Teton's move to NASDAQ should enhance liquidity of its common stock by trading on the world's largest and most efficient electronic trading platform

DENVER, Aug. 28 /PRNewswire-FirstCall/ -- Teton Energy Corporation ('Teton' or the 'Company') (Amex: TEC) announced today that its Board of Directors has approved the decision to switch the listing of its common stock from the American Stock Exchange to the NASDAQ Stock Market LLC(R). Effective September 8, 2008, the Company will trade on the NASDAQ Capital Market under the symbol NASDAQ: TEC.

'This decision was reached after careful consideration of capital market alternatives and analysis of the electronic market model, which provides added visibility to our investors,' stated Lonnie Brock, Executive Vice President and Chief Financial Officer of Teton. 'We believe that NASDAQ's electronic multiple market maker structure will provide our company with enhanced exposure and liquidity, while at the same time providing investors with the best prices, the fastest execution and the lowest cost per trade. As the world's largest electronic stock market, NASDAQ promotes innovation and attracts leading growth companies from a diverse group of sectors. We are proud to be a part of The NASDAQ Stock Market.'

NASDAQ(R) is the largest U.S. electronic stock market. With approximately 3,200 companies, it lists more companies and, on average, its systems trade more shares per day than any other U.S. market. NASDAQ is home to companies that are leaders across all areas of business including technology, retail, communications, financial services, transportation, media, biotechnology and energy. NASDAQ is the primary market for trading NASDAQ-listed stocks. For more information about NASDAQ, visit the NASDAQ Web site at http://www.nasdaq.com or the NASDAQ Newsroom(SM) http://www.nasdaq.com/newsroom.

Company Description. Teton Energy Corporation is an independent oil and gas exploration and production company focused on the acquisition, exploration and development of North American properties. The Company's current operations are concentrated in the prolific Rocky Mountain and Mid-continent regions of the U.S.