Asset Acceptance Capital Corp. Elevated to NASDAQ Global Select Market

Asset Acceptance Capital Corp. is set to join the NASDAQ Global Select Market (NGS), the premier listing tier for NASDAQ companies, starting on July 3, 2006. The NASDAQ Global Select Market has the highest initial listing standards of any exchange in the world based on financial and liquidity requirements. Prior to the change, Asset Acceptance had been listed on the NASDAQ National Market.

“We are pleased to be selected for the new NASDAQ Global Select Market,” said Brad Bradley, chairman, president and CEO of Asset Acceptance. “Asset’s inclusion is a testament to our solid financial performance, steady organic growth and commitment to providing maximum shareholder value.”

As previously announced by The NASDAQ Stock Market, Inc., beginning July 3, NASDAQ-listed companies will be classified under three listing tiers — NASDAQ Global Select Market, NASDAQ Global Market and NASDAQ Capital Markets. According to NASDAQ, all three market tiers will maintain rigorous listing and corporate governance standards