 Park Avenue 39th floor New York, NY 10167 Tel: +1 (212) 792 – 4040 Fax: +1 (212) 792 – 4001 davem@excellencyrealty.com www.excellencyrealty.com 14.10.2008 Financial News transmitted by DGAP ----------------------------------------------------------------------
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