IGI Laboratories, Inc. announces name change to Teligent, Inc.

Friday, October 23, 2015

IGI Laboratories, Inc., a New Jersey-based specialty generic pharmaceutical company, announced that it will adopt Teligent, Inc. as its new name and will begin trading under a new symbol – TLGT – after ringing the NASDAQ Opening Bell on October 26, 2015.

''Our new name captures the energy and passion that our people feel about our future,'' said Jason Grenfell-Gardner, the Company's President and Chief Executive Officer. ''We are proud of what we have accomplished so far in our Company's transformation, and our people are energized by the opportunities that we see ahead of us.

''There are three pillars that shape the kind of company that we are building. First, we are driven by robust science. Second, we accept no middle ground when it comes to product quality. Finally, we believe in fostering a career of craftsmanship, where our people can become experts in their trade. Our new brand identity evolved from these three pillars, and they will continue to shape our future.''

The icon in the new logo includes a distinctive spark that speaks to the unifying energy of the Company's culture. The spark reflects the dynamic, yet human and engaging characteristic that is shared and valued by employees. As part of the name change, the Company is launching a new website at www.Teligent.com on October 23, 2015.

The Company continues to trade under ticker symbol IG on NYSE MKT until market close on October 23, 2015. Trading on NASDAQ under the Teligent name and ticker symbol TLGT will begin at market open on October 26, 2015.

 

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