ST. PETERSBURG, Fla., July 18, 2005 (PRIMEZONE) -- Spartan Securities Group, Ltd. today announced that it has commenced market making activities (in the third market) in the shares of Orlando, FL based Galaxy Nutritional Foods, Inc. (AMEX:GXY)
"We are pleased to offer market making services to the shareholders of Galaxy Nutritional Foods," commented Micah J. Eldred, CEO of Spartan Securities Group, Ltd. "Adding this company to the list of stocks we make a market in is one step in our ongoing effort to expand our equity capital markets practice and to provide a comprehensive suite of capital markets services to public companies in our geographic region. Our current suite of services include: investment banking, institutional quality sales, trading and market making, corporate services, and securities processing and transfer agency services. Current or interested shareholders are welcome to contact us to get an idea of both the market price and market depth for shares of this company."
About Spartan Securities Group, Ltd.:
Spartan Securities Group, Ltd. is a privately held broker-dealer located in St. Petersburg, FL. Additional information can be found at www.spartansecurities.com. Member NASD/SIPC.