Arcadia was honored recently to participate in the opening bell ceremony at the American Stock Exchange (Amex®).  Arcadia Chairman and CEO John E. Elliott II was joined by Company President Larry Kuhnert, Chief Financial Officer Rebecca Irish and Vice President of Administrative Services Cathy Sparling to ring the opening bell to begin trading.

“Transitioning to the Amex marks a significant new milestone for Arcadia,” said Elliott. 
“It is further evidence and recognition of the company’s growth.”

Elliott added, “Our expansion in the direct-to-consumer retail market is an exciting growth opportunity for us – Arcadia Home Medical Supply stores are now opening in Wal-Mart stores in Florida, Texas and New Mexico.  They join our Home Health Center stores in Sears, Roebuck and Co. locations in Michigan. 

“In addition, our recent agreements to launch walk-in medical clinics inside Meijer stores
in Indiana and Michigan, staffed with Arcadia Nurse Practitioners, are another indication
of our growing efforts to become recognized as a total source for health care,” said Elliott.   “Our home care operations bring Arcadia into hundreds of American homes
on a daily basis and continue to grow along with our staffing operations and mail-order pharmacy. 

“Our ability to innovate and create branded Arcadia Divisions creates multiple cross-selling and marketing opportunities that can deliver steady growth on a profitable basis” he added.  “Our Amex listing complements our efforts to achieve greater market visibility and accessibility for our shareholders, institutional investors and analysts who are following
our evolving story.”