National R.V. Holdings, Inc. to List on the New York Stock Exchange
12 November 1998
National R.V. Holdings, Inc. to List on the New York Stock ExchangePERRIS, Calif., Nov. 12 -- National R.V. Holdings, Inc. , announced today that it has filed an application to list its Common Stock on the New York Stock Exchange (NYSE). Pending final approval from the NYSE, National RV will commence trading its shares on December 14, 1998. National RV has approximately 10.3 million shares of common stock outstanding that are currently traded on The Nasdaq Stock Market under the symbol "NRVH". Wayne Mertes, National's President and CEO, stated, "We expect that our listing on the NYSE will provide exposure of National RV common stock to a broader base of potential investors thereby maximizing value for our investors, improve liquidity, and offer the advantages of auction market pricing for both current and future shareholders." National R.V. Holdings, Inc. is one of the nation's leading manufacturers of Class A motorhomes. Through its National R.V. subsidiary, the Company designs, manufactures and markets Class A motorhomes and fifth-wheel travel trailers under brand names including Dolphin, Sea Breeze and Tropi-Cal. Through its Country Coach subsidiary, the Company designs, manufactures and markets high-end (Highline) Class A motorhomes and bus conversions under brand names including Concept, Affinity, Magna, Intrigue, and Allure. This release and other statements by the Company contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested due to certain risks and uncertainties including, without limitation, the cyclical nature of the recreational vehicle industry, seasonality and potential fluctuations in the Company's operating results; the Company's dependence on chassis suppliers, the integration by the Company of acquired businesses and management of growth; potential liabilities under repurchase agreements; competition; government regulation; product liability; dependence on key personnel and dependence on certain dealers and concentration of dealers in certain regions. Additional information concerning certain risks and uncertainties that could cause actual results to differ materially from that projected or suggested is contained in the Company's filings with the Securities and Exchange Commission (SEC) over the last 12 months, copies of which are available from the SEC or from the Company upon request.