PEABODY, Mass.--(BUSINESS WIRE)--June 27, 2006--Beacon Roofing
Supply, Inc. (NASDAQ: BECN) ("Beacon" or the "Company") today
announced that, beginning July 3, 2006, it will be included in the new
NASDAQ Global Select Market. The NASDAQ Global Select Market has the
highest initial listing standards of any exchange in the world based
on financial and liquidity requirements. The Company is currently
listed on the NASDAQ National Market.
Beginning July 3, NASDAQ-listed companies will be classified under
three listing tiers -- NASDAQ Global Select Market, NASDAQ Global
Market, and NASDAQ Capital Market. NASDAQ also plans to launch indexes
based on these new tiers.
"Beacon Roofing Supply is an example of an industry leader that
has achieved superior listing standards, which clearly defines the
essence of the NASDAQ Global Select Market," said Bruce Aust,
Executive Vice President, Corporate Client Group. "NASDAQ is focused
on leading a race to the top in terms of listing qualifications. In
recognizing these companies, we are highlighting their achievement in
meeting the requirements to be included in the market with the highest
listing standards in the world," added Mr. Aust.
"We are honored by NASDAQ's recognition of our Company and excited
about the potential benefits from the new listing," remarked Robert
Buck, Beacon's President and CEO. "It is another accomplishment that
our employees can be proud of," added Mr. Buck.
NASDAQ announced the new three tier listing classification in
February 2006. All three market tiers will maintain rigorous listing
and corporate governance standards. For additional information about
the NASDAQ Global Select Market, please go to:
www.nasdaq.com/GlobalSelect.
About Beacon Roofing Supply
Beacon Roofing Supply, Inc. is a leading distributor of roofing
materials and complementary building products operating 148 branches
in 30 states and in Eastern Canada.
About NASDAQ
NASDAQ is the largest U.S. electronic stock market. With
approximately 3,200 companies, it lists more companies and, on
average, trades more shares per day than any other U.S. market. It is
home to companies that are leaders across all areas of business
including technology, retail, communications, financial services,
transportation, media and biotechnology. NASDAQ is the primary market
for trading NASDAQ-listed stocks. For more information about NASDAQ,
visit www.nasdaq.com or the NASDAQ Newsroom at
http://www.nasdaq.com/newsroom/.
CONTACT: Beacon Roofing Supply, Inc.
Dave Grace, 978-535-7668 x14
CFO
SOURCE: Beacon Roofing Supply, Inc.