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Hudson Valley Holding Corp. to Transfer Listing to NYSE


News provided by

Hudson Valley Holding Corp.

Jul 21, 2011, 04:15 ET

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YONKERS, N.Y., July 21, 2011 /PRNewswire/ -- Hudson Valley Holding Corp. (NASDAQ: HUVL) today announced the pending transfer of the listing of its common stock from the NASDAQ Global Select Market (NASDAQ) to the New York Stock Exchange (NYSE).  The Company expects to begin trading on the NYSE on August 2, 2011 under the new ticker symbol "HVB" and will ring the opening bell that morning.  Until the transfer is complete, the Company's common stock will continue to trade under the ticker symbol "HUVL" on NASDAQ.  

"We are excited and pleased to have Hudson Valley shares listed on the NYSE," said James J. Landy, President and Chief Executive Officer.  "The NYSE is home to many of the world's finest companies, including many quality banks, and we believe it is the best exchange for us as we continue to focus on creating long-term value for our shareholders."

"We look forward to welcoming Hudson Valley Holding Corp. to the community of New York Stock Exchange listed companies," said Scott Cutler, NYSE Euronext EVP and Head of Listings, Americas. "We are committed to a long-term partnership with Hudson Valley Holding Corp. and its shareholders, and to providing the superior liquidity, services and visibility associated with listing on the NYSE."

About Hudson Valley Holding Corp: Hudson Valley Holding Corp., headquartered in Yonkers, NY, is the parent company of Hudson Valley Bank. Hudson Valley Bank is a Westchester based Bank with more than $2.6 billion in assets, serving the metropolitan area with 35 branches located in Westchester, Rockland, the Bronx, Manhattan and Brooklyn in New York and Fairfield County and New Haven County, in Connecticut. Hudson Valley Bank specializes in providing a full range of financial services to businesses, professional services firms, not-for-profit organizations and individuals; and provides investment management services through a subsidiary, A. R. Schmeidler & Co., Inc. Hudson Valley Holding Corp.'s common stock is currently traded on the NASDAQ Global Select Market under the ticker symbol "HUVL" and is included in the Russell 3000® Index. Additional information on Hudson Valley Bank can be obtained on their web-site at www.hudsonvalleybank.com.

Hudson Valley Holding Corp. ("Hudson Valley") has made in this press release various forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may be identified by such forward-looking terminology as "expect", "may", "will", "anticipate", "continue", "believe" or similar statements or variations of such terms. Hudson Valley cautions that these forward-looking statements are subject to numerous assumptions, risks and uncertainties, and that statements relating to subsequent periods increasingly are subject to greater uncertainty because of the increased likelihood of changes in underlying factors and assumptions. Actual results could differ materially from forward-looking statements. You should carefully consider the risk factors and risks and uncertainties included in Hudson Valley's most recent earnings release as well as its Annual Report on Form 10-K for the year ended December 31, 2010 and in all filings with the SEC made by Hudson Valley subsequent to the filing of the Form 10-K, all of which are available at the Investor Relations section of Hudson Valley's web-site at  www.hudsonvalleybank.com. We assume no obligation for updating any such forward-looking statements at any given time.

SOURCE Hudson Valley Holding Corp.

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