Bear Wagner Specialists LLC Selected by Gulfmark Offshore, Inc. to Trade Shares on NYSE

By: Bear Stearns | 2 Shares 122 Reads

New York, NY — July 27, 2007 — Bear Wagner Specialists LLC today announced that it was selected by GulfMark Offshore, Inc. to trade its shares on the New York Stock Exchange. A Houston-based marine transportation services company, GulfMark began trading on the NYSE on July 20. GulfMark Offshore had previously traded on NASDAQ.

"GulfMark Offshore is a quality company that we are proud to add to the family of stocks traded by Bear Wagner Specialists," said Peter Murphy, Bear Wagner's chief executive officer. "Bear Wagner provides clients with solid experience, resources and advanced trading technology."

"We chose Bear Wagner Specialists to represent GulfMark on the floor of the Exchange because of their record of strong client service as well as their substantial experience with successful exchange transfers," said Bruce A. Streeter, president and chief executive officer of GulfMark Offshore, Inc. "We look forward to a long and productive relationship with Bear Wagner."

About GulfMark Offshore, Inc.
GulfMark Offshore, Inc., together with its subsidiaries, provides offshore marine services primarily to companies involved in offshore exploration and production of oil and natural gas. Its fleet of 61 vessels provides various services that support the construction, positioning, and ongoing operation of offshore oil and natural gas drilling rigs and platforms. The company's offshore support vessels are used to transport materials, supplies, and personnel and position drilling structures. GulfMark operates in the United States, the United Kingdom, Norway, Southeast Asia, and Brazil. The company was founded in 1996 and is based in Houston, Texas.

About Bear Wagner Specialists LLC
Bear Wagner Specialists, a leading NYSE specialist firm, is a strategic partner and trusted advisor to many of the world's most esteemed companies. Representing more than 350 publicly traded equities with an aggregate market cap greater than $2.8 trillion, Bear Wagner is widely recognized as the most progressive and technologically advanced firm on the Exchange. Bear Wagner Specialists has vast experience assisting companies as they navigate the NYSE listing process and establish their "best practices" investor relations programs. Bear Wagner Specialists LLC is a majority-owned joint venture of The Bear Stearns Companies, Inc. (NYSE:BSC).

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