HOUSTON, Dec. 16, 2008 (GLOBE NEWSWIRE) -- Orion Marine Group, Inc. (Nasdaq:OMGI) (the "Company"), a leading heavy marine contractor, today announced its inclusion in NASDAQ's highest-tiered trading platform, the NASDAQ Global Select Market. Orion Marine Group was previously listed on the NASDAQ Global Market.
Beginning January 2, 2009, Orion Marine Group expects to be included in the NASDAQ Global Select Market, which according to NASDAQ, has the highest initial-listing standards of any exchange in the world based on stringent financial and liquidity requirements. NASDAQ Global Select Market companies are selected based on financial, qualitative, and liquidity requirements, as well as adherence to NASDAQ corporate governance requirements.
For additional information about the NASDAQ Global Select Market, please go to www.nasdaq.com/GlobalSelect.
About Orion Marine Group
Orion Marine Group, Inc. provides a broad range of marine construction and specialty services on, over and under the water along the Gulf Coast and the Atlantic Seaboard and in the Caribbean Basin and acts as a singlesource turnkey solution for its customers' marine contracting needs. Its heavy civil marine construction services include marine transportation facility construction, dredging, repair and maintenance, bridge building, marine pipeline construction, as well as specialty services. Its specialty services include salvage, demolition, diving, surveying, towing, and underwater inspection, excavation and repair. The Company is headquartered in Houston, Texas and has a 75-year legacy of successful operations.