NEW YORK, April 24, 2012 /PRNewswire/ -- OTC Markets
Group Inc. (OTCQX: OTCM) the financial information and technology
services company that provides the world's largest electronic
marketplace for broker-dealers to trade unlisted stocks, announced
that Audio Pixels Holdings Ltd (OTCQX: ADPXY; ASX: AKP), a
developer of a revolutionary digital technological platform for
reproducing sound, has chosen to have its American Depositary
Receipts (ADRs) traded on the highest tier of the OTC market,
OTCQX®.
(Logo:
http://photos.prnewswire.com/prnh/20110118/MM31963LOGO )
Audio Pixels began trading today on the OTC market's prestigious
tier, OTCQX International. Investors can find current financial
disclosure and Real-Time Level 2 quotes for the Company on
www.otcmarkets.com.
"We are pleased to welcome Audio Pixels to OTCQX," said R.
Cromwell Coulson, President and Chief Executive Officer of OTC
Markets Group. "The superior information and visibility of the
OTCQX marketplace allows companies to efficiently build investor
confidence and expand their shareholder base."
Merriman Capital, Inc. will serve as Audio Pixels' Principal
American Liaison ("PAL") on OTCQX, responsible for providing
guidance on OTCQX requirements.
About Audio Pixels Holdings Ltd
Audio Pixels Holdings Ltd (OTCQX: ADPXY; ASX: AKP) trades
in the United States on OTCQX
under the symbol "ADPXY", where each ADR represents 1 ordinary
share. Audio Pixels has developed a revolutionary digital
technological platform for reproducing sound, thus enabling the
production of entirely new generation of speakers that will exceed
the performance specifications and design demands of the world's
top consumer electronic manufacturers.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates the world's
largest OTC marketplace for equity securities. Our OTC Link®
trading system delivers price transparency in over 10,000
securities and enables direct interaction between broker-dealers
that provide liquidity and execution services. We organize the
marketplace by categorizing the wide spectrum of OTC-traded
companies into three tiers: OTCQX - The Intelligent Marketplace for
the Best OTC Companies; OTCQB® - The Venture Marketplace; and OTC
Pink® - The Open Marketplace. Our information-driven platform makes
it easy for investors to trade at the best price through the broker
of their choice and empowers companies to build the best markets
for their investors. To learn more about our Open, Transparent, and
Connected marketplace, visit www.otcmarkets.com.
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SOURCE OTC Markets Group Inc.
