DALLAS, Aug. 5, 2014 (GLOBE NEWSWIRE) -- Wilhelmina International, Inc. (OTCBB:WHLM) (the "Company") announced today that its shares of common stock have been approved for uplisting to the NASDAQ Capital Market. Effective Tuesday, August 5, 2014, the stock will trade on NASDAQ under the ticker WHLM.
"We are pleased to be bringing Wilhelmina's common stock to NASDAQ. While Wilhelmina has long been recognized as a leader within the modeling and fashion industries, the uplisting of the common stock to a national exchange should begin to enhance the awareness of the Company in the capital and consumer markets. As one of the largest and most successful model talent agencies in the world, with almost 50 years of experience, and the only publicly traded modeling agency in North America, a national listing on the NASDAQ Capital Market is a great venue for Wilhelmina," commented Mark Schwarz, Executive Chairman of Wilhelmina.
Wilhelmina's common shares will trade under the ticker symbol "WHLM" when trading on Nasdaq begins Tuesday, August 5, 2014.
About Wilhelmina International, Inc. (www.wilhelmina.com):
Through Wilhelmina Models and its other subsidiaries, including, Wilhelmina Artist Management, Wilhelmina International, Inc. provides traditional, full-service fashion model and talent management services, specializing in the representation and management of leading models, entertainers, artists, athletes and other talent to various customers and clients, including, retailers, designers, advertising agencies and catalog companies. Wilhelmina Models was founded in 1967 by Wilhelmina Cooper, a renowned fashion model, and is one of the oldest and largest fashion model management companies in the world. Wilhelmina Models is headquartered in New York and, since its founding, has grown to include operations located in Los Angeles and Miami, as well as a growing network of licensees comprising leading modeling agencies in various local markets across the U.S.as well as in Thailand, Dubai, Vancouver and Tokyo.
Forward-Looking Statements
This report contains certain "forward-looking" statements as such term is defined in the Private Securities Litigation Reform Act of 1995 and information relating to the Company and its subsidiaries that are based on the beliefs of the Company's management as well as assumptions made by and information currently available to the Company's management. When used in this report, the words "anticipate", "believe", "estimate", "expect" and "intend" and words or phrases of similar import, as they relate to the Company or its subsidiaries or Company management, are intended to identify forward-looking statements. Such statements reflect the current risks, uncertainties and assumptions related to certain factors including, without limitation, competitive factors, general economic conditions, the interest rate environment, governmental regulation and supervision, seasonality, changes in industry practices, one-time events and other factors described herein and in other filings made by the Company with the SEC. Based upon changing conditions, should any one or more of these risks or uncertainties materialize, or should any underlying assumptions prove incorrect, actual results may vary materially from those described herein as anticipated, believed, estimated, expected or intended. The Company does not intend to update these forward-looking statements.